By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a co[...]
Read more
Europe
Paris air show takes off with historic plane order
By Tim Hepher, Allison Lampert and Valerie Insinna PARIS (Reuters) -Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for[...]
Read more
Oil falls on uncertainty about Chinese economic growth
By Nia Williams (Reuters) -Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in t[...]
Read more
Renault names Luca de Meo as new head of Ampere electric vehicle unit
PARIS (Reuters) – French carmaker Renault appointed on Monday its group chief executive Luca de Meo as the future chairman and CEO of Ampere, the electric vehicle division which Renault is aimin[...]
Read more
European shares slide, Germany’s DAX retreats from record high
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares fell on Monday, as investors awaited further stimulus measures from China to revive demand and eyed testimony from Federal Reser[...]
Read more
RTX: Pratt & Whitney engines unit to take $500 million free cashflow hit
PARIS (Reuters) – RTX expects to take a $500 million hit to free cash flow due to a supply chain problem with the GTF engine made by its Pratt & Whitney subsidiary, the company said during a[...]
Read more
Europe in danger of losing EV battery race – Court of Auditors
By Julia Payne BRUSSELS (Reuters) – Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along with rising costs and[...]
Read more
Dollar nudges up, sterling near 14-month highs ahead of BoE decision
By Iain Withers LONDON (Reuters) -The dollar edged higher and the UK pound was near a 14-month peak on Monday as investors digested a slew of monetary policy decisions by central banks last week and l[...]
Read more
Italy’s TIM leaning towards KKR for talks over grid sale, sources say
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over the sale of its prized landline grid, two sources said, as the U.S. fun[...]
Read more