By Prerna Bedi (Reuters) -British recruiters warned of tough hiring market conditions in the near-term as workers avoid switching jobs and employers take longer to fill vacant positions due to economic and political uncertainties exacerbated by elections in Britain and France. Robert Walters on Monday joined bigger peers PageGroup and Hays in reporting a fall …
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(Reuters) – Carrefour said on Monday it had entered into a partnership with French renewable energy company GreenYellow for the installation and operation of solar panels in the car parks of around 350 of its hypermarkets and supermarkets in France. Under the agreement, GreenYellow will finance the photovoltaic production equipment that are expected to generate …
Carrefour partners with GreenYellow to install solar panels at its French stores Read More »
By Anastasiia Kozlova (Reuters) -BayWa shares fell by as much as 35% on Monday after the diversified German trading group commissioned an external inquiry into whether it can restructure its finances. The shares were down 34.9% at 0739 GMT, on course for their worst day yet. They also hit the bottom of the German small-caps …
Agricultural trader BayWa’s stock dives on ‘tense financing situation’ Read More »
By Sudip Kar-Gupta PARIS (Reuters) – France’s public finances and its rising deficit are worrying and leave the country “dangerously exposed” in the event of a new, macroeconomic shock, the national public audit office said on Monday. The audit office, known as the Cour des Comptes, reiterated it was vital for France, the euro zone’s …
France ‘dangerously exposed’ in case of economic shock, national audit office says Read More »
(Reuters) – British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year. He will become Burberry’s fourth CEO in 10 years, replacing Jonathan Akeroyd who was axed after two years in the role. Schulman starts his new job on Wednesday, …
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(Reuters) – British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year. He will become Burberry’s fourth CEO in 10 years, replacing Jonathan Akeroyd who was axed after two years in the role. Schulman starts his new job on Wednesday, …
Factbox-Who is Burberry’s new CEO and luxury veteran Joshua Schulman? Read More »
By Anna Tong and Katie Paul -ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project code-named “Strawberry,” according to a person familiar with the matter and internal documentation reviewed by Reuters. The project, details of which have not been previously reported, comes as the Microsoft-backed startup races …
OpenAI working on new reasoning technology under code name ‘Strawberry’ Read More »
ZURICH (Reuters) – Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leading up the bank’s demise, a Swiss newspaper reported on Sunday. Citing sources inside the parliamentary committee drawing up the so-called PUK report, SonntagsZeitung said financial market …
Swiss authorities draw flak in Credit Suisse probe, report says Read More »
By Chandni Shah and Devika Madhusudhanan Nair (Reuters) -Boeing has started certification flight testing of its long-delayed 777-9 with U.S. aviation regulators onboard, the U.S. planemaker said in an emailed statement. The company said it conducted its first flight on Friday night after receiving Type Inspection Authorization (TIA). The development is a boost for Boeing, …
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MOSCOW (Reuters) – The Russian government on Saturday lowered a mandatory foreign currency sales requirement on major exporters from 60% to 40%, it said in a statement published on the Telegram messaging app. “The decision was made taking into account the stabilisation of the national currency exchange rate and the achievement of a sufficient level …
Russia lowers mandatory FX sales for exporters from 60% to 40% Read More »
