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Euro zone inflation seen just above ECB’s target in 2025, poll shows

Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, j..

Kering recruits Estee Lauder exec for push into cosmetics

Kering recruits Estee Lauder exec for push into cosmetics

PARIS (Reuters) – French luxury goods group Kering said Friday it was entering..

Lockmaker Assa Abloy boosts dividend, but wary on outlook

Lockmaker Assa Abloy boosts dividend, but wary on outlook

STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its div..

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom rai..

France seeks strategy as nuclear waste site risks saturation point

France seeks strategy as nuclear waste site risks saturation point

By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Nor..

Tech earnings hit pause button on market rally

Tech earnings hit pause button on market rally

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. market..

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is buildi..

Ford posts lower profit, issues downbeat outlook; shares drop

Ford posts lower profit, issues downbeat outlook; shares drop

By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said q..

Oil slumps on economic data, stronger U.S. dollar

Oil slumps on economic data, stronger U.S. dollar

By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. in..

Apple’s weak iPhone sales drive first profit miss since 2016

Apple’s weak iPhone sales drive first profit miss since 2016

By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause i..

Fed rates up, BoE up, ECB up, stocks up

Fed rates up, BoE up, ECB up, stocks up

By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were st..

Roche flags 2023 earnings decline on slump in COVID products

Roche flags 2023 earnings decline on slump in COVID products

By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings,..

Julius Baer 2022 profits fall as it hits business cycle targets

Julius Baer 2022 profits fall as it hits business cycle targets

ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in..

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely

By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blit..

Dollar falls to nine-month low as Powell notes progress in disinflation

Dollar falls to nine-month low as Powell notes progress in disinflation

By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday..

Investors go back to basics with simpler self-driving vehicles

Investors go back to basics with simpler self-driving vehicles

By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully ..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8..

UK and EU reach post-Brexit customs deal for N.Ireland-The Times

UK and EU reach post-Brexit customs deal for N.Ireland-The Times

LONDON (Reuters) -Britain and the European Union have struck a customs deal that cou..

German industry to pay 40% more for energy than pre-crisis – study says

German industry to pay 40% more for energy than pre-crisis – study says

FRANKFURT (Reuters) – German industry is set to pay about 40% more for energy ..

Nissan and Renault agree to overhaul alliance, this time as equals

Nissan and Renault agree to overhaul alliance, this time as equals

By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Rena..

Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global st..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to ra..

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to bar..

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like ..

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in ..

Global economy seen facing a challenging year -Eurochambres

Global economy seen facing a challenging year -Eurochambres

BERLIN (Reuters) – The international business community expects a challenging ..

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-..

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed alm..

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiri..

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nv..

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the fl..

Bank funding for renewables stagnates vs oil and gas – report

Bank funding for renewables stagnates vs oil and gas – report

LONDON (Reuters) – The share of bank finance going to renewable energy rather ..

Digital euro will be free but limited in scope, ECB says

Digital euro will be free but limited in scope, ECB says

FRANKFURT (Reuters) – The digital version of the euro currency will be free to..

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing..