Big Oil doubles profits in blockbuster 2022
By Ron Bousso LONDON (Reuters) – Big Oil more than doubled its profits in 2022..
Headlines
All Posts
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volum..
Finance
European shares hit nine month high, dollar wobbles after Powell remarks
By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose ..
Investment
Italy’s MPS sees ‘safe habour’ ahead after strong quarter
By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena ..
Headlines
Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%
(Reuters) -Michael Kors owner Capri Holdings Ltd cut its annual profit forecast on W..
Investment
Russian threat to Baltic security rising – Estonian intelligence report
By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Serv..
News
Activision aims to help UK regulator ‘better understand our industry’
LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said o..
Headlines
Stocks, dollar pause ahead of Powell, Biden speeches
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global e..
Investment
EU considers ban on ‘forever chemicals’, urges search for alternatives
By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a prop..
Headlines
BP makes record profit in 2022, slows shift from oil
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a ..
Investment
Cryptoverse: Is bitcoin out of the woods? Consider the options
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) –..
Opinion
ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rag..
Investment
Marketmind: Rates start to bite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Ja..
Finance
From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissa..
Headlines
UK stocks slip as rate hike worries grip investors
By Sruthi Shankar and Shashwat Chauhan (Reuters) – The UK’s FTSE 100 clo..
News
Investment
Global shares slide, dollar gains as rates rise on strong data
Global shares slide, dollar gains as rates rise on strong data
By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the do..
Investment
Turkey quake kills 912 in historic disaster, Erdogan says
ANKARA (Reuters) – At least 912 people were killed and more than 5,000 injured..
Headlines
Swiss to vote on preventing cashless society, pressure group says
(Reuters) – Swiss citizens will get the chance to try to ensure their economy ..
Finance
UK watchdog warns crypto firms to prepare for advertising rule change
LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Mon..
News
U.S. job growth powers ahead; unemployment rate at 3.4%
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply i..
Business
Euro zone inflation seen just above ECB’s target in 2025, poll shows
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, j..
Headlines
Kering recruits Estee Lauder exec for push into cosmetics
PARIS (Reuters) – French luxury goods group Kering said Friday it was entering..
Headlines
Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its div..
Headlines
TomTom raises 2023 revenue outlook as automotive drives Q4 beat
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom rai..
Headlines
France seeks strategy as nuclear waste site risks saturation point
By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Nor..
Headlines
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. market..
Headlines
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is buildi..
Headlines
Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said q..
Headlines
Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. in..
Headlines
Apple’s weak iPhone sales drive first profit miss since 2016
By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits..
Business
Central banks hike rates again, but a pause is coming
LONDON (Reuters) – Major central banks are steadily moving closer to a pause i..
Finance
Fed rates up, BoE up, ECB up, stocks up
By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were st..
Investment
Roche flags 2023 earnings decline on slump in COVID products
By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings,..
Headlines
Julius Baer 2022 profits fall as it hits business cycle targets
ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in..
News
Exclusive: Volvo readies EV blitz in biggest product revamp under Geely
By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blit..
Headlines
Dollar falls to nine-month low as Powell notes progress in disinflation
By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday..
Finance
Investors go back to basics with simpler self-driving vehicles
By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully ..
Technology