Global economy set to stay on a roll for the rest of the year – Reuters poll
BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying e..
News
News
Sterling steadies against dollar, jumps to 16-year high vs yen
By Joice Alves LONDON (Reuters) – Sterling steadied on Friday after rising to a two-week high against the dollar as markets awa..
News
TotalEnergies earnings fall in first quarter on lower gas prices
By America Hernandez PARIS (Reuters) -French energy giant TotalEnergies posted a 22% decline in first-quarter earnings due to a steep..
News
Safran posts higher Q1 revenue, keeps financial targets
PARIS (Reuters) -French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for the..
News
Denso to sell off cross-shareholdings and use proceeds on M&A
TOKYO (Reuters) – Toyota Motor supplier Denso plans to eventually sell all of its cross-shareholdings, its president said on Fr..
News
Airport operator ADP Q1 revenue boosted by post-pandemic travel boom
(Reuters) -French airport group ADP reported on Friday a better-than-expected rise in first-quarter revenue, benefiting from the post-..
News
NatWest first-quarter profit slumps 27% as savings, mortgage competition bite
LONDON (Reuters) -NatWest’s first-quarter profit fell by a less than expected 27%, it said on Friday, hit by competition for sav..
News
Tepid economic data weighs on equities; yen sinks to fresh lows
By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. sup..
News
UPS, FedEx transition to electric vans slowed by battery shortages, low supply
By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. suppl..
News
Two million Britons suffer long COVID symptoms, survey shows
LONDON (Reuters) – Two million people across England and Scotland are still suffering from long COVID symptoms, of whom 381,000 ..
News
Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
NEW YORK/MILAN (Reuters) – The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quart..
News
Meta sparks tech selloff as AI splurge spooks Wall Street
(Reuters) -Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big technology stocks after the social media firm sign..
News
Repsol working on closing first “renewable asset rotation” in US – CEO
MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreeme..
News
Delivery Hero ups revenue outlook on rising orders, ad revenue
(Reuters) -German online food takeaway company Delivery Hero raised its revenue guidance for the year on Thursday on the back of risin..
News
Factbox-Anglo American, BHP mining operations around the world
(Reuters) – British multinational miner Anglo American on Thursday said it had received an all-share takeover proposal from the ..
News
China’s largest auto show showcases all-electric future, local brands dominate
BEIJING (Reuters) – China’s largest auto show opened in Beijing on Thursday with the biggest names showing off their lates..
News
Unilever beats quarterly sales growth forecasts
(Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s ..
News
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range
BEIJING (Reuters) – Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery..
News
Sanofi profit slips on generic competition and currency effects
(Reuters) -Sanofi’s first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple sclerosi..
News
Polish central bank reports loss of $5 billion dollars in 2023
WARSAW (Reuters) – The National Bank of Poland (NBP) made a loss of 20.8 billion zlotys ($5.2 billion) in 2023 compared to a lo..
News
Maersk could offer limited Baltimore barge service
COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping services at the U.S. Port of Baltimore when a temporary c..
News
Telecoms firm Orange slips on drop in French broadband customers
By Diana Mandia (Reuters) -French telecoms operator Orange reported on Wednesday a drop in first-quarter fixed broadband customers in..
News
Spain sees US-style economic boost from immigrant workers
MADRID (Reuters) – Achieving her career ambitions in Spain has proved remarkably easy for Sara Hernandez, a systems architect fr..
News
Orsted says Taiwan wind project to power TSMC on track for 2025 finish
TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore wind farm developer, said on Wednesday a project ..
News
Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%
HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s economic growth this year to 6.0% from 6.7%, the b..
News
Australia Q1 inflation slowdown disappoints, rate cut bets gone
By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation slowed less than expected in the first quarter as service cost pr..
News
Global equity market-neutral hedge funds shine
By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge funds have lured investors as they can deliver bette..
News
Electric car sales to rise but affordability in focus, IEA says
By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the Int..
News
Renault says new models to lift 2024 sales, confirms profit outlook
PARIS (Reuters) -Renault expects its sales growth to accelerate this year as it launches a number of new models, the French automaker ..
News
Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble
(Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from..
News
Prince William and wife Kate thank public for birthday messages for son Louis
LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked the public for their messages which had been sent t..
News
Oil falls back after robust EU data as Mideast tensions linger
By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as..
News
Stocks gear up for Big Tech earnings; yen sits near danger zone
By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus o..
News
Italy’s Lavazza launches bid to take machine vendor IVS private
MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a..
News
Japan’s 7-Eleven convenience chain targets aggressive global growth
TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven co..
News
Golden Goose’s net revenues up 12% in first quarter
MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first ..
News
Sluggish demand and oversupply sap European diesel markets
By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow..
News