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Image for UK's FTSE 100 muted as GSK, Unilever losses temper bank gains after budget
Finance

UK's FTSE 100 muted as GSK, Unilever losses temper bank gains after budget

By Darshan Kumar R Oct 28 - UK shares closed subdued on Wednesday, as gains in banks after a lower-t...

28th October, 2026

Image for CVC, Cinven, Puig eye luxury fragrance maker Parfums de Marly, sources say
Finance

CVC, Cinven, Puig eye luxury fragrance maker Parfums de Marly, sources say

Oct 28 (Reuters) - Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty c...

28th October, 2026

Image for GE Vernova boosts grid push with $9 billion Trench deal, lifts revenue forecast
Finance

GE Vernova boosts grid push with $9 billion Trench deal, lifts revenue forecast

By Sumit Saha Oct 28 (Reuters) - GE Vernova said on Wednesday it will buy high-voltage grid equipmen...

28th October, 2026

Image for Hungary carries out dawn raids over COVID-era purchase of 17,000 ventilators
Headlines

Hungary carries out dawn raids over COVID-era purchase of 17,000 ventilators

BUDAPEST, Oct 28 (Reuters) - Hungary's tax authority has raided several locations and made arrests i...

28th October, 2026

Image for Thyssenkrupp prepares steel division for spin-off, CEO says
Finance

Thyssenkrupp prepares steel division for spin-off, CEO says

FRANKFURT, Oct 28 (Reuters) - Thyssenkrupp is currently preparing its steel division as the next can...

28th October, 2026

Image for Norway wealth fund's ethic watchdog chief threatens to resign
Finance

Norway wealth fund's ethic watchdog chief threatens to resign

OSLO, Oct 28 (Reuters) - The leader of the Norwegian sovereign wealth fund's independent ethics coun...

28th October, 2026

Image for UniCredit says Chairman Padoan to step down at end of term
Finance

UniCredit says Chairman Padoan to step down at end of term

MILAN, October 28 (Reuters) - Italy's second-biggest UniCredit said on Wednesday that Chairman Pier...

28th October, 2026

Image for Sterling inches lower ahead of highly anticipated UK budget
Finance

Sterling inches lower ahead of highly anticipated UK budget

Oct 28 (Reuters) - Sterling dipped against the euro and the dollar on Wednesday ahead of a highly an...

28th October, 2026

Image for Merz invites Japan to back trade alliance as China asks Germany to be 'rational'
Finance

Merz invites Japan to back trade alliance as China asks Germany to be 'rational'

By Andreas Rinke TOKYO, Oct 28 (Reuters) - German Chancellor Friedrich Merz on Wednesday urged Japan...

28th October, 2026

Image for Volkswagen plant's new recycling hub does little to ease closure fears
Finance

Volkswagen plant's new recycling hub does little to ease closure fears

By Rachel More ZWICKAU, Germany, Oct 28 (Reuters) - Volkswagen's all-electric car plant in Zwickau u...

28th October, 2026

Image for European sovereign AI, cloud not yet ready for major banks, Temenos CEO says
Finance

European sovereign AI, cloud not yet ready for major banks, Temenos CEO says

Oct 28 (Reuters) - Swiss banking software firm Temenos' CEO Takis Spiliopoulos said sovereign AI and...

28th October, 2026

Image for Chip tool maker ASM expects to exceed 2027 sales goal on strong AI demand, CEO says
Finance

Chip tool maker ASM expects to exceed 2027 sales goal on strong AI demand, CEO says

By Nathan Vifflin Oct 28 (Reuters) - ASM International will beat its 2027 sales forecast as unpreced...

28th October, 2026