BT to cut up to 55,000 jobs by 2030 as fibre and AI arrive
By Paul Sandle LONDON (Reuters) -BT Group, Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including…
Business
BoE’s Ramsden says pace of quantitative tightening could rise
By David Milliken LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden said on Thursday that the rate at which…
Italian Design Brands shares rise on first day of trading
MILAN (Reuters) – Shares in Italy’s Italian Design Brands (IDB), a hub of Italian furniture and lighting companies, jumped more…
WestJet pay debate sets scene for Air Canada’s pilots
By Allison Lampert MONTREAL (Reuters) – A faceoff this week between WestJet Airlines and its pilots over pay could set…
‘Soft landing’ narrative takes shape in post-pandemic US economy
By Howard Schneider AMELIA ISLAND, Florida (Reuters) – The pummeling taken by bank bond portfolios during more than a year…
Marketmind: US debt ceiling drama aside, world economy looks shaky
A look at the day ahead in U.S. and global markets from Naomi Rovnick Risk appetite has perked up on…
Russia’s Sberbank reports record Q1 profit, raises forecasts
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Russia’s largest lender Sberbank on Thursday reported record first-quarter net profit of…
Syngenta shifts $9.4 billion Shanghai IPO application to main board
By John Revill and Julie Zhu ZURICH/HONG KONG (Reuters) -Swiss agrichemicals and seeds group Syngenta has withdrawn its application to…
German carmakers call for post-Brexit rules to be postponed
BERLIN (Reuters) – Germany’s powerful auto industry association is urging the European Union and Britain to postpone post-Brexit rules it…
Fewer UK firms expect to raise prices over the next month, ONS says
LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price…