Qatar Airways posts 39% jump in annual profit to record $1.67 billion
DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on..
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German industry turns to solar in race to cut energy costs
By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their ..
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UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth
LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, kept its annual financial guidance as it repor..
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French catering group Sodexo lags Q3 sales expectations
(Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in..
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Global factory activity has mixed performance in June, PMIs show
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..
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Euro rallies as French far right faces tricky path to majority
SINGAPORE/LONDON (Reuters) -The euro jumped on Monday after a convincing and historic win by the French far right in the first round o..
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European stocks rally after first round of French vote
(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..
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Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says
FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..
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Asia shares eye five-month winning streak; yen slumps
By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..
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Stocks inch lower as semiconductor shares ease; yen up vs dollar
NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares fell and weighed on semico..
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Global carbon removal market could reach $100 billion/yr from 2030-35, report says
LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030..
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US dollar retreats after weak economic data; yen gets minor relief
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. dolla..
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Chinese-owned chipmaker Nexperia invests $200 million in European expansion
AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such as diodes and trans..
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UBS’s new wealth management co-leaders announce reshuffle
UBS’s new wealth management co-leaders announce reshuffle By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making..
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UK retailer Halfords posts lower annual profit
(Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across i..
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Nokia sells submarine networks business ASN to French state
COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for ..
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BP halts hiring, slows renewables roll-out to win over investors
LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he..
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 mill..
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Dollar hits 38-year high vs yen; stocks mostly ease
NEW YORK (Reuters) -The dollar hit a fresh 38-year high against the Japanese yen on Wednesday, with investor speculation high that Jap..
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Euro zone yields edge up before inflation data, caution over France
(Reuters) -Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the United States and some me..
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Yen tumbles to 38-year low vs dollar as likely Japan intervention looms
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – The yen dropped to its lowest against the U.S. do..
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UK retail sales go into reverse this month, CBI survey shows
(Reuters) -British retail sales softened this month after a recovery in May, and stores expect another drop next month, an industry su..
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Aussie dollar jumps on inflation spike, while yen stays under pressure
LONDON/SINGAPORE (Reuters) -The Australian dollar rallied after a surprise jump in inflation on Wednesday raised the prospect of anoth..
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Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say
By Amy-Jo Crowley and Abigail Summerville LONDON (Reuters) – U.S. meal delivery group Doordash flagged an interest in a takeove..
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Miner BHP’s carbon emissions to rise slightly this year
MELBOURNE (Reuters) -BHP Group’s operational carbon emissions are set for a “small increase” this financial year, an..
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Analysis-France may be next test of the euro’s foundations
FRANKFURT/PARIS (Reuters) – “Because it’s France” was how Jean-Claude Juncker, European Commission president a..
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Oil ticks up on inventory drawdown outlook, Middle East risks
SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopol..
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Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify
(Reuters) – Covestro, the German chemicals maker in talks to be acquired by ADNOC, on Tuesday launched an efficiency programme t..
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Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows
TOKYO (Reuters) – Toyota sold $2 billion worth of cross shareholdings of listed companies in the year that just ended, the Japan..
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Oil prices steady as inflation worries limit summer demand optimism
SINGAPORE (Reuters) – Oil prices were little changed on Tuesday after rising in the previous session as investors were cautious ..
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Asian shares subdued, yen hits record low versus euro
SYDNEY (Reuters) – Asian shares were subdued on Tuesday while the battered yen hit a record low versus the euro, although the ri..
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China’s BYD launches third EV model in Japan
TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most exp..
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London’s FTSE 100 flat; energy, miners lead decline
(Reuters) – London’s FTSE 100 was flat on Monday as investors turned cautious ahead of key inflation data in the United S..
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Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites
(Reuters) -British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley’s Frasers Group ..
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Prosus full-year core headline earnings jump 84%
(Reuters) – Dutch technology investor Prosus core headline earnings jumped 84% in the year to March 31, helped by a strong perf..
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Oil eases as strong dollar weighs on commodities markets
By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and ..
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