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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 Audi gets new China leadership to face bruising competition
Finance

Audi gets new China leadership to face bruising competition

(Corrects Zhang's former role (CEO of Chery brand overseas, not group) BERLIN, Oct 22 (Reuters) - Vo...

22nd October, 2026

Image for Ofgem approves deal to maintain UK gas import capacity
Finance

Ofgem approves deal to maintain UK gas import capacity

LONDON, Oct 22 (Reuters) - UK energy market regulator Ofgem said on Thursday it has approved an agre...

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

Image for Analysis-How a merged SpaceX-Tesla might navigate its China problem
Finance

Analysis-How a merged SpaceX-Tesla might navigate its China problem

Oct 22 (Reuters) - Elon Musk’s potential mega-merger of Tesla and SpaceX would likely face a China-s...

22nd October, 2026

Image for Holiday Inn owner IHG beats revenue estimates on resilient US travellers
Finance

Holiday Inn owner IHG beats revenue estimates on resilient US travellers

By Simone Lobo and Yadarisa Shabong Oct 22 (Reuters) - Holiday Inn owner IHG beat quarterly room rev...

22nd October, 2026