News

Sterling steadies against dollar, jumps to 16-year high vs yen

Sterling steadies against dollar, jumps to 16-year high vs yen

By Joice Alves LONDON (Reuters) – Sterling steadied on Friday after rising to..

TotalEnergies earnings fall in first quarter on lower gas prices

TotalEnergies earnings fall in first quarter on lower gas prices

By America Hernandez PARIS (Reuters) -French energy giant TotalEnergies posted a 22..

Safran posts higher Q1 revenue, keeps financial targets

Safran posts higher Q1 revenue, keeps financial targets

PARIS (Reuters) -French jet engine maker Safran posted an 18.1% jump in first-quarte..

Denso to sell off cross-shareholdings and use proceeds on M&A

Denso to sell off cross-shareholdings and use proceeds on M&A

TOKYO (Reuters) – Toyota Motor supplier Denso plans to eventually sell all of..

Airport operator ADP Q1 revenue boosted by post-pandemic travel boom

Airport operator ADP Q1 revenue boosted by post-pandemic travel boom

(Reuters) -French airport group ADP reported on Friday a better-than-expected rise i..

NatWest first-quarter profit slumps 27% as savings, mortgage competition bite

NatWest first-quarter profit slumps 27% as savings, mortgage competition bite

LONDON (Reuters) -NatWest’s first-quarter profit fell by a less than expected ..

Tepid economic data weighs on equities; yen sinks to fresh lows

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, FedEx transition to electric vans slowed by battery shortages, low supply

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) -..

Two million Britons suffer long COVID symptoms, survey shows

Two million Britons suffer long COVID symptoms, survey shows

LONDON (Reuters) – Two million people across England and Scotland are still su..

Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency

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-t..

Meta sparks tech selloff as AI splurge spooks Wall Street

Meta sparks tech selloff as AI splurge spooks Wall Street

(Reuters) -Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big ..

Repsol working on closing first “renewable asset rotation” in US – CEO

Repsol working on closing first “renewable asset rotation” in US – CEO

MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that..

Delivery Hero ups revenue outlook on rising orders, ad revenue

Delivery Hero ups revenue outlook on rising orders, ad revenue

(Reuters) -German online food takeaway company Delivery Hero raised its revenue guid..

Factbox-Anglo American, BHP mining operations around the world

Factbox-Anglo American, BHP mining operations around the world

(Reuters) – British multinational miner Anglo American on Thursday said it had..

China’s largest auto show showcases all-electric future, local brands dominate

China’s largest auto show showcases all-electric future, local brands dominate

BEIJING (Reuters) – China’s largest auto show opened in Beijing on Thurs..

Unilever beats quarterly sales growth forecasts

Unilever beats quarterly sales growth forecasts

(Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%,..

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

BEIJING (Reuters) – Chinese electric vehicle (EV) battery maker CATL on Thursd..

Sanofi profit slips on generic competition and currency effects

Sanofi profit slips on generic competition and currency effects

(Reuters) -Sanofi’s first-quarter operating income fell 14.7% as currency effe..

Polish central bank reports loss of $5 billion dollars in 2023

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 bill..

Maersk could offer limited Baltimore barge service

Maersk could offer limited Baltimore barge service

COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping service..

Telecoms firm Orange slips on drop in French broadband customers

Telecoms firm Orange slips on drop in French broadband customers

By Diana Mandia (Reuters) -French telecoms operator Orange reported on Wednesday a ..

Spain sees US-style economic boost from immigrant workers

Spain sees US-style economic boost from immigrant workers

MADRID (Reuters) – Achieving her career ambitions in Spain has proved remarkab..

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore..

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s ..

Australia Q1 inflation slowdown disappoints, rate cut bets gone

Australia Q1 inflation slowdown disappoints, rate cut bets gone

By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation slowed less tha..

Global equity market-neutral hedge funds shine

Global equity market-neutral hedge funds shine

By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge fu..

Electric car sales to rise but affordability in focus, IEA says

Electric car sales to rise but affordability in focus, IEA says

By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in ..

Renault says new models to lift 2024 sales, confirms profit outlook

Renault says new models to lift 2024 sales, confirms profit outlook

PARIS (Reuters) -Renault expects its sales growth to accelerate this year as it laun..

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

(Reuters) – Russia’s economy ministry improved its expectations for 202..

Prince William and wife Kate thank public for birthday messages for son Louis

Prince William and wife Kate thank public for birthday messages for son Louis

LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked t..

Oil falls back after robust EU data as Mideast tensions linger

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 ..

Stocks gear up for Big Tech earnings; yen sits near danger zone

Stocks gear up for Big Tech earnings; yen sits near danger zone

By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by ..

Italy’s Lavazza launches bid to take machine vendor IVS private

Italy’s Lavazza launches bid to take machine vendor IVS private

MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing furt..

Japan’s 7-Eleven convenience chain targets aggressive global growth

Japan’s 7-Eleven convenience chain targets aggressive global growth

TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesda..

Golden Goose’s net revenues up 12% in first quarter

Golden Goose’s net revenues up 12% in first quarter

MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues..

Sluggish demand and oversupply sap European diesel markets

Sluggish demand and oversupply sap European diesel markets

By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures..

Bank of England looks to shine a light on private equity leverage

Bank of England looks to shine a light on private equity leverage

By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 ..