business
Business
Adidas raises 2024 guidance again, citing good brand momentum
Business
Britain’s SSE rebuffed EDP proposal to merge, sources say
Business
Prospering in Economic Uncertainty: A Strategic Guide for Entrepreneurs
Business
How to Pitch Your Business to Investors: 7 Key Elements for Securing Funding
How The Buy Now, Pay Later (BNPL) Expansion is Transforming eCommerce
Date: October 15, 2024
In the world of online shopping, few forces have been as disruptive and far-reaching as the rise of Buy Now, Pay Later (BNPL) services; what began as a niche offering is now rapidly reshaping consumer spending habits, upending traditional banking models, and challenging how we think about debt and credit in the digital age. The...
Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say
Date: October 15, 2024
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India’s Bharti Airtel, two sources familiar with the matter said. This comes after Ericsson got part of a $3.6 billion contract last month for selling 5G equipment to India’s Vodafone Idea. It...
Stellantis’ CEO declines to rule out job cuts in challenging market
Date: October 14, 2024
PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese competition and staying profitable would require a huge effort, potentially including plant closures or offloading brands. “We will need to make big efforts”, Tavares told French radio station RTL, adding that it was...
Geopolitics dents big UK businesses’ optimism, Deloitte says
Date: October 14, 2024
By Andy Bruce (Reuters) – Optimism in large British companies softened ahead of the new Labour government’s first annual budget, dented by worries around geopolitics, a survey showed on Monday. Accountants Deloitte said their quarterly gauge of business sentiment fell in the third quarter to +6% from +23% in the previous quarter, but still...
UK economy returns to growth in August after two months of stagnation
Date: October 11, 2024
By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain’s economy grew in August after two consecutive months of stagnation, providing some relief to finance minister Rachel Reeves ahead of the new Labour government’s first budget later this month. Economic output rose by 0.2% in monthly terms in August, according to figures from the Office for...
Tesla to give permanent jobs to 500 temporary staff at German gigafactory
Date: October 11, 2024
FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gigafactory near Berlin, in what the U.S. electric carmaker called an “optimistic assessment of the further development of e-car production”. Gruenheide, Tesla’s only European gigafactory, employs around 12,000 staff. Tesla said that at...