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Image for German fuel tax cut not fully reaching diesel drivers, Ifo says
Finance

German fuel tax cut not fully reaching diesel drivers, Ifo says

By Cian Muenster and Kira Britten Oct 22 (Reuters) - German diesel drivers are receiving only part o...

22nd October, 2026

Image for VW's Skoda Auto unions reject salary freeze as part of group savings
Finance

VW's Skoda Auto unions reject salary freeze as part of group savings

PRAGUE, Oct 22 (Reuters) - Unions at Volkswagen's Czech unit Skoda Auto will not accept a salary fre...

22nd October, 2026

Image for Kuehne+Nagel CEO expects most container lines back in Suez Canal by early Q2
Finance

Kuehne+Nagel CEO expects most container lines back in Suez Canal by early Q2

By Basile Day and Anastasiia Kozlova Oct 22 (Reuters) - Most container shipping lines should resume...

22nd October, 2026

Image for Norway wealth fund slightly cautious on equities, tech companies
Finance

Norway wealth fund slightly cautious on equities, tech companies

By Gwladys Fouche and Terje Solsvik OSLO, Oct 22 (Reuters) - Norway's $2.3 trillion sovereign wealth...

22nd October, 2026

Image for Barclays to cut 5,000 jobs this year
Finance

Barclays to cut 5,000 jobs this year

LONDON, Oct 22 (Reuters) - Barclays said on Thursday it was cutting around 5,000 jobs, or 5% of its...

22nd October, 2026

Image for Samsung Electro-Mechanics gets $2.8 billion chip investment from Tesla, Nvidia, report says
Finance

Samsung Electro-Mechanics gets $2.8 billion chip investment from Tesla, Nvidia, report says

SEOUL, Oct 22 (Reuters) - South Korea's Samsung Electro-Mechanics will receive investment valued at...

22nd October, 2026

Image for Hermes ramped up security after French unrest, CFO says
Finance

Hermes ramped up security after French unrest, CFO says

PARIS, Oct 22 (Reuters) - Birkin-maker Hermes has increased security measures at its French stores f...

22nd October, 2026

Image for Rentokil announces $200 million buyback; quarterly revenue rises on improving North America business
Finance

Rentokil announces $200 million buyback; quarterly revenue rises on improving North America business

Oct 22 (Reuters) - British pest control firm Rentokil Initial announced a $200 million share buyback...

22nd October, 2026

Image for Auto distributor Inchcape cuts margin forecast on Australia woes, shares tumble
Finance

Auto distributor Inchcape cuts margin forecast on Australia woes, shares tumble

Oct 22 (Reuters) - British auto distributor Inchcape cut its annual adjusted operating margin foreca...

22nd October, 2026

Image for Pirelli, Balkrishna strike India tyre production deal
Finance

Pirelli, Balkrishna strike India tyre production deal

Oct 22 (Reuters) - Italian and Indian tyre makers Pirelli and Balkrishna Industries (BKT) announced...

22nd October, 2026

Image for Surging sterling shakes off Britain's budget blues: Mike Dolan
Finance

Surging sterling shakes off Britain's budget blues: Mike Dolan

By Mike Dolan LONDON, Oct 22 (Reuters) - Sterling is roaring into next week's UK budget, marking a d...

22nd October, 2026

Image for UBS acquires 4.8% stake in Indian wealth manager 360 One Wam
Finance

UBS acquires 4.8% stake in Indian wealth manager 360 One Wam

Oct 22 (Reuters) - UBS has acquired an approximately 4.8% stake in India's 360 One Wam after convert...

22nd October, 2026