Consumer health giant Haleon sees higher revenue in 2024
(Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected higher revenue in 2024, thanks to firm demand for it..
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France backs global minimum tax on billionaires at G20
PARIS (Reuters) – France wants a new push for a global minimum tax on the super-rich, building on the success of a 15% minimum o..
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Oil settles lower as Fed takes stock before cutting rates
HOUSTON (Reuters) -Oil prices settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting U.S. ..
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Stocks slip, dollar rises ahead of US inflation data
NEW YORK (Reuters) -A global equities index fell slightly on Wednesday while Treasury yields edged down and the dollar rose against ..
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Russia diamond producer Alrosa’s annual net profit drops 15.2%
MOSCOW (Reuters) -Russia’s sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18 billion roubles..
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Record year for wind farms raises hope for EU green energy goals
BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have raised hopes that..
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Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion
By Paolo Laudani and Paul Sandle LONDON (Reuters) -Swisscom said on Wednesday it was in exclusive talks to buy all of Vodafone Italia..
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Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels
MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net profit rose 81% in 2023 to a record 1.63 billion euro..
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Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year afte..
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Siblings help China’s BYD grab early lead in Thai EV market
BANGKOK (Reuters) – After launching BYD in Thailand as the Chinese electric vehicle maker’s sole national distributor a li..
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Qatar to invest 10 billion euros in key sectors of French economy -Elysee
PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros ..
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VIPRE Security Group’s annual email threat landscape research shines light on the advanced methods needed to secure corporate email environment in 2024
Analysis of over 7 billion emails shows clean links are duping users, malicious EML attachments increased 10-fold in Q4, AgentTesla m..
Technology
Norwegian Cruise forecasts upbeat first-quarter profit on robust demand
(Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and steady..
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Puma aims to boost its brand in ‘challenging’ market
(Reuters) – Puma expects a weak first half of the year in a challenging market, the German sportswear brand said on Tuesday, but..
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The apprentice star, Tim Campbell, YourGamePlan and Matrix today launch National Interview Week with partners across UK industry
National Interview Week (NIW) launches this week, a pioneering education and early career initiative that’s seen many of t..
Business
London stocks gain on miners, earnings boost
(Reuters) – UK shares edged up in early trade on Tuesday boosted by the gains in mining stocks and some upbeat earnings updates,..
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German consumer sentiment stabilizes at low level in March, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with ..
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Dental implants maker Straumann sees steady sales growth in 2024
(Reuters) – Swiss dental implant maker Straumann on Tuesday forecast 2024 sales growth at a similar level to last year’s, ..
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European private credit rebounds to levels last seen in mid-2022, says Deloitte
By Naomi Rovnick LONDON (Reuters) – European private lending activity has rebounded to levels last seen in mid-2022, new data f..
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Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record
LONDON (Reuters) – Euro zone bonds are trading more in sync with their U.S. peers than ever before, as investors ignore the slow..
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Travtech triumphs in 2024: winning and impressing customers
By Caroline Wren, MD, MTM Listen in on any consumer conversation about travel and it will inevitably touch on Airbnb at s..
Business
Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger
KUALA LUMPUR (Reuters) – The parent company of Malaysian budget airline AirAsia, Capital A Berhad <CAPI.KL>, is looking to..
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Renault unveils new R5 as it taps past success for electric future
By Gilles Guillaume GENEVA (Reuters) – Renault unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Sh..
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EU carbon border tax will do little to cut emissions, ADB study says
By David Stanway SINGAPORE (Reuters) -A European Union plan to impose tariffs on high-carbon imports could hurt developing countries ..
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Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut..
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Marketmind: Markets brace for inflation trifecta
A look at the day ahead in European and global markets from Wayne Cole It’s all about inflation this week with markets pricing ..
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UK job vacancies fall 15% year-on-year in January, Adzuna data shows
LONDON (Reuters) – British employers advertised the fewest jobs in nearly three years last month, with numbers down 15% from a ..
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Infineon bets on AI boom to spur more lucrative chip sales
FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artificial intelligence (AI) to generate billions in rev..
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ABB picks electrification chief Wierod as CEO
ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacing Bjorn Rosengren who led an overhaul of the Swis..
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Stocks bask in tech mania, Nvidia boom
SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s stunning results..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as pr..
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Allianz nearly doubles Q4 net profit, helped by health and life business
FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in j..
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BASF dials up cost cuts in Germany, flags earnings rebound
By Ludwig Burger FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its L..
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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were..
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons ..
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As Nikkei eclipses 34-year record, derivatives signal stall ahead
TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak and investors grow confident of future gains, flows..
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TotalEnergies Texas refinery running at minimal rates, say sources
HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Port Arthur, Texas, is operating at minimal productio..
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