SoftBank posts first profit in five quarters with $6.6 billion net income
SoftBank posts first profit in five quarters with $6.6 billion net income By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Grou..
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Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks
Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) ..
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Vontobel to take additional cost-cutting measures as profit falls
Vontobel to take additional cost-cutting measures as profit falls ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall..
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Siemens profit ahead of forecast despite digital sector orders fall
By John Revill ZURICH (Reuters) -Siemens reported first-quarter profit slightly ahead of expectations on Thursday despite the German ..
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UK’s Labour to back out of 28 billion stg green pledge -BBC
(Reuters) – Britain’s opposition Labour Party will back out of its 28 billion pound ($35.34 billion) policy pledge that so..
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OpenAI developing software that operates devices, automates tasks – The Information
(Reuters) – Microsoft-backed OpenAI is working on a type of agent software to automate complex tasks by taking over a users̵..
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Dollar slips as market awaits data for direction
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar slid further on Wednesday as it consolidates a bounce in..
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Equinor trims cash payouts, share price drops 7%
LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareholders this year by $3 billion, send..
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Global stocks hit two-year highs, as dollar eases
NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the S&P 500 touched a record peak on Wednesday, a..
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Big Oil offers record returns to lure investors back
LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attemp..
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Nvidia’s stock market value on verge of overtaking Amazon
(Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than ..
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Prince William back to work after Kate’s surgery and King Charles’ cancer
By Michael Holden LONDON (Reuters) -Britain’s Prince William returned to public duty on Wednesday following his wife Kate’..
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Aircraft lessor DAE expects further Boeing delays
(Reuters) – A production cap and recent incidents with Boeing’s 737 MAX aircraft will “undoubtedly” impede the..
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Gucci’s new designer in focus as Kering plots future growth
By Mimosa Spencer and Elisa Anzolin PARIS/MILAN (Reuters) – Investors will be looking to see if Gucci’s new creative di..
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Siemens investors call for further unbundling of the group
By John Revill ZURICH (Reuters) – Two of Siemens’s largest investors have called for the German engineering group to si..
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Time is right to step up investment, Sainsbury’s CEO says
LONDON (Reuters) – British supermarket Sainsbury’s believes that having improved its financial performance over the last ..
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‘Long and tedious journey’: companies sour on China outlook
By Helen Reid, Emma Rumney and Ananya Mariam Rajesh (Reuters) – Some of the world’s top food, drinks and tech companies h..
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Akzo Nobel misses profit forecast, says it rolled back some prices in Q4
By Stephanie Hamel (Reuters) -Akzo Nobel reported a smaller-than-expected rise in fourth-quarter core profit on Wednesday, as the Dut..
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German industrial output falls more than expected in December
By Maria Martinez (Reuters) -German industrial production fell more than expected in December, the federal statistics office said on ..
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Telenor Q4 core profit in line with expectations
OSLO (Reuters) -Norwegian telecoms operator Telenor on Wednesday reported fourth-quarter core operating earnings in line with expecta..
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Snap misses revenue estimate, shares plunge 30%
(Reuters) -Snap missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to struggle to compete ..
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New Zealand labour pressures ease slightly, jobs market still tight
New Zealand labour pressures ease slightly, jobs market still tight By Lucy Craymer WELLINGTON (Reuters) -New Zealand labour pressures..
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Wind power outpaced gas plants in Europe for the first time in 2023 – Ember
By Susanna Twidale LONDON (Reuters) – Wind power production outpaced gas plants in Europe for the first time last year as fossi..
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Germany’s KfW bank sells 50 million Deutsche Post shares
FRANKFURT (Reuters) -Germany’s state-owned KfW bank on Tuesday launched the placement of 50 million shares of its holding in Deu..
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UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
By Noele Illien ZURICH (Reuters) -UBS said on Tuesday it would restart share buybacks and find $3 billion more in cost savings from i..
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Aston Martin is hunting for a new CEO – Bloomberg News
(Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Fe..
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China’s exchanges restrict stock selling by some hedge funds
SHANGHAI/BEIJING (Reuters) – China’s stock exchanges are restricting share selling by some hedge funds, four fund manager..
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EU’s Von der Leyen wants to cancel plan to halve pesticide use after farmer protests
BRUSSELS (Reuters) – European Commission President Ursula von der Leyen told the European Parliament on Tuesday she was proposin..
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UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government
LONDON (Reuters) – Britain’s minister for Northern Ireland, Chris Heaton-Harris, will travel to Washington to discuss the..
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Novo Nordisk to begin 2024 share buybacks
OSLO (Reuters) – Novo Nordisk will on Tuesday begin the execution of its planned share buyback programme for 2024, the Danish ma..
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Skincare firm L’Occitane surges on report Blackstone considering buyout bid
(Reuters) -Blackstone is considering a bid for Hong Kong-listed skincare firm L’Occitane International SA, Bloomberg News report..
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UK House of Lords report urges EV subsidies, faster charger rollout
By Nick Carey and Sachin Ravikumar LONDON (Reuters) – The UK government should take urgent action to encourage people to switch ..
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Britain invests 100 million pounds in AI research and regulation
LONDON (Reuters) – Britain on Tuesday said it would spend more than 100 million pounds ($125 million) to launch nine new researc..
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Chipmaker NXP forecasts profit above estimates on automotive strength
(Reuters) – Chipmaker NXP Semiconductors forecast first-quarter profit above target and reported better-than-expected revenue fo..
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Saudi Arabia’s investment ministry withdraws budget data
DUBAI (Reuters) -Saudi Arabia’s investment ministry removed fiscal data from a monthly bulletin published earlier on Monday on i..
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Spain’s Grifols hires new CEO weeks after damaging short-seller report
MADRID (Reuters) -Spanish pharmaceutical company Grifols hired a new chief executive and two founding family members will leave execut..
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Buckingham Palace statement on King Charles’s cancer diagnosis
LONDON (Reuters) – Britain’s King Charles has been diagnosed with a form of cancer and will postpone public-facing duties..
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