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Image for Inside Novo Nordisk's 'Club 5,000' as Danish staff cuts gain pace

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Inside Novo Nordisk's 'Club 5,000' as Danish staff cuts gain pace

Image for Italy's tenacious stance on gold pays off as prices soar

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Italy's tenacious stance on gold pays off as prices soar

Image for Exclusive-Japanese semiconductor company Renesas explores $2 billion sale of timing unit

Finance

Exclusive-Japanese semiconductor company Renesas explores $2 billion sale of timing unit

Image for Morning Bid: Fed back on centre stage, for now

Finance

Morning Bid: Fed back on centre stage, for now

Image for UK's Reeves considering tax increases and spending cuts, Sky News reports

UK's Reeves considering tax increases and spending cuts, Sky News reports

Date: October 15, 2025

(Reuters) -Britain's finance minister Rachel Reeves said she was looking at both tax rises and spending cuts in the upcoming budget, according to an interview with Sky News on Wednesday. "Of course,...

Image for German policy needs a decisive "Africa shift", association says

German policy needs a decisive "Africa shift", association says

Date: October 15, 2025

BERLIN (Reuters) -German economic policy is in need of a decisive "Africa shift" in light of geopolitical tensions and critical dependencies on raw materials, the Sub-Saharan Africa Initiative of...

Image for Exclusive-Foxconn bid for stake in unit of Germany's ZF Group stalls, documents show

Exclusive-Foxconn bid for stake in unit of Germany's ZF Group stalls, documents show

Date: October 15, 2025

By Engen Tham and Ilona Wissenbach (Reuters) -Foxconn's two-year pursuit of a stake in a unit of German auto supplier ZF Group stalled last month due to a substantial mismatch in valuation...

Image for S&P 500, Nasdaq end higher as earnings fervor calms trade jitters

S&P 500, Nasdaq end higher as earnings fervor calms trade jitters

Date: October 15, 2025

By Rae Wee SINGAPORE (Reuters) -Asian stocks staged a tentative rebound on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell and upbeat bank earnings on Wall Street, though...

Image for Stellantis to invest $13 billion in the United States

Stellantis to invest $13 billion in the United States

Date: October 15, 2025

By Nora Eckert and Nathan Gomes (Reuters) -Stellantis announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants...

Image for Dollar drops versus euro and yen amid ongoing US-China trade friction

Dollar drops versus euro and yen amid ongoing US-China trade friction

Date: October 15, 2025

By Kevin Buckland TOKYO (Reuters) -The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers on an interest rate cut this month....