UK’s Rwanda plan for asylum seekers could cost more than 600 million pounds
By Andrew MacAskill LONDON (Reuters) – The British government’s controversial plan to send asylum seekers to Rwanda might..
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Bitcoin barrels to best month since 2020, Wall Street points higher after PCE
By Marc Jones LONDON (Reuters) – World stocks were near record highs on Thursday amid a monthly round of European and U.S. infl..
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AirAsia operator Capital A records loss in Q4 as higher costs weigh
By Rishav Chatterjee (Reuters) -The parent company of Malaysian budget airline AirAsia, Capital A, on Thursday, reported a loss for t..
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German inflation eases to 2.7% in February, as expected
By Miranda Murray BERLIN (Reuters) -Cheaper energy prices pushed German inflation down to 2.7% in February, according to data on Thur..
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Euro zone inflation dips but stubborn core prices may worry ECB
FRANKFURT (Reuters) -Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start eas..
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Grifols’ shares tumble as restructuring costs hit annual profit
By Joan Faus BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 ..
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CMA CGM caps logistics push with $5 billion Bollore deal
By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-e..
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Analysis-Bayer investors weigh need for cash call amid stifling debt
By Ludwig Burger and Emma-Victoria Farr FRANKFURT (Reuters) – Bayer may have to ask shareholders for fresh capital to shore up ..
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South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
By Hyonhee Shin and Joyce Lee SEOUL (Reuters) -South Korean President Yoon Suk Yeol met Meta’s CEO Mark Zuckerberg on Thursday ..
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Semiconductor parts maker Aixtron sees further sales growth after Q4 beat
(Reuters) – German chipmaking tools manufacturer Aixtron on Thursday forecast further revenue growth for 2024, driven by growin..
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Covestro cancels dividend after lower earnings in challenging 2023
(Reuters) -German chemicals maker Covestro on Thursday said it decided not to pay dividends for 2023 after its annual core earnings d..
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Consumer health giant Haleon sees higher revenue in 2024
(Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected higher revenue in 2024, thanks to firm demand for it..
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France backs global minimum tax on billionaires at G20
PARIS (Reuters) – France wants a new push for a global minimum tax on the super-rich, building on the success of a 15% minimum o..
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Oil settles lower as Fed takes stock before cutting rates
HOUSTON (Reuters) -Oil prices settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting U.S. ..
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Stocks slip, dollar rises ahead of US inflation data
NEW YORK (Reuters) -A global equities index fell slightly on Wednesday while Treasury yields edged down and the dollar rose against ..
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Russia diamond producer Alrosa’s annual net profit drops 15.2%
MOSCOW (Reuters) -Russia’s sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18 billion roubles..
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Record year for wind farms raises hope for EU green energy goals
BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have raised hopes that..
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Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion
By Paolo Laudani and Paul Sandle LONDON (Reuters) -Swisscom said on Wednesday it was in exclusive talks to buy all of Vodafone Italia..
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Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels
MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net profit rose 81% in 2023 to a record 1.63 billion euro..
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Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year afte..
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Siblings help China’s BYD grab early lead in Thai EV market
BANGKOK (Reuters) – After launching BYD in Thailand as the Chinese electric vehicle maker’s sole national distributor a li..
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Qatar to invest 10 billion euros in key sectors of French economy -Elysee
PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros ..
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Norwegian Cruise forecasts upbeat first-quarter profit on robust demand
(Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and steady..
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Puma aims to boost its brand in ‘challenging’ market
(Reuters) – Puma expects a weak first half of the year in a challenging market, the German sportswear brand said on Tuesday, but..
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London stocks gain on miners, earnings boost
(Reuters) – UK shares edged up in early trade on Tuesday boosted by the gains in mining stocks and some upbeat earnings updates,..
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German consumer sentiment stabilizes at low level in March, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with ..
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Dental implants maker Straumann sees steady sales growth in 2024
(Reuters) – Swiss dental implant maker Straumann on Tuesday forecast 2024 sales growth at a similar level to last year’s, ..
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European private credit rebounds to levels last seen in mid-2022, says Deloitte
By Naomi Rovnick LONDON (Reuters) – European private lending activity has rebounded to levels last seen in mid-2022, new data f..
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Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record
LONDON (Reuters) – Euro zone bonds are trading more in sync with their U.S. peers than ever before, as investors ignore the slow..
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Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger
KUALA LUMPUR (Reuters) – The parent company of Malaysian budget airline AirAsia, Capital A Berhad <CAPI.KL>, is looking to..
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Renault unveils new R5 as it taps past success for electric future
By Gilles Guillaume GENEVA (Reuters) – Renault unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Sh..
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EU carbon border tax will do little to cut emissions, ADB study says
By David Stanway SINGAPORE (Reuters) -A European Union plan to impose tariffs on high-carbon imports could hurt developing countries ..
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Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut..
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Marketmind: Markets brace for inflation trifecta
A look at the day ahead in European and global markets from Wayne Cole It’s all about inflation this week with markets pricing ..
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UK job vacancies fall 15% year-on-year in January, Adzuna data shows
LONDON (Reuters) – British employers advertised the fewest jobs in nearly three years last month, with numbers down 15% from a ..
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Infineon bets on AI boom to spur more lucrative chip sales
FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artificial intelligence (AI) to generate billions in rev..
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ABB picks electrification chief Wierod as CEO
ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacing Bjorn Rosengren who led an overhaul of the Swis..
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