Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record
Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record By Harry Robertson LONDON (Reuters) – Euro zone..
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Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger
Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger By Danial Azhar KUALA LUMPUR (Reuters) – The pa..
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Renault unveils new R5 as it taps past success for electric future
Renault unveils new R5 as it taps past success for electric future By Gilles Guillaume GENEVA (Reuters) – Renault unveiled its h..
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EU carbon border tax will do little to cut emissions, ADB study says
EU carbon border tax will do little to cut emissions, ADB study says By David Stanway SINGAPORE (Reuters) -A European Union plan to im..
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Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs By Nick Carey LONDON (Reuters) -Europe’s automake..
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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 i..
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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 y..
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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 reve..
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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 Swiss..
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Stocks bask in tech mania, Nvidia boom
SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s stunning results..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18%, b..
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Allianz nearly doubles Q4 net profit, helped by health and life business
FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in j..
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BASF dials up cost cuts in Germany, flags earnings rebound
FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its Ludwigshafen headqu..
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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were ..
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Nailing remote work in media and casting: Dana Michell’s tips
Dana Michell Working from home in a media and casting gig can be the dream, right? No more morning traffic, no uncomfortab..
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons ..
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As Nikkei eclipses 34-year record, derivatives signal stall ahead
TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak and investors grow confident of future gains, flows..
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TotalEnergies Texas refinery running at minimal rates, say sources
HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Port Arthur, Texas, is operating at minimal productio..
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Nestle misses sales estimates as price hikes deter shoppers
LONDON (Reuters) – Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world’s b..
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Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia
(Reuters) – German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its fo..
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German economy in stormy waters as government slashes forecast
BERLIN (Reuters) -The German government expects the economy to grow 0.2% this year, far less than a previously forecast 1.3%, as weak ..
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London’s iconic BT Tower to become a hotel
LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to sell the 177-metre..
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The importance of maintaining business compliance and regulations
In the complex landscape of modern business, adherence to compliance and regulations is not just a legal necessity but a crucial comp..
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UK sees record monthly budget surplus, but tough picture ahead of budget
LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to record seasonal tax inflows, official f..
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Coffee group JDE Peet’s posts surprise growth in 2023 operating profit
(Reuters) -JDE Peet’s, one of the world’s largest coffee companies, on Wednesday reported an organic rise in 2023 operatin..
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Asian shares ease as early rate cut bets fizzle, focus on Fed minutes
SINGAPORE (Reuters) – Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts from the Federal R..
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Beijing shuts highways after heavy snowfall
BEIJING (Reuters) – Beijing shut some highways on Wednesday after heavier-than-expected snowfall hit the Chinese capital overnig..
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Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
LONDON (Reuters) – Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision ..
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UK employers offer smaller pay rises at start of 2024, XpertHR survey shows
LONDON (Reuters) – British employers scaled back the annual pay settlements they offered to staff at the start of 2024, a survey..
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Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million
(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lende..
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The importance of backlinking in SEO for business websites
In the dynamic and ever-evolving landscape of digital marketing, Search Engine Optimization (SEO) plays a pivotal role in determining..
Business
Barclays plans cost cuts, bumper buybacks in bid to boost shares
LONDON (Reuters) -Barclays laid out a three-year plan to revive its flagging share price on Tuesday, including axing 2 billion pounds ..
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Dialysis firm FMC sees robust 2024 earnings growth after strong Q4
GDANSK (Reuters) – Fresenius Medical Care on Tuesday forecast its core earnings to grow by a mid- to high-teens percentage this ..
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China slashes mortgage reference rates to revive property market
SHANGHAI/SINGAPORE (Reuters) -China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sou..
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Air Liquide tops profit forecast, hikes 2025 margin target
(Reuters) -French industrial gases firm Air Liquide on Tuesday posted a better-than-expected annual operating profit and said it had r..
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Marketmind: Wages will test wagers on rates
A look at the day ahead in European and global markets from Tom Westbrook Europe’s central bank has singled out wages as the sin..
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German homes are still overvalued despite price drop – Bundesbank
FRANKFURT (Reuters) – German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the ..
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