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Exclusive-SAP to offer concessions to settle EU antitrust probe, stave off fine, sources say
By Foo Yun Chee BRUSSELS (Reuters) -SAP, Europe's largest software maker, is set to make a formal offer of concessions shortly to settle an EU antitrust investigation and stave off a possible hefty fi...
Thomson Reuters 36m ago
Brazil's trade surplus boosted in October by exports of key commodities
BRASILIA (Reuters) -Brazil's trade surplus jumped 70.2% in October from the same month last year, official data showed on Thursday, beating economists' estimates. Latin America's largest economy poste...
Thomson Reuters 48m ago
Heineken opens new $462 million plant in Brazil to boost premium beer
SAO PAULO (Reuters) -Dutch brewer Heineken on Thursday opened a new brewery in the Brazilian state of Minas Gerais, in one of the largest investments from the beverage sector in the country, as the fa...
Thomson Reuters 1h ago
Novo Nordisk expects global sales to decline by low single digits in 2026
(Reuters) -Novo Nordisk expects global sales to decline by low-single-digit percentage in 2026 after the drugmaker unveiled a deal on Thursday to slash prices of popular GLP-1 weightloss drugs for U.S...
Thomson Reuters 1h ago
Ontario, hit by US tariffs, cuts deficit forecast and pledges support for businesses
By Fergal Smith TORONTO (Reuters) -Ontario, whose manufacturing-linked economy has been badly hurt by trade uncertainty, forecast a slightly narrower fiscal deficit than previously expected and said i...
Thomson Reuters 1h ago
Fed's Miran says he expects rate cut in December
(Reuters) -Federal Reserve Governor Stephen Miran says he expects the U.S. central bank to cut interest rates in December, despite the number of non-voting policymakers who may not want to. "I expect ...
Thomson Reuters 1h ago
Goldman promotes 638 to managing directors, highest since 2021
By Saeed Azhar NEW YORK (Reuters) -Wall Street lender Goldman Sachs will promote 638 executives to managing directors next year, the highest since 2021, a company memo said, as the bank benefits from ...
Thomson Reuters 1h ago
Ripple says 'skinny' Fed master account is attractive despite limitations
By Hannah Lang (Reuters) -Crypto giant Ripple supports the idea of a "skinny" Federal Reserve payments account for non-banks, which could still be a game changer while addressing banks' concerns over ...
Thomson Reuters 1h ago
Frenchman finds $800,000 in gold bars and coins in his garden
PARIS (Reuters) -A man has discovered around 700,000 euros ($800,000) worth of gold bars and coins while digging a swimming pool in his garden in France, local authorities said on Thursday. The man, w...
Thomson Reuters 2h ago
Bank of Canada says it will be reducing its workforce by 230 jobs
OTTAWA (Reuters) -Bank of Canada's Senior Deputy Governor said on Thursday that the central bank will be reducing its workforce by around 230 people as part of a drive to reduce expenses. "We will be ...
Thomson Reuters 2h ago
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