By Gianluca Semeraro MILAN (Reuters) -Leading Italian insurer Generali on Thursday confirmed all targets in its business plan to 2024 after upbeat nine-month results, adding it was able to generate 1 billion euros per year of cash for any potential M&A…
Finance should be excluded from sustainability law, says some EU states
By Huw Jones LONDON (Reuters) – A European Union draft law forcing large companies to check if their suppliers use slave or child labour is facing calls from several member states to shield or even fully exclude the financial sector, EU documents seen …
Dollar on track for biggest plunge since 2015 as investors exit crowded positions
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are stampeding away from the dollar, as softer-than-expected U.S. consumer price data raises hopes that the Federal Reserve may need to tighten monetary policy less than expected in its fight against …
U.S., EU plan AI roadmap at next trade, technology council meeting on Dec. 5
WASHINGTON (Reuters) – The United States and European Union plan to release a new artificial intelligence roadmap that prioritizes security and risk management at the next meeting of a joint trade and technology council, a senior U.S. official said on …
Bulb’s administrators incurred $32 million costs, London court hears
By Sam Tobin LONDON (Reuters) – Collapsed British energy supplier Bulb’s administrators have incurred more than 28 million pounds ($31.9 million) in costs which have been agreed by the British government’s business department, a London court heard on T…
Chilean authorities find body of missing British astronomer
SANTIAGO (Reuters) – Chilean authorities on Thursday said they found the body of a British astronomer who went missing in mid-September at an observatory in the north of the country, where he had arrived for a scientific research visit. Authorities con…
Hurricane Nicole weakens to tropical storm after making landfall in Florida
By Brian Ellsworth MIAMI (Reuters) – Hurricane Nicole weakened into a tropical storm on Thursday shortly after making landfall on Florida’s east coast, barreling ashore with a brew of heavy downpours and fierce winds. Some 345,000 homes and businesses …
Sterling set for biggest daily gain since 2017 after U.S. CPI
By Joice Alves LONDON (Reuters) -Sterling was set for its biggest daily gain since January 2017 against a weakening U.S. dollar on Thursday after U.S. consumer prices rose less than expected, opening the way for the Federal Reserve to slow the pace of …
Power cuts another worry for Ukraine’s critically ill
By Margaryta Chornokondratenko OBUKHIV, Ukraine (Reuters) – Each time Ukrainian pensioner Halyna Halytska prepares for her hospital treatment, she is preoccupied with a single thought: Will there be enough power and water to see her through? Outages, c…
ASML launches 12 billion euro buyback, upgrades 2025 forecast
AMSTERDAM (Reuters) -ASML Holding NV, a key supplier of equipment to computer chip manufacturers, on Wednesday said it would launch a 12 billion euro ($12.2 billion) share buyback programme to run through 2025. In an announcement ahead of an investors’…