PARIS (Reuters) -Expana has raised its monthly grain production forecast for European Union crops for the 2025/26 season, projecting soft wheat output will hit a record high and barley a 17-year high. In its latest cereal forecasts, Expana increased its estimate for EU soft wheat production this season by 0.3 million metric tons from last …
Expana lifts EU cereal forecasts, maize exceeds expectations Read More »
(Reuters) -PepsiCo on Thursday named Steve Schmitt as its new chief financial officer, effective November 10, replacing company veteran Jamie Caulfield. (Reporting by Juveria Tabassum in Bengaluru; Editing by Anil D’Silva)
AMSTERDAM (Reuters) -ASML, the largest maker of equipment used to manufacture computer chips, said on Thursday it had appointed Marco Pieters as chief technical officer, joining the company’s management board. Pieters, a 25-year veteran of the company, has held multiple positions in several of ASML’s product lines, including overseeing its “Holistic Lithography” programme. ASML’s lithography …
ASML appoints veteran Pieters as chief technology officer Read More »
LONDON (Reuters) -Britain on Thursday published a list of 82 mid-skilled jobs that could qualify for temporary work visas under a new migration scheme aimed at addressing labour shortages. Prime Minister Keir Starmer is trying to take a tougher line on immigration, with public concern rising over illegal boat crossings and his party trailing the …
Britain shortlists 82 jobs for temporary work visas to tackle labour gaps Read More »
LONDON (Reuters) -Bank of England interest rate-setter Catherine Mann said on Thursday that inflation expectations in Britain remain too high and interest rates should continue to bear down on price pressures. “It is perhaps counterintuitive that in order to create an environment conducive to growth, monetary policy must remain restrictive for longer,” Mann said in …
Bank of England’s Mann says ‘we’re not there yet’ on inflation expectations Read More »
By Alexander Marrow LONDON (Reuters) -Food group Nestle said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming. The Dairy Methane Action Alliance was launched in December 2023, with members, which include Danone, Kraft Heinz and Starbucks, committing to …
Nestle quits global alliance on reducing dairy methane emissions Read More »
ROME (Reuters) -Italy will refund its domestic banks for part of the IRAP regional corporate tax they have paid, following a European Union ruling, two government officials with knowledge of the matter said on Thursday. An EU ruling in August required Italy to partially reimburse banks for IRAP tax paid on dividends collected from foreign …
Italy to refund banks through extra borrowing, following EU ruling, sources say Read More »
(Reuters) -Upper Crust owner SSP Group said on Thursday it expects annual operating profit to be at the lower end of its previous forecast range, as a slowdown in passenger growth and weakness in Europe curbed growth. Although total sales rose 4% in the fourth quarter, helped by growth across North America, the UK and …
UK’s SSP sees profit at lower end of forecast as passenger growth slows Read More »
(Reuters) -Shares in Gerresheimer fell 12% on Thursday after the German packaging and medical equipment maker cut its 2025 guidance for the third time this year. Its shares were trading at 33 euros ($38.32) at 0746 GMT and at the bottom of the German midcap index. Gerresheimer’s profit warning, issued late on Wednesday, comes amid …
Gerresheimer’s shares fall 12% after it cuts guidance again Read More »
(Corrects October 3 story to drop OpenSea from list after data provider’s clarification) (Reuters) -ChatGPT-parent OpenAI reportedly reached a valuation of $500 billion earlier this week, cementing its place as the most valuable privately held company in the world, according to Crunchbase data. Another company potentially close to that valuation is crypto giant Tether. Bloomberg …
The world’s biggest privately held companies (October 3) Read More »
