'Challenging' year for Ikea, 10,000 layoffs in Russia
Swedish furniture giant Ikea posted a six percent rise in full-year sales on Thursday, in what it described as a "challenging" year due to inflation and scaling back in Russia.
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Italy parliament in rocky step towards new government
Italy's parliament met for the first time Thursday since the far-right won elections last month, a rocky first step in the process of forming a government, with tensions running high.
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Weak pound is major draw at London's Frieze art fair
As the global art world descends on London's Frieze fair this week, the current low value of the UK pound makes buying art in Britain particularly attractive for overseas collectors and dealers.
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India's Infosys plans $1 bn buyback on strong profits
Indian outsourcing behemoth Infosys approved a $1 billion share buyback on Thursday after strong quarterly profits that reflected sustained demand for digital services.
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'Shelf-life of a lettuce': Truss's nightmare on Downing Street
British Prime Minister Liz Truss has had the shortest of political honeymoons since taking over from Boris Johnson.
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UK PM faces fresh political woes after difficult MPs meeting
Embattled British Prime Minister Liz Truss faced fresh woes on Thursday after a prominent Conservative party insider said some of her own MPs were considering a push to replace her with two former rivals.
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Europe heading for warmer-than-average winter: forecaster
Europe faces a higher-than-usual chance of a cold blast of weather before the end of the year, but the winter overall is likely to be warmer than average, the continent's long-range weather forecaster said Thursday.
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France orders more strikers back to work as fuel shortages bite
The French government on Thursday ordered more striking workers back to a fuel depot in northern France after talks to end a three-week strike stalled, saying petrol shortages were taking too big a toll on the economy.
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Paris Sacre-Coeur granted historic status despite bloody history
The Sacre-Coeur basilica atop the hill of Montmartre in Paris will finally be classified as a protected historical monument, ending a long dispute embedded in the city's bloody revolutionary history.
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Stocks diverge before key US inflation data
Equities mostly rose in Europe but fell in Asia Thursday, before US inflation data that could determine the pace of Federal Reserve interest rate hikes.
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