Europe Business

Gold rises 1% as virus jitters, lower yields lift demand

03/12 Gold prices rose nearly 1% on Friday as uncertainty sparked by the Omicron coronavirus variant and a dip in U.S. Treasury yields boosted the safe-haven metal's appeal.. . .  Full story

Credit Agricole Assurances to buy 49% of Edison's green business

03/12 Credit Agricole Assurances has agreed to buy a 49% stake in the renewables business of Italian energy group Edison in a deal valuing the unit at more than 2 billion euros ($2.3 billion).. . .  Full story

UK North Sea's oil and gas future darkens after Shell's Cambo exit

03/12 Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources. . .  Full story

DNB seeks to overturn Sbanken takeover ban

03/12 Norway's DNB, the country's largest bank, said on Friday it had lodged an appeal seeking to overturn a ban on its planned takeover of online rival Sbanken .. . .  Full story

EU gives first nod to disbursement of 10 bln euros to Spain under recovery plan

03/12 The European Commission said on Friday it had given preliminary approval to the disbursement of 10 billion euros ($11.3 billion) in grants to Spain under the EU recovery plan.. . .  Full story

Unicredit German unit to take significant portion of job cuts under new plan - source

03/12 UniCredit’s German arm is set to take a significant portion of the around 3,000 voluntary redundancies expected under the Italian bank’s new business plan, a person close to the matter said.. . .  Full story

Artificial heart maker Carmat suspends implants due to quality issue

03/12 French medical device company Carmat on Friday said it had suspended implants of its Aeson artificial hearts following a quality issue affecting some of its prostheses.. . .  Full story

In Europe, Omicron ruins Christmas party plans

03/12 Paris riverboat cruise company Seine-En-Bateau was braced for a bumper Christmas party season reminiscent of the world before COVID-19. But that was before the Omicron variant landed.. . .  Full story

Copper prices ease as dollar clings on to gains

03/12 Copper eased on Friday as the dollar firmed after some aspects of an underwhelming U.S. jobs report showed that the Federal Reserve's path to monetary policy tightening was still on course.. . .  Full story

European shares end bumpy week with losses

03/12 European shares fell on Friday, hitting session lows after a downturn in U.S. stocks on a tech slide and fears around the Omicron coronavirus variant hitting economic recovery.. . .  Full story

Don't be overly generous with bonuses, EU watchdog tells banks

03/12 Banks in the European Union have swelled their capital buffers and boosted profitability over the past year, but they must not be "overly generous" in paying bonuses and dividends given the risk of abrupt. . .  Full story

London's FTSE 100 down as miners weigh; Wickes group soars

03/12 London's FTSE 100 erased early gains to end lower on Friday as losses in miners eclipsed rise in energy stocks, while Wickes Group soared on an upbeat profit outlook.. . .  Full story

Moet Hennessy sees challenges in getting suppliers to adapt to new sustainability practices

03/12 Moet Hennessy is seeking to regenerate soils and stem the loss of biodiversity to play its part in the fight against climate change and is striving to convince suppliers to adopt new practices, the. . .  Full story

Negotiations on future of Volkswagen CEO could drag into next week - sources

03/12 A decision on the future of Volkswagen CEO Herbert Diess, previously expected by the end of the week, could be delayed further, three sources close to negotiations told Reuters on Friday, and discussions may drag. . .  Full story

Italian yields fall, German yields higher after Lagarde, U.S. jobs data

03/12 Southern European bond yields fell while German government debt yields rose on Friday as investors focused on central bank policy uncertainty and a jobs data miss in the United States.. . .  Full story

Nigeria's Bonga oil export terminal in maintenance until next week - Shell

03/12 Nigeria's Bonga crude oil export terminal is undergoing planned maintenance until next week, operator Shell said on Friday.. . .  Full story

Bulgaria reports bird flu outbreak at industrial farm

03/12 Bulgarian veterinary authorities will cull more than 80,000 chickens in the southern village of Tsalapitsa after a bird flu outbreak was confirmed at an industrial farm there, the food safety agency said on Friday.. . .  Full story

UK regulator to review power network response to Storm Arwen

03/12 Britain's energy regulator said on Friday it was launching a review into networks' response to Storm Arwen which left tens of thousands of people without power https://www.reuters.com/markets/commodities/storm-arwen-cuts-power-tens-thousands-britons-2021-11-27 last week due to strong winds across ma. . .  Full story

Zinc prices seen solid over European winter on likely smelter shutdowns

03/12 Zinc prices are due to remain firm over coming months on the potential for soaring power costs causing more disruptions at smelters, keeping supply and inventories tight.. . .  Full story

Swiss tighten COVID-19 curbs to tackle 'critical' situation

03/12 Switzerland announced stronger anti-Covid-19 measures on Friday, as its government battles to contain a surge in coronavirus infections and the arrival of the Omicron variant in the country.. . .  Full story

Lithuania says Chinese customs is blocking its exports

03/12 China has imposed a customs block on Lithuanian exports, a Lithuanian trade body said on Friday, amid a deepening spat between Beijing and Vilnius about the Baltic state's decision to allow Taiwan to open. . .  Full story

Spanish bank Unicaja to cut up to 1,513 jobs, union says

03/12 Spain's Unicaja has reached a pre-agreement with unions to cut up to 1,513 jobs, the bank's leading union Comisiones Obreras (CCOO) said on Friday.. . .  Full story

Greensill business model causes high level of harm, UK watchdog says

03/12 The business model used by collapsed supply chain financing firm Greensill Capital is causing a "high level of harm" and tighter rules are needed, Britain's Financial Conduct Authority said on Friday.. . .  Full story

France says UAE arms deal secures supply chain, jobs

03/12 A 17-billion-euro ($19.23 billion) French arms deal with the United Arab Emirates will secure the industrial supply chain for France's Rafale warplane for the next decade and directly support 7,000 domestic jobs, a. . .  Full story

Global tax deal leaves billion-dollar loopholes, Reuters analysis finds

03/12 Leaders of the world’s largest economies hailed a recent agreement to overhaul global corporate tax rules as key ensuring multinationals paid their fair share of tax.. . .  Full story

-Allianz to hike dividends by 5% each year from 2021

03/12 German financial services company Allianz said on Friday it would increase dividends by 5% each year from 2021 as it raised mid-term guidance, citing progress of its business simplification strategy.. . .  Full story

Euro zone retail sales up in October on non-food purchases

03/12 Euro zone retail sales rose in line with expectations in October as consumers spent more on non-food purchases, particularly online, data from Eurostat showed on Friday.. . .  Full story

Croatia's tourism sector short of one-third of workforce for next year

03/12 Croatia's tourist facilities face a shortage of up to one-third of their workforce next year, head of the national association of biggest tourist firms Veljko Ostojic said on Friday.. . .  Full story

Surging inflation pressure curbs growth in UK services firms: PMI

03/12 The strongest inflation pressures in at least 23 years crimped the recovery of British services companies from the COVID-19 pandemic in November and dented optimism for the coming year, a survey showed on Friday.. . .  Full story

Britain's Nationwide names TSB's Debbie Crosbie as next chief

03/12 Nationwide Building Society, Britain's second-biggest provider of home loans, said on Friday it has appointed Debbie Crosbie as its new chief executive.. . .  Full story

Italy statistics bureau hikes 2021, 2022 GDP growth forecasts on stronger domestic demand

03/12 The Italian economy will grow by 6.3% this year, national statistics bureau ISTAT said on Friday, revising up a previous projection of 4.7% made in June due to an acceleration of domestic demand and. . .  Full story

Euro zone November business growth acceleration may be temporary -PMI

03/12 Euro zone business activity accelerated last month but the bounce may be temporary as demand growth weakened and fears about the Omicron coronavirus variant put a dent in optimism, a survey showed on Friday.. . .  Full story

Swiss chocolate makers focus on incomes to end child labour

03/12 Swiss chocolate makers Barry Callebaut and Lindt & Spruengli said improving cocoa farmers' income was crucial to ending child labour in the cocoa supply chain.. . .  Full story

ECB's Knot: high inflation could warrant rate hike in 2023

03/12 If inflation continues to exceed expectations next year, the European Central Bank (ECB) could decide to raise interest rates in 2023, ECB policymaker Klaas Knot said in an interview published on Friday.. . .  Full story

German services firms post modest growth, Omicron clouds outlook - PMI

03/12 German services firms saw their business activity improve slightly in November, but a strong fourth wave of coronavirus infections and the new Omicron variant are clouding the outlook for Europe's largest economy, a survey showed. . .  Full story

French services grew at fastest rate in five months in November - PMI

03/12 Activity growth in France's dominant services sector reached a 5-month high in November, a survey showed on Friday, as businesses reported robust hiring and improving tourism trends.. . .  Full story

Italy services activity sees strong growth in November - PMI

03/12 Italy's services sector recorded buoyant growth in November, a survey showed on Friday, pointing to ongoing economic expansion even as rising COVID-19 infections cast doubts over the outlook.. . .  Full story

Entra buys Oslo Areal for $1.5 bln as Nordic real estate M&A continues

03/12 Norwegian real estate firm Entra said on Friday it had agreed to buy rival Oslo Areal for 13.55 billion Norwegian crowns ($1.48 billion), in the latest twist of consolidation in the Nordic real estate. . .  Full story

Spain's services activity picked up pace in Nov though new restrictions loom- PMI

03/12 Activity in Spain's services sector in November accelerated to its fastest pace in three months though renewed COVID-19 restrictions in other parts of Europe raised concerns for the future, a survey showed on Friday.. . .  Full story

UK Stocks-Factors to watch on Dec. 3

03/12 Britain's FTSE 100 index is seen opening higher on Friday with futures up 0.53%.. . .  Full story

Britain's Wickes raises profit guidance on resilient trading

03/12 British home improvement retailer Wickes raised its full-year profit guidance on Friday, saying it had continued to trade well in its fourth quarter so far.. . .  Full story

Russian services sector contracts at fastest pace in over a year in November-PMI

03/12 Russia's services sector suffered its strongest contraction in over a year in November as client demand declined at a sharper pace and new export orders stagnated, a business survey showed on Friday.. . .  Full story

Fairphone finds market for responsibly sourced mobiles

03/12 What began as an awareness campaign in 2010 has in just over a decade grown into Fairphone, which last year sold thousands of phones made from responsibly sourced and recycled materials.. . .  Full story

Japan's oil reserve release plan unchanged by price drop -industry minister

03/12 Japan's plan to release oil from strategic reserves in coordination with the United States and other consuming countries remains unchanged despite the recent drop in oil prices, industry minister Koichi Hagiuda said on Friday.. . .  Full story

COLUMN-Britain’s old housing stock emerges as key emissions problem: Kemp

03/12 Britain’s old and badly insulated housing stock is emerging as a major problem for government efforts to reduce greenhouse gas emissions.. . .  Full story

UK watchdog criticises lack of fraud checks on COVID loans

03/12 Britain's government failed to guard properly against fraud in its 47 billion-pound ($63 billion) COVID emergency lending programme for small businesses, opening itself up to billions of pounds of losses, a watchdog warned on Friday.. . .  Full story

U.S. FTC sues to block Nvidia deal to buy Arm

03/12 The U.S. Federal Trade Commission on Thursday sued to block U.S. chip company Nvidia Corp's more than $80 billion planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges of. . .  Full story

U.S. and Iran pessimistic about reviving nuclear deal

03/12 The United States and Iran both sounded pessimistic on Thursday about the chances of reviving the 2015 Iran nuclear deal, with Washington saying it had little cause for optimism and Tehran questioning the determination of. . .  Full story

Shell scraps plans to develop Cambo North Sea oilfield

03/12 Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists seeking to halt the development of. . .  Full story

Oil ends higher after a day of wild swings on OPEC, Omicron

02/12 Oil prices settled more than 1% higher on Thursday, after a see-saw session that saw benchmarks swing in a $5 range after OPEC+ surprised markets by sticking to its plans to boost output slowly.. . .  Full story

Allianz promises dividend increase of at least 5%

02/12 German insurer Allianz on Thursday announced plans to increase its dividend per share by at least 5% for fiscal year 2021 compared to the previous year.. . .  Full story

U.S., allies ratchet up the economic pressure against Belarus

02/12 The United States and its allies, including the European Union, on Thursday imposed sanctions against dozens of individuals and entities in Belarus in a coordinated move to escalate punitive action against President Alexander Lukashenko and. . .  Full story

KNDS readies 650 mln euro bid for Leonardo units - sources

02/12 KMW+Nexter Defence Systems (KNDS) is close to making a 650 million euro ($736 million) binding bid for Leonardo's OTO Melara and Wass units, three sources said on Thursday, in a move that could strengthen. . .  Full story

Gold slides over 1% on bets hawkish Fed tilt may stem inflation

02/12 Gold dropped over 1% to a one-month low on Thursday, as investors latched on to signs of a seemingly hawkish tilt in U.S. monetary policy that could rein in rising consumer prices in future.. . .  Full story

Brexit not a factor in U.S.-UK trade deal delay, U.S. official says

02/12 A U.S. administration official on Thursday said the country's failure to remove tariffs on UK steel and aluminum has no connection to concerns about post-Brexit trade rules affecting Northern Ireland, rejecting a recent report.. . .  Full story

PPF would welcome majority in MONETA but up to shareholders, CFO says

02/12 PPF, the Czech Republic's biggest investment group, would welcome majority control of domestic lender MONETA Money Bank, but is not seeking it "at all costs," its chief financial officer said on Thursday.. . .  Full story

EU countries struggle to unify response to energy price spike

02/12 France, Spain and several others stepped up calls to reform European Union's energy market rules to cope with high prices but faced a challenge from a rival group of states including Germany as energy. . .  Full story

EU imposes new sanctions on Belarus in coordination with U.S., Britain

02/12 The European Union imposed sanctions on state-owned Belarusian airline Belavia on Thursday, accusing the company of flying in migrants as a tactic to destabilise European states, in a new round of punitive measures coordinated with. . .  Full story

Russia's VK internet group sold to company linked to Putin ally

02/12 Russian billionaire Alisher Usmanov's holding company USM said on Thursday it had sold its stake in top Russian internet group VK to state-run insurer Sogaz, which is part-owned by a longtime ally of President Vladimir. . .  Full story

Glencore widens review of assets, eyes acquisitions

02/12 Miner and trader Glencore said on Thursday it was in the process of selling 10 more assets, putting another 15 under review and considering acquisitions as it moves to refocus its portfolio on what. . .  Full story

European stocks fall as Omicron worries rattle investors

02/12 European shares fell more than 1% on Thursday, as countries ramped up restrictions to curb the spread of the Omicron coronavirus variant, raising worries about hits to a nascent economic recovery.. . .  Full story

Copper rises as U.S. markets shrug off Omicron fears

02/12 Copper prices rose on Thursday as strong U.S. economic data and rising U.S. stock markets drew attention from concerns that the spread of the Omicron coronavirus variant could dampen demand.. . .  Full story

Rothermeres lift offer to take Daily Mail publisher private

02/12 The controlling shareholders of the Daily Mail publisher, the Rothermere family, have increased the cash component of their offer to buy out other shareholders to 270 pence per share, up 5.9% on their original. . .  Full story

German fireworks-makers say ban due to COVID is catastrophic for industry

02/12 Germany's decision to ban fireworks on New Year's Eve for the second year in a row to avoid crowds in the pandemic is "catastrophic" for manufacturers and means the loss of 3,000 jobs,. . .  Full story

Daimler supervisory board signs off 60 bln euro investment plan for Mercedes-Benz

02/12 Daimler's supervisory board signed off an investment plan worth over 60 billion euros ($67.88 billion) for Mercedes-Benz Cars & Vans between 2022 and 2026, the company said on Thursday.. . .  Full story

UK shares slide as inflation, Omicron risks grow

02/12 UK shares fell on Thursday as fears around the Omicron coronavirus variant grew with several countries reporting cases, while warnings about inflation from major central banks added to the downbeat mood.. . .  Full story

Portugal's government ups minimum pay by 6% before election

02/12 Portugal's minority Socialist government on Thursday approved a 40-euro ($45) increase in the monthly minimum wage to 705 euros for 2022, Labour Minister Ana Mendes Godinho said, the biggest rise ever as the country. . .  Full story

UK medium-term inflation gauge hits highest on record

02/12 A key measure of medium-term British inflation expectations in financial markets hit its highest since at least late 2013 on Thursday, potentially adding to worries at the Bank of England.. . .  Full story

Putin accuses management of falsifying data at Russian mine where 51 died

02/12 Russian President Vladimir Putin on Thursday accused management of falsifying methane data at a Siberian coal mine where an explosion killed 51 people last week.. . .  Full story

Blinken downbeat about nuclear talks as Iran floats proposals

02/12 The United States said on Thursday it had little cause for optimism about reviving the 2015 Iran nuclear deal and would know in a day or so if Iran would negotiate in good faith. . .  Full story

Notable quotes from the Reuters Next conference

02/12 Reuters Next is hosting three days of interviews, panels and presentations with 150+ global leaders discussing the biggest business, social and environmental challenges for the year ahead.. . .  Full story

Siemens CEO Roland Busch gets 6.94 mln euros for 2021

02/12 Siemens Chief Executive Roland Busch picked up 6.94 million euros ($7.86 million) in compensation for the 2021 business year, his first year leading the engineering and technology company, the group's annual report, published on Thursday,. . .  Full story

ExxonMobil's governance structure fails the energy transition -Engine No. 1

02/12 A failing governance structure propagated by a management without a strategy for the energy transition was behind Engine No. 1's quest to bring independence to ExxonMobil's board, Chris James, founder of the U.S. hedge fund. . .  Full story

EU demands Italy enforce penalties for diesel emissions cheating devices

02/12 The European Commission on Thursday called on Italy to enforce penalties on the use of banned devices to manipulate vehicle emissions, stepping up an infringement procedure against Rome opened in May 2017.. . .  Full story

Germany reports another African swine fever case in wild animal

02/12 A case of African swine fever (ASF) has been found in a wild boar in the eastern German state of Mecklenburg-Vorpommern, the agriculture ministry for the neighbouring state of Brandenburg said on Thursday. (Reporting by. . .  Full story

UK pharma services firm Clinigen gets possible takeover proposal

02/12 UK's Clinigen said on Thursday it received a possible takeover proposal from UK-based private equity firm Triton Investment Management, sending shares of the British pharmaceutical services firm soaring 15%.. . .  Full story

SoftBank and celebrities back funding for faith-based app

02/12 A Christian worship and meditation app, Glorify, raised $40 million from investors including SoftBank, venture capital firm Andreessen Horowitz and reality TV star Kris Jenner, the company said on Thursday.. . .  Full story

Thyssenkrupp restructure halfway complete, higher margins expected in 2022

02/12 Thyssenkrupp's radical restructuring involving a string of disposals and cost cuts is about halfway complete, with the group on track for higher sales and margins in coming years, its leadership team said on Thursday on. . .  Full story

Britain’s old housing stock emerges as key emissions problem: Kemp

02/12 Britain’s old and badly insulated housing stock is emerging as a major problem for government efforts to reduce greenhouse gas emissions.. . .  Full story

Siemens on track for long-range hydrogen-powered trains

02/12 Hydrogen-powered trains with ranges of up to 1,000 km are being trialled by Germany's Siemens which sees them as a emissions free solution on routes without overhead power cables.. . .  Full story

Overshadowed by Omicron, tech fest Slush draws smaller crowd

02/12 Finland's tech startup event Slush has attracted thousands but also suffered last-minute cancellations as top company bosses chose safety over meeting people, raising concerns physical conferences could soon be back on hold.. . .  Full story

UniCredit selecting servicer for 1 bln euro UTP loan portfolio-source

02/12 UniCredit is in the process of selecting a loan recovery firm to service a 1 billion euro ($1.1 billion) portfolio of so-called unlikely-to-pay (UTP) loans, a person close to the matter said.. . .  Full story

British asset manager abrdn buys interactive investor for $2 bln

02/12 Abrdn is to buy investment platform interactive investor for 1.49 billion pounds ($1.98 billion) in cash, as traditional asset managers seek to build up customers using online providers.. . .  Full story

N.Ireland protocol unlikely to be solved by year end, Coveney says

02/12 Irish Foreign Minister Simon Coveney said he did not expect Britain and the European Union to resolve all the issues around their Northern Irish trade dispute by the end of this year, but said. . .  Full story

Hammerson expects higher annual profit as shoppers spend more at malls

02/12 Britain's Hammerson forecast a jump in annual earnings on Thursday, as this year's economic reopening encourages shoppers to spend more during mall visits and business booms at its luxury outlets.. . .  Full story

Overreaction to inflation could threaten economic recovery's vigour, French minister says

02/12 An overreaction to the current high levels of inflation could threaten the vigour of Europe's economic recovery, French Finance Minister Bruno Le Maire said on Thursday, insisting the consumer price increase is transitory.. . .  Full story

Five countries including Spain and France asked EU for energy regulation change

02/12 A group of five countries including Spain and France, have asked the European Union to reform energy regulation to support consumers hit by soaring power prices, Spanish Economy Minister Nadia Calvino said on Thursday.. . .  Full story

Sweden finds bird flu on small poultry farm as virus spreads

02/12 A case of bird flu has been detected on a small, private farm with ducks and hens in southern Sweden, authorities said, after several recent outbreaks at poultry farms across Europe.. . .  Full story

Bank of Ireland fined 24.5 mln euros over IT failures

02/12 Ireland's central bank has fined Bank of Ireland 24.5 million euros ($27.8 million) over technology failures that the lender took more than a decade to fix.. . .  Full story

UK firms struggle to find staff, see higher inflation - BoE survey

02/12 British companies are struggling to find the staff they need and expect higher inflation in the year ahead, according to a survey published on Thursday by the Bank of England, which is weighing up. . .  Full story

U.S. junk bond funds see biggest outflows in 8 months in November

02/12 U.S. high-yield bond funds saw their biggest outflows in eight months in November, largely owing to the prospect of the Federal Reserve raising interest rates sooner than expected and, to some extent, the concerns. . .  Full story

Britain approves rules to help London catch up with New York in listings

02/12 Britain's markets watchdog said it will introduce new rules on Friday to boost London's role as a global centre for listing companies to help catch up with New York and meet increased competition from. . .  Full story

Sustainable investors look for profits in fuzzy data

02/12 Sustainability-focused investors believe a little effort can go a long way toward finding profitable opportunities buried in incomplete corporate environmental or social impact filings.. . .  Full story

Bulgaria's interim government aims for 2.9% fiscal deficit in 2022

02/12 Bulgaria's interim government plans to propose a 2022 budget draft targeting a fiscal deficit of 2.9% of economic output, the interim finance minister said on Thursday.. . .  Full story

Foreign tourism to Spain soars in October, still much lower than 2019

02/12 The number of foreign tourists coming to Spain jumped fivefold in October from the same month a year ago to 5.13 million as an easing of travel curbs encouraged more to visit, data showed. . .  Full story

World food prices climb in November, stay at 10-year peak -FAO

02/12 World food prices rose for a fourth straight month in November to remain at 10-year highs, led by strong demand for wheat and dairy products, the U.N. food agency said on Thursday.. . .  Full story

Investors scrutinise Elkem's plan to mine quartz on Sami reindeer pastures

02/12 Two shareholders in Norwegian silicon producer Elkem are pressing the company to respect the rights of indigenous Sami reindeer herders who object to plans for a quartz mine they say put their ancient culture at. . .  Full story

AJ Bell expects trading activity to stay normal

02/12 AJ Bell said on Thursday customer trading on its flagship platform would remain at normalised level after reporting higher annual earnings, helped by record customer additions as investment activity spiked during lockdowns.. . .  Full story

Italy Oct jobless rate rises to 9.4% as more people join labour market

02/12 Italy's unemployment rate rose unexpectedly to 9.4% in October from 9.2% in September, data showed on Thursday, due to more people looking for work as the economy recovers.. . .  Full story

Spain's joblessness falls back to pre-pandemic levels

02/12 The number of people registering as jobless in Spain fell 2.28% in November from October, or by 74,381 people, as unemployment reached pre-pandemic levels with 3.18 million people out of work, the Labour Ministry. . .  Full story

Aston Martin finance chief to leave for personal reasons

02/12 Aston Martin Chief Financial Officer Kenneth Gregor will step down due to personal reasons after about 18 months in the role, the luxury carmaker said on Thursday.. . .  Full story

UK's Serco flags lower 2022 earnings as COVID-19 services wind down

02/12 Serco Group Plc warned of lower revenue and profit in 2022 on Thursday, as the British outsourcer that supports the COVID-19 test-and-trace programme expects demand for pandemic services to fall next year.. . .  Full story

UK Stocks-Factors to watch on Dec. 2

02/12 Britain's FTSE 100 index is seen opening lower on Thursday with futures down 0.93%.. . .  Full story

ANALYSIS-A trillion-dollar wager that interest rates won't rise far

02/12 A build up of bets on rising interest rates has done nothing to derail a stock market rally based on conviction that policy tightening by the U.S. Federal Reserve and other central banks will. . .  Full story

Saving the dinosaurs: Startups drive to electrify fossil-fuel cars

02/12 You can save your prized Aston Martin DB6, Porsche 911 or Mustang from the museum of combustion engine history. Or your Fiat 500 and Renault Clio, for that matter. That's the message from a growing. . .  Full story