AMSTERDAM (Reuters) -Online meal ordering and delivery company Just Eat Takeaway NV on Thursday announced a reorganisation of its customer service operations, which a spokesperson said could lead to 170 job losses globally. The company said in a statement it would close a customer service centre in Borehamwood, England and employees would be offered a …
Just Eat Takeaway to reorganise in Britain, cut 170 jobs globally Read More »
By Shashwat Chauhan and Shristi Achar A (Reuters) -London’s blue-chip FTSE 100 index was subdued on Thursday as gains in miners were offset by losses in shares trading ex-dividend, while bootmaker Dr. Martens tumbled to the bottom of midcap index after warning of a sharp hit to profit margins. The FTSE 100 ended flat, while …
FTSE 100 ends flat as ex-dividend trades weigh; Dr. Martens slumps on margin warning Read More »
By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed at a fresh three-month high on Thursday led by gains in real estate stocks after minutes from the Federal Reserve’s November meeting signalled a slowdown in the pace of interest rate hikes. The pan-European STOXX 600 index rose 0.5% to its strongest level …
Real estate stocks power Europe’s STOXX 600 to fresh three-month high Read More »
LONDON (Reuters) -British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to 4,279 pounds ($5,172) a year from January to the end of March 2023. Households, however, will not pay this amount as Ofgem’s price cap has been superseded by a government-backed price guarantee set at …
UK’s Ofgem says energy bills would hit nearly $5,200 without help Read More »
STOCKHOLM (Reuters) -Sweden’s central bank raised its key rate by three-quarters of a percentage point on Thursday to 2.5% and signalled it would tighten policy further next year to fight surging inflation. At the most recent meeting in September, the Riksbank outlined a 50 basis points hike in November and a further tightening of monetary …
Swedish central bank raises policy rate to 2.5%, will keep hiking Read More »
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher reported resilient trading in its third quarter, boosted by strong demand for energy efficient products as consumers seek savings in their energy bills to help navigate a cost-of-living crisis. The group, which owns B&Q and Screwfix in Britain and Castorama and Brico Depot in France …
DIY retailer Kingfisher boosted by demand for energy efficient products Read More »
PARIS (Reuters) – French company Derichebourg said on Thursday that it had no plans to make a takeover bid for catering services company Elior, although it was in talks with Elior over the firm’s “multiservices” business division. Elior’s shares surged by around 7% on Thursday after Bloomberg News reported late on Wednesday that Elior was …
Derichebourg: no plans for takeover bid for catering firm Elior Read More »
MILAN (Reuters) – Italy’s government is studying the possibility of selling the majority of ITA Airways to a consortium that could include Germany’s Lufthansa and state-owned railways group Ferrovie dello Stato (FS), the Corriere della Sera newspaper reported. Citing government sources, the paper said the government could sell 51% of ITA, the successor to Alitalia, …
Italy could sell majority of ITA to Lufthansa-FS consortium -paper Read More »
PARIS (Reuters) – French office services and call centre company Teleperformance, which has come under pressure in Colombia over its employee relations, on Thursday said it had begun talks with the UNI Global Union. “Both parties are currently working diligently with the aim to come rapidly to a global mutual agreement on labour rights,” a …
France’s Teleperformance in workers’ rights talks with union Read More »
(Reuters) – British bootmaker Dr. Martens on Thursday warned that its annual core profit margin would be lower than last year because of weaker-than-expected demand ahead of the busy Christmas season, increased investments, and a strong dollar. Shares of the company fell about 18% in early trade. Inflation in Britain last month touched a 41-year-high, …
Bootmaker Dr. Martens warns on margins as demand slows Read More »
