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Dubai Airshow to showcase Western jet orders as China debuts competitor

14 Nov 2025

By Tim Hepher, Ahmed Elimam and Federico Maccioni DUBAI (Reuters) -Aircraft delays, China’s ambitions to dethrone Airbus and Boeing, and geopolitical tensions will vie for attention with new jet orders at next week’s Dubai Airshow. U.S. President Donald Trump’s tour of the Gulf in May, which included tens of billions of dollars of orders for …

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Cartier-owner Richemont shrugs off tariffs, high gold prices as China improves

14 Nov 2025

By John Revill and Tassilo Hummel ZURICH (Reuters) -Cartier-owner Richemont reported quarterly sales well ahead of market expectations on Friday, driven by improved demand in China and a robust North American market which helped it weather the hit from U.S. tariffs and high gold prices. Group sales grew 14% at constant exchange rates to 5.21 billion …

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Global investors pull back, cautious over tech valuations and US labour

14 Nov 2025

(Reuters) -Global equity fund inflows cooled significantly in the week to November 12 as worries about stretched technology valuations and signs of softening U.S. labour market conditions fuelled risk-off sentiment. According to LSEG Lipper data, global investors bought just $4.11 billion worth of equity funds during the week, a sharp reduction from $22.27 billion worth …

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UK’s Man Group to cut London jobs, move roles to Bulgaria, FT reports

14 Nov 2025

(Reuters) -Hedge fund Man Group plans to cut London-based jobs and move some roles to Bulgaria in a bid to improve performance, the Financial Times reported on Friday, citing people familiar with the matter. The UK-listed company has placed some middle office positions at risk of redundancy as it looks to bulk up presence in …

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Landsec CEO flags leasing slowdown ahead of UK budget

14 Nov 2025

By Raechel Thankam Job (Reuters) -British commercial property company Land Securities said on Friday that businesses were delaying leasing decisions ahead of the UK budget later this month, fearing potential property tax increases. Land Securities reported a drop in property valuations in the first half of its fiscal year, sending its shares down 4%. “We …

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Italy weighs one-off levy to bring private gold holdings into formal economy

14 Nov 2025

By Giuseppe Fonte and Giselda Vagnoni ROME (Reuters) -Italy is considering a one-off levy for households to declare gold held off the books, an amendment to the 2026 budget law showed, in a move that could potentially yield the state more than 2 billion euros ($2.3 billion). The proposal would allow individuals to pay a …

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ADNOC’s Covestro deal gets conditional European Commission greenlight

14 Nov 2025

BRUSSELS (Reuters) -Abu Dhabi state oil firm ADNOC has received the EU’s conditional greenlight for its 14.7 billion euro ($17 billion) bid for German chemicals company Covestro, the European Commission said on Friday. It said the approval is conditional upon full compliance with the commitments offered by the parties, including ADNOC’s proposed adaptation of its …

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Euro zone economy holds up, trade surplus surges on exports to US

14 Nov 2025

(Corrects first paragraph to say third quarter instead of second) FRANKFURT (Reuters) -The euro zone economy continued to expand at a modest but respectable pace in the third quarter while the trade surplus surged in September on healthy exports to the United States, data from Eurostat showed on Friday. The 20-nation currency bloc has proven …

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Germany scales back plans for new gas-power generation in decarbonisation compromise

14 Nov 2025

BERLIN (Reuters) -Germany has scaled back the amount of gas-fired power capacity it plans to develop to 10 gigawatts, about half the level planned at the start of the year, aiming to strike a balance between decarbonisation and backing up intermittent renewables.  The decision was reached by conservative Chancellor Friedrich Merz and his Social Democrat …

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Google offers EU to change adtech policy, no divestment

14 Nov 2025

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google has offered to make it easier for publishers and advertisers to use its online advertising technology, defying EU antitrust regulators’ call for it to sell part of the business to address conflicts of interest. Regulators on both sides of the Atlantic are targeting Google’s ownership of tools …

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