London, November 12, 2025 — The UK’s FTSE 100 index edged slightly lower on Wednesday, retreating from record highs after two consecutive sessions of gains. Losses in industrial and energy shares dragged the blue-chip index down, even as optimism around a potential U.S. government shutdown resolution buoyed broader market sentiment. As of 12:14 GMT, the

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Mumbai, India – November 12, 2025 — Tata Steel Ltd (TISC.NS), India’s second-largest steel producer by market capitalization, announced a massive fourfold increase in quarterly profit for the quarter ended September 30, 2025. The sharp rise was driven by strong demand in key markets, robust domestic consumption, and lower tax expenses, helping offset the challenges

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German pharmaceutical and crop science giant Bayer AG announced on Wednesday that it expects higher one-off costs in 2025 due to ongoing litigation provisions and executive buyouts as part of its global restructuring efforts. The company’s revised outlook underscores the continued financial impact of product liability lawsuits and strategic cost-cutting measures. Rising Litigation Costs Weigh

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The British pound slipped for a second consecutive day on Wednesday, fueled by a combination of soft labour market data and growing political uncertainty surrounding Prime Minister Keir Starmer. Reports in UK media indicated that Starmer may be facing potential leadership challenges, adding to market volatility and weighing on sterling. Political Concerns Weigh on Sterling

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The risk of rising inflation in the Euro zone may be more pronounced than previously expected, according to Isabel Schnabel, a member of the European Central Bank (ECB) board. Speaking on Wednesday, Schnabel emphasized that while Euro zone inflation is unlikely to fall significantly below target, there are several upside risks that could push prices

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French rail manufacturer Alstom SA announced on Wednesday that it has signed a 6.9 billion zloty ($1.90 billion) contract with PKP Intercity, Poland’s national rail operator, marking a significant expansion of Alstom’s presence in Central Europe. The deal will see Alstom deliver 42 Coradia Max trains, complete with 30 years of maintenance, with an option

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Porsche SE, the top shareholder of luxury automaker Porsche AG, reported a significant decline in earnings during the first nine months of 2025, as the company grapples with challenges in its electric vehicle (EV) strategy and broader issues in the automotive sector. Adjusted profit after tax fell 36% to 1.6 billion euros ($1.87 billion) compared

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Polestar, the electric vehicle (EV) maker majority-owned by China’s Geely Holding, announced plans to conduct a reverse stock split as it seeks to maintain its Nasdaq listing despite mounting losses and ongoing market challenges. The company reported a third-quarter net loss of $365 million, up from a $323 million loss in the same period last

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Microsoft (MSFT) announced on Wednesday that it is expanding its quantum computing facility near Copenhagen, Denmark, by adding a second lab, marking the company’s largest quantum site globally. The expansion reflects Microsoft’s strategic commitment to advancing quantum computing technology and strengthening its presence in Europe. Quantum Computing: Revolutionizing Industries Quantum computing operates on qubits, which

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