business
Business
UK shop prices dip for first time in nearly 3 years, survey shows
Business
Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
Business
Pay gap between bosses and ordinary workers widens in Switzerland
Business
Analysis-Darkening global outlook, central bank pivots signal more turbulence
Australian employees now have the right to ignore work emails, calls after hours
Date: August 26, 2024
By Lewis Jackson SYDNEY (Reuters) – Is your boss texting you on the weekend? Work email pinging long after you’ve left for home? Australian employees can now ignore those and other intrusions into home life thanks to a new “right to disconnect” law designed to curb the creep of work emails and calls into...
Oil up over 1% but set to end week down on demand concerns
Date: August 23, 2024
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower as weaker U.S. employment data raised concerns over the health of the world’s largest oil consumer, and renewed ceasefire talks in Gaza eased worries about supply. Brent crude futures rose by...
Nestle replaces CEO Schneider with company veteran Freixe
Date: August 23, 2024
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge to grow sales. Schneider has decided to step down as CEO and a member of the board...
Oil set to end week lower on demand concerns, easing supply woes
Date: August 23, 2024
By Shariq Khan (Reuters) – Oil prices were little changed on Friday, on track to end the week lower, as downward revisions to U.S. employment data raised concerns over demand and renewed ceasefire talks in Gaza eased worries about supply disruptions. Both Brent crude futures and U.S. West Texas Intermediate (WTI) crude futures were...
UK businesses report more growth momentum in August
Date: August 22, 2024
By Andy Bruce (Reuters) -British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going into the second half of 2024. Investors slightly scaled back their bets on a Bank of England interest rate cut next month after...
Analysis-Euro, now a safer bet, emerges a winner from market turmoil
Date: August 22, 2024
By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have unsettled a strong dollar and halted a relentless slide in Japan’s yen. Having broken decisively above the symbolic $1.10 level, the...