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Nokia-brand owner HMD starts making 5G smartphones in Europe
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UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas
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Banks behind 70% jump in greenwashing incidents in 2023 -report
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Countries pledge to raise $12 billion to fund coral reef protection
UK’s Greggs shows resilience with quarterly sales rise
Date: October 3, 2023
UK’s Greggs shows resilience with quarterly sales rise LONDON (Reuters) -British baker and fast food chain Greggs kept its full-year outlook as underlying sales rose in the third quarter and it won market share, showing the resilience of its value offer in a cost of living crisis now into a second year. Greggs also said...
Rouble recovers slightly after slide past 100 vs dollar
Date: October 3, 2023
Rouble recovers slightly after slide past 100 vs dollar (Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on Tuesday, weighed down by foreign currency outflows and the country’s shrinking current account surplus. The rouble’s last tumble into triple digits in August led the...
UK shop price inflation at lowest in a year – BRC
Date: October 3, 2023
UK shop price inflation at lowest in a year – BRC LONDON (Reuters) – Prices in British store chains rose at the slowest pace in a year in September, according to industry data that adds to signs that the UK’s high inflation rate is set to extend its recent fall. The British Retail Consortium said...
Visa launches $100 million venture fund for generative AI startups
Date: October 3, 2023
Visa launches $100 million venture fund for generative AI startups (Reuters) – Payments processor Visa on Monday launched a $100 million venture fund for generative artificial intelligence (AI) startups, joining a list of investors who have flocked to the sector this year. Several high-profile names such as Microsoft and Alphabet’s Google have backed the AI...
Oil tumbles 2% to 3-week low on strong dollar, profit taking
Date: October 3, 2023
Oil tumbles 2% to 3-week low on strong dollar, profit taking By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the U.S. dollar strengthened and traders took profits, concerned about rising crude supplies and pressure on demand from high interest rates....
Dollar climbs to near 150 vs yen after US shutdown avoided, data
Date: October 3, 2023
Dollar climbs to near 150 vs yen after US shutdown avoided, data By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index climbed on Monday, building on four straight weeks of gains after the U.S. government temporarily avoided a shutdown and economic data continues to support the view the U.S. Federal Reserve will keep rates...