DSM misses Q1 forecasts due to weak volumes and high costs
DSM misses Q1 forecasts due to weak volumes and high costs (Corrects company description in 5th paragraph) (Reuters) – Dutch spe..
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Geberit reports Q1 beat despite end of bathroom renovation boom
Geberit reports Q1 beat despite end of bathroom renovation boom (Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported h..
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Marketmind: RBA shock hike starts huge week for central banks
Marketmind: RBA shock hike starts huge week for central banks A look at the day ahead in European and global markets from Asia markets..
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Logitech Q4 sales plunge 22% as economic downturn worries weigh
Logitech Q4 sales plunge 22% as economic downturn worries weigh (Reuters) – Logitech International posted a 22% drop in fourth-q..
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Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO
Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO SYDNEY (Reuters) – Australia’s flagship carrier, Qa..
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UK retailers report record food inflation but see falls ahead
UK retailers report record food inflation but see falls ahead By David Milliken LONDON (Reuters) – Food prices at British superm..
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Historic Stone of Scone moved to London for King Charles’ coronation
LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone upon which monarchs in Britain have been crowned fo..
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Norway plans to nationalise gas pipelines when concessions expire
Norway plans to nationalise gas pipelines when concessions expire By Gwladys Fouche and Nerijus Adomaitis OSLO (Reuters) -Norway plans..
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Bosch buys US semiconductor foundry to expand EV chip output
Bosch buys US semiconductor foundry to expand EV chip output By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany̵..
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Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business
Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business STOCKHOLM (Reuters) – Hygiene products group ..
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Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts
Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts (Reuters) -Finnish elevator maker Kone raised its 2023 sales out..
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Companies’ cost inflation is slowing but shoppers may wait for lower prices
Companies’ cost inflation is slowing but shoppers may wait for lower prices By Richa Naidu and Dominique Vidalon LONDON/PARIS (R..
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Tech CEOs wax poetic on AI, big adds to sales will take time
Tech CEOs wax poetic on AI, big adds to sales will take time By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-p..
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Sacyr shortlists four bidders for its service, waste management unit – Expansion
Sacyr shortlists four bidders for its service, waste management unit – Expansion MADRID (Reuters) – Spanish conglomerate S..
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Startup e-commerce platform Temu expands to Europe
Startup e-commerce platform Temu expands to Europe By Casey Hall SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, o..
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Beiersdorf benefits from bump in Nivea sales
Beiersdorf benefits from bump in Nivea sales (Reuters) -Beiersdorf’s Nivea brand recorded 18% sales growth in the first quarter ..
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Puma expects Q2 sales growth below full-year target
Puma expects Q2 sales growth below full-year target (Reuters) – German sportswear maker Puma on Wednesday said it expected secon..
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Mercedes-Benz launches E-Class, its last new combustion engine model
BERLIN (Reuters) – Mercedes-Benz on Tuesday launched its last new combustion engine model – the next generation of the E-C..
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Spotify’s monthly active users top 500 million, beat estimate
Spotify’s monthly active users top 500 million, beat estimate By Supantha Mukherjee STOCKHOLM (Reuters) -Spotify Technology SA h..
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Kremlin remains downbeat on state of Black Sea grain deal
Kremlin remains downbeat on state of Black Sea grain deal (Reuters) – The Kremlin reaffirmed its position on Tuesday that the Bl..
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BoE’s Broadbent says QE not to blame for surge in inflation
BoE’s Broadbent says QE not to blame for surge in inflation LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadben..
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Anglo American’s first-quarter copper output rises 28%
Anglo American’s first-quarter copper output rises 28% LONDON (Reuters) -Anglo American’s overall first-quarter production..
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KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback
KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback By Richa Naidu LONDON (Reuters) – In a quarter that saw..
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More banks join European instant payments pilot from end 2023
Spotify’s monthly active users top 500 million, beat estimate By Supantha Mukherjee STOCKHOLM (Reuters) -Spotify Technology SA h..
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Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown
Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown By Romolo Tosiani (Reuters) -Dutch recruitment firm Randstad re..
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ABB dispels industrial gloom to raise full-year outlook
ABB dispels industrial gloom to raise full-year outlook By John Revill ZURICH (Reuters) -ABB Ltd raised its full-year outlook for sale..
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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux
Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux By Katherine Masters and Mimosa Spencer NEW YORK (Reuters) – The s..
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Oil prices steady on uncertain global outlook and supply concerns
Oil prices steady on uncertain global outlook and supply concerns By Noah Browning LONDON (Reuters) – Oil prices were steady on ..
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Britain sets up $125 million taskforce to drive AI
Britain sets up $125 million taskforce to drive AI LONDON (Reuters) – Britain on Monday announced 100 million pounds ($124.5 mil..
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Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy
Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy By Marc Jones LONDON (Reuters) – F..
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German economy likely grew in Q1, beating expectations – Bundesbank
German economy likely grew in Q1, beating expectations – Bundesbank FRANKFURT (Reuters) – The German economy is likely to ..
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Bitcoin could hit $100,000 by end-2024, Standard Chartered says
Bitcoin could hit $100,000 by end-2024, Standard Chartered says By Elizabeth Howcroft LONDON (Reuters) – Top cryptocurrency bitc..
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Factbox-Europe’s ongoing strike-related travel disruptions
Factbox-Europe’s ongoing strike-related travel disruptions (Reuters) – Strikes in Europe could disrupt travel into the sum..
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PIRC recommends vote for BP climate activist resolution
PIRC recommends vote for BP climate activist resolution LONDON (Reuters) – Investor advisory firm PIRC on Monday recommended tha..
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Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says
Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says By Nell Mackenzie PARIS (Reuters) –..
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Dollar heads for first weekly gain since February
Dollar heads for first weekly gain since February By Amanda Cooper LONDON (Reuters) – The dollar headed for its first weekly gai..
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Norway sovereign fund backs Teck Resources in battle with Glencore
Norway sovereign fund backs Teck Resources in battle with Glencore OSLO (Reuters) -Norway’s sovereign wealth fund, one of the wo..
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