Finance

Image for G20 issues Chair Summary highlighting global economic resilience amid risks

Headlines

G20 issues Chair Summary highlighting global economic resilience amid risks

Image for Russia says it continues to seek solution with Serbia over sanctioned NIS oil company

Headlines

Russia says it continues to seek solution with Serbia over sanctioned NIS oil company

Image for AI data centre boom spurs robot maker ABB's US sales

Finance

AI data centre boom spurs robot maker ABB's US sales

Image for Chip stocks rise after TSMC's rosy outlook on strong AI demand

Finance

Chip stocks rise after TSMC's rosy outlook on strong AI demand

Image for Mammoth Brands clinches $1 billion-plus deal for high-end diaper maker Coterie

Mammoth Brands clinches $1 billion-plus deal for high-end diaper maker Coterie

Date: October 16, 2025

By Abigail Summerville (Reuters) -Consumer goods company Mammoth Brands announced on Thursday that it will buy premium baby care brand Coterie, which counts models and entrepreneurs Karlie Kloss and...

Image for Factbox-AI bubble? Opinions divided on tech's trillion dollar question

Factbox-AI bubble? Opinions divided on tech's trillion dollar question

Date: October 16, 2025

(Reuters) -Companies announcing multi-billion dollar investments in artificial intelligence have raised concerns about the formation of a bubble reminiscent of the dotcom boom and bust. Investors are...

Image for Bank of England's Mann says UK job market weaker, not falling off cliff

Bank of England's Mann says UK job market weaker, not falling off cliff

Date: October 16, 2025

WASHINGTON (Reuters) -Britain's labour market is weakening, but not at so sharp a rate that it requires the Bank of England to cut interest rates further, BoE policymaker Catherine Mann said on...

Image for Tencent-backed Uzbek start-up Uzum considers London listing

Tencent-backed Uzbek start-up Uzum considers London listing

Date: October 16, 2025

By Robert Harvey and Felix Light LONDON (Reuters) -Tencent-backed fintech and e-commerce provider Uzum, Uzbekistan's most valuable start-up, has added London to its list of possible locations for a...

Image for ABB CEO 'very confident' of demand for data centers powering AI

ABB CEO 'very confident' of demand for data centers powering AI

Date: October 16, 2025

By John Revill ZURICH (Reuters) -Switzerland's ABB is "very confident" about future demand from data centers that power artificial intelligence, its CEO Morten Wierod told Reuters. The engineering...

Image for Roche to sell flu pill for $50 to cash-paying US patients

Roche to sell flu pill for $50 to cash-paying US patients

Date: October 16, 2025

By Patrick Wingrove (Reuters) -Roche on Thursday launched direct-to-consumer U.S. sales of its influenza antiviral pill Xofluza at a discounted cash price of $50, following similar moves by rivals as...