L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal
(Reuters) – Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will take the French sk..
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Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years
ZURICH (Reuters) -Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesda..
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European stocks eke out gains after German inflation data; Deutsche Bank drops
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed below day highs on Monday after Germany reported higher-than-e..
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FTSE 100 extends record streak on company news
By Pranav Kashyap, Sruthi Shankar and Khushi Singh (Reuters) -Britain’s FTSE 100 extended its record rally for the fifth straig..
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Oil falls on Middle East talks, dimming near-term US rate cut hopes
By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fear..
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ECB’s Knot: increasingly confident about disinflation
FRANKFURT (Reuters) – Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the Europ..
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EU industry group downgrades steel demand forecast for 2024 again
LONDON (Reuters) – A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a ..
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U.S. stocks gain at top data-heavy week amid suspected yen intervention
By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Monday and the yen surged amid ..
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G7 reaches deal to exit from coal by 2035
By Francesca Landini TURIN (Reuters) -Energy ministers from the Group of Seven (G7) wealthy countries reached a deal to shut down the..
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Soaring cocoa prices put spotlight on Hershey, Mondelez earnings
By Granth Vanaik (Reuters) – Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to..
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Japanese yen surges against dollar on possible intervention
By Chuck Mikolajczak NEW YORK (Reuters) -Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low h..
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G7 ministers to agree coal plants shutdown by 2030-2035, UK says
TURIN (Reuters) – Energy ministers from the Group of Seven (G7) wealthy countries have agreed to shut down coal-fired power pla..
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German inflation creeps up to 2.4% in April
By Maria Martinez BERLIN (Reuters) -German inflation rose slightly in April due to higher food prices and a smaller drop in energy pr..
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Oil prices steady on Hamas ceasefire talks
By Deep Kaushik Vakil (Reuters) – Oil prices were little changed on Monday as Israel-Hamas peace talks in Cairo tempered fears ..
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Domino’s Pizza beats sales expectations as orders thrive
(Reuters) -Domino’s Pizza topped Wall Street expectations for first-quarter same-store sales on Monday, as consumers in the Uni..
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Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal
BERLIN (Reuters) – The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the ..
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Analysis-Second global AI safety summit faces tough questions, lower turnout
By Martin Coulter LONDON (Reuters) – Last year, a who’s who of world leaders, corporate executives and academic experts gathere..
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FTSE 100 continues record run, Darktrace rallies on buyout deal
By Pranav Kashyap and Sruthi Shankar (Reuters) -Britain’s FTSE 100 rose to another record high on Friday as strong earnings from..
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Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low
By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Stree..
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Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes
(Reuters) – Global equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes ..
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Global economy set to stay on a roll for the rest of the year – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of the year and into ..
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Sterling steadies against dollar, jumps to 16-year high vs yen
By Joice Alves LONDON (Reuters) – Sterling steadied on Friday after rising to a two-week high against the dollar as markets awa..
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TotalEnergies earnings fall in first quarter on lower gas prices
By America Hernandez PARIS (Reuters) -French energy giant TotalEnergies posted a 22% decline in first-quarter earnings due to a steep..
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Safran posts higher Q1 revenue, keeps financial targets
Safran posts higher Q1 revenue, keeps financial targets
PARIS (Reuters) -French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for the year while joi..
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Denso to sell off cross-shareholdings and use proceeds on M&A
TOKYO (Reuters) – Toyota Motor supplier Denso plans to eventually sell all of its cross-shareholdings, its president said on Fr..
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Airport operator ADP Q1 revenue boosted by post-pandemic travel boom
By Diana Mandia (Reuters) -French airport group ADP reported on Friday a better-than-expected rise in first-quarter revenue, benefiti..
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NatWest first-quarter profit slumps 27% as savings, mortgage competition bite
By Lawrence White LONDON (Reuters) -NatWest’s first-quarter profit fell by a less than expected 27%, it said on Friday, hit by ..
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Tepid economic data weighs on equities; yen sinks to fresh lows
By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supp..
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UPS, FedEx transition to electric vans slowed by battery shortages, low supply
By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. suppl..
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Two million Britons suffer long COVID symptoms, survey shows
By David Milliken LONDON (Reuters) – Two million people across England and Scotland are still suffering from long COVID symptoms..
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Strategies for effective business cost management
Introduction In the fast-paced and competitive business landscape, effective cost management is crucial for long-term success and sust..
Business
Meta sparks tech selloff as AI splurge spooks Wall Street
By Aditya Soni and Kanchana Chakravarty (Reuters) -Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big technology..
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Repsol working on closing first “renewable asset rotation” in US – CEO
MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreemen..
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Delivery Hero ups revenue outlook on rising orders, ad revenue
By Linda Pasquini (Reuters) -German online food takeaway company Delivery Hero raised its revenue guidance for the year on Thursday on..
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Factbox-Anglo American, BHP mining operations around the world
Factbox-Anglo American, BHP mining operations around the world
(Reuters) – British multinational miner Anglo American on Thursday said it had received an all-share takeover proposal from the world’s la..
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China’s largest auto show showcases all-electric future, local brands dominate
By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) – China’s largest auto show opened in Beijing on T..
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Unilever beats quarterly sales growth forecasts
(Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s..
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