Peace-themed torch unveiled for Paris 2024 Olympics
PARIS (Reuters) – The design of the Paris 2024 Olympic and Paralympic torch was unveiled on Tuesday, imitating the reflection of..
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“Last hope”: Eager Germans are prepared to pay for weight-loss drug
FRANKFURT/LONDON (Reuters) – Frustrated after countless failed diet and exercise attempts, 41 year-old Jessica Lenth from Hambur..
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Unilever sees Chinese consumer confidence at ‘historical low point’
LONDON (Reuters) – British consumer goods giant Unilever said on Tuesday that China’s declining property market and export..
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Euro zone firms slash loan demand to lowest on record: ECB poll
FRANKFURT (Reuters) – Euro zone firms’ demand for loans dropped to the lowest on record last quarter and a further decline..
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Pertamina, Petronas to pay up to $650 million for Shell’s Masela gas stake
TANGERANG, Indonesia (Reuters) -Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to..
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Keyboard maker Logitech raises forecast for first half of 2024
(Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year 2024 on Tuesday in its ..
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UK’s Virgin Media O2 to lay off up to 2,000 employees by year end
(Reuters) – British mobile operator Virgin Media O2 said on Monday it was planning to lay off up to 2,000 employees by the end ..
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Southern Europeans splash out on air-con as heatwave drags on
By Corina Pons and Elisa Anzolin MADRID/MILAN (Reuters) – As Southern Europe battles extreme heat with no end in sight, people ..
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Naturgy’s profit rises on LNG gains, soothing shareholders
By Pietro Lombardi MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six ..
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Worsening euro zone business downturn reignites recession fears
LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services i..
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Vodafone takes ‘first steps’ in turnaround with top-line improvement
By Paul Sandle LONDON (Reuters) -Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improveme..
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UK firms grow at slowest in 6 months as rate hikes weigh: PMI
LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July as orders for businesses ..
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Analysis-As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy
By Tim Kelly, Karen Freifeld and Kentaro Sugiyama TOKYO/NEW YORK (Reuters) – Japan’s imposition of export controls on chi..
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Philips slightly raises 2023 outlook after Q2 core profit beat
(Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expect..
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Julius Baer reports 18% H1 net profit rise
ZURICH (Reuters) -Swiss private bank Julius Baer reported an 18% increase in net profit for the first half of 2023 on Monday as it sa..
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Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays
DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June, ..
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Yen pressured as traders wait on policy decisions
SYDNEY (Reuters) – The dollar and euro made firm starts on Monday to a week full of central bank meetings, while the yen was str..
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Russian central bank governor speaks after hiking rate to 8.5%
(Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference on Friday after the ..
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Introducing Janus, the exotic ‘two-faced’ white dwarf star
By Will Dunham WASHINGTON (Reuters) – Some people are two-faced, figuratively speaking of course. The ancient Roman god Janus w..
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Nokian Tyres profit tumbles amid Russian exit, shares fall
HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp fall in operating profit for the second quarter, sending ..
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UK consumers defy high inflation and shop more in June
By David Milliken LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks t..
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Extreme heatwaves to continue through August, WMO adviser says
GENEVA (Reuters) – Heatwaves are expected to persist in a large part of the world throughout August, an adviser on extreme heat..
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Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop
OSLO (Reuters) -Aluminium producer Hydro raised its guidance for capital expenditure this year and said global demand for aluminium de..
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Lonza cuts 2023 outlook on slower growth, lower customer demand
(Reuters) – Swiss contract drug manufacturer Lonza cut its full-year outlook on Friday, citing slower than expected growth, driv..
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UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader
LONDON (Reuters) – Britain’s opposition Labour Party was not taking anything for granted after an historic win in a local ..
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British retail sales beat expectations in June
LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food ..
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Global miner Anglo American’s first-half production surges 42%
LONDON (Reuters) – Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the ..
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Asia stocks nudge higher, gains capped by China worries
SINGAPORE (Reuters) – Asian shares inched higher on Thursday as investors took stock of corporate earnings and looked ahead to c..
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ABB sees robust activity as Q2 profit beats forecasts
ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company ..
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Netflix quarterly revenue misses forecasts, shares slide
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday wi..
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IBM misses second-quarter revenue estimates as tech spending cools
(Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday,..
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Dollar gains as pound tumbles on cooling UK inflation
NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expe..
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Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but..
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European shares gain on boost from Kering; UK stocks shine
(Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the luxury group, while ..
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Truck maker Volvo’s quarterly profit surges, beats estimates
By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarte..
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Aviva releases H1 2023 profit guidance, growth estimates
Aviva releases H1 2023 profit guidance, growth estimates LONDON (Reuters) – Aviva said on Wednesday it expected to deliver aroun..
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Canada defends digital taxes but sees path for global deal
OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of digital services taxes starting nex..
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