Oil holds steady near four-month high on OPEC+ cuts
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monday, but were still near their highest levels since m..
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Dollar on guard as US inflation test looms
By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mixed U.S. jobs report provided little direc..
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Cycling-Men’s world championships race interrupted by climate protesters
GLASGOW (Reuters) -Protesters halted the elite men’s road race at the UCI World Championships for almost an hour on Sunday, stop..
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Huawei ban would cost German rail operator 400 million eur – Spiegel
BERLIN (Reuters) – Germany’s national railway operator would have to spend up to 400 million euros ($437.44 million) to r..
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Commerzbank shares slump on outlook, despite 20% profit rise
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s shares sank 5% on Friday, despite a big jump in net profit in ..
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EnBW sees FY adjusted EBITDA at upper end of forecast range
BERLIN (Reuters) – German utility EnBW confirmed its full-year outlook on Friday, with adjusted earnings before interest, taxes,..
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Germany’s Lanxess calls on government to help chemicals industry
By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess set out plans to cut costs on Friday and called on G..
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Credit Agricole beats estimates on insurance, consumer finance
PARIS (Reuters) – Credit Agricole SA, France’s second-largest listed bank, reported better-than-expected quarterly earning..
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WPP lowers full-year forecast as tech clients curb spending
LONDON (Reuters) -WPP, the world’s biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0..
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BNP Paribas lowers its Bank of England terminal rate forecast
(Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal rate forecast to 5.50% from a prior estimate of 5...
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UK’s July new car sales up more than 25%- SMMT
(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly r..
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Dollar struggles before payrolls test; Aussie rebounds
By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The dollar hung back from a four-week high against major peers on Friday a..
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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
(Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s expectations as the company deliv..
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German services sector loses momentum-PMI
BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the second consecutive month, due to a drop in d..
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SWIMMING LESSONS: A BROKEN SYSTEM WE HAVE BECOME ACCUSTOMED TO
By Selena Willows – CEO Swim to Safety Swimming is a body skill and just like learning to walk, run, ride a bike, or any other ..
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Siemens Healthineers confirms outlook despite problems at Varian
(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..
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Taylor Wimpey expects full-year profits to halve amid housing gloom
LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast boosted the British housebuilder’s s..
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UK lender Virgin Money sticks to annual outlook despite mortgage pressures
(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest mar..
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Stocks drop, Treasuries gain after Fitch downgrades US rating
By Xie Yu HONG KONG (Reuters) – Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpect..
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Fresenius Medical forecasts smaller income decline as cost inflation eases
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Dialysis group Fresenius Medical Care on Wednesday said a possible ea..
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Analysis-Point of no return: Australians fight for the right to work from home permanently
SYDNEY (Reuters) – Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs dro..
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BP to defend its rights in dispute with Venture Global LNG; other clients weigh options
LONDON/HOUSTON/LISBON (Reuters) -BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. e..
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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
(Reuters) – Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a ..
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European shares retreat as factory activity falters
(Reuters) -European stocks slipped on Tuesday, with the German DAX pulling back from record highs as shrinking factory activity in the..
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Spain’s factory activity shrinks again in July on weak demand -PMI
MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecutive month in July as domestic and foreign demand ..
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UK baker Greggs confident on 2023 after first-half growth
LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecasts for higher full-year profit after posting a 14%..
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Covestro sees 2023 EBITDA at lower end of forecast range
(Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its forec..
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UK regulator seeks public input on Microsoft-Activision deal
LONDON (Reuters) -Britain’s antitrust regulator on Monday called for public responses on whether Microsoft’s $69 billion t..
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US futures inch up; stock markets ride higher on cooler inflation
By Nell Mackenzie LONDON (Reuters) – U.S. share futures treaded cautiously higher on Monday ahead of more large-cap earnings re..
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Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh
By Steve Scherer OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau made massive changes to his cabinet last week in a move pol..
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Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease
(Reuters) -Britain’s Senior forecast a strong second half of the year on Monday, after adjusted profits for the first six months..
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Britain commits to hundreds of North Sea oil and gas licences
By Sachin Ravikumar and Susanna Twidale LONDON (Reuters) -Britain on Monday committed to granting hundreds of licences for North Sea ..
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Manchester United renews Adidas partnership in $1.1 billion 10-yr deal
(Reuters) -Manchester United on Monday renewed the soccer club’s partnership with official kit supplier Adidas for 10 more year..
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France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources
LONDON (Reuters) – French telecoms firm TDF is studying options for its fibre business including a sale, four people familiar wi..
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Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
LONDON (Reuters) – Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp dra..
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At Europe’s big banks, women make some gains despite Rose exit
By Brenna Hughes Neghaiwi and Tom Sims ZURICH (Reuters) -Alison Rose’s resignation from NatWest leaves just one woman in charge..
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UK banks back in political crosshairs after Farage fiasco
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -After more than a decade trying to rehabilitate their image since..
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