Business News
(Reuters) – Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply of electricity and the sale of cooking oil. U.S. authorities have accused Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay … Read more
da-kuk/E+ via Getty Images London (UKX) +0.21% aiming for a second day of gains, supported by positive momentum. Germany (DAX:IND) +0.63% following two straight sessions of losses, and tracking a positive mood in Europe. France (CAC:IND) +0.61% recovering from the previous session’s dip. Spain’s prelim inflation reading rises to four-month high of
LONDON – Orbit Group Limited, a prominent housing association, has reported a stable financial performance for the first half of its fiscal year, ending September 30, 2024. The company saw its group turnover increase to £196.0 million from £189.2 million in the prior year’s corresponding period. Operating surplus, including the sale of fixed assets, reached … Read more
Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. France’s borrowing costs briefly rose above those of Greece on Thursday, amid concerns that a dispute over a belt-tightening budget could topple Prime Minister Michel Barnier’s government. French 10-year bond yields, which move inversely to … Read more
In 2015, when Walmart CEO Doug McMillon was under pressure to help the discount retailer keep up with Amazon amid a period of stagnation, he made the bold decision to invest billions of dollars in raises to motivate store workers to offer better service and overhaul Walmart’s in-store tech. Wall Street’s response? A selloff that … Read more
The government is set to formally launch the Prime Minister Internship Scheme on December 2, kicking off one of its most ambitious announcements in the Union Budget 2024-25 and formal letters of internship will be handed over to candidates. As part of the pilot run that aims to place 125,000 candidates with top Indian companies, … Read more
U.S. Farmers Are Struggling. They Will Lose More in a Trade War, This Ag Expert Says.
CGinspiration/E+ via Getty Images Spain’s annual inflation rate rose to a four-month high of 2.4% in November 2024, up from 1.8% in October, aligning with market expectations, preliminary estimates showed. This was mainly due to the increase in electricity and fuel prices, compared to the drop in November last year. On a monthly basis, consumer … Read more
Investing.com — European stock markets are set to open higher Thursday, showing signs of recovery after a lackluster session the day before. At 3:04 ET (8:04 GMT) Germany’s climbed 0.6%, France’s gained 0.3%, and the UK’s edged up 0.2%. Remy Cointreau grapples with falling demand French spirits maker Remy Cointreau (EPA:) reported a 12.9% drop … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will be invited to meet EU leaders to discuss European security as Brussels seeks closer ties with the UK, in a significant post-Brexit move. The British prime minister will be asked to … Read more