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German perfume retailer Douglas plans $1.2 billion IPO by March end

German perfume retailer Douglas plans $1.2 billion IPO by March end

FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) initi..

Swiss National Bank loses $3.6 billion in 2023

Swiss National Bank loses $3.6 billion in 2023

ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank..

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

(Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with ..

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms

By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the ba..

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

By Leika Kihara SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely giv..

Oil rises almost 2% as markets await OPEC+ decision

Oil rises almost 2% as markets await OPEC+ decision

By Robert Harvey LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on sup..

German government needs TikTok, Scholz says, as AfD surges in polls

German government needs TikTok, Scholz says, as AfD surges in polls

By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – German Chancellor Olaf Scholz said he wants the government to open an accou..

China approves plan aimed at spurring investment and spending

China approves plan aimed at spurring investment and spending

BEIJING (Reuters) -China’s cabinet on Friday approved a plan aimed at promoting large-scale equipment upgrades and sales of con..

Stocks hold at record highs as traders bet on rate cuts

Stocks hold at record highs as traders bet on rate cuts

By Naomi Rovnick and Stella Qiu LONDON SYDNEY (Reuters) -Global shares drifted around record highs on Friday after U.S. and euro zone..

TABBit secures £320,000 investment to help friends manage their shared expenses

TABBit secures £320,000 investment to help friends manage their shared expenses

London, United Kingdom – 29 February, 2024, 12:00PM GMT – TABBit, a London based fintech startup, making it possible for friends to m..

Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook

Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook

By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year ..

Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook

Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook

By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year ..

Strikes bring public transport to near standstill across Germany

Strikes bring public transport to near standstill across Germany

BERLIN (Reuters) – Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week..

Strikes bring public transport to near standstill across Germany

Strikes bring public transport to near standstill across Germany

BERLIN (Reuters) – Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week ..

Rightmove plans to expand non-core businesses; shares fall on customer outlook

Rightmove plans to expand non-core businesses; shares fall on customer outlook

By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, ..

Rightmove plans to expand non-core businesses; shares fall on customer outlook

Rightmove plans to expand non-core businesses; shares fall on customer outlook

By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, ..

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms

By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the ba..

How portfolio landlords can get the best out of 2024

How portfolio landlords can get the best out of 2024

Author: Jonathan Daines, Founder and CEO, lettingaproperty.com  Landlords who own multiple properties in the UK have reve..

Acerinox sees steel market improving after 2023 profit more than halves

Acerinox sees steel market improving after 2023 profit more than halves

By Matteo Allievi and Natalia Siniawski (Reuters) -Spanish steelmaker Acerinox said on Thursday it expects demand for steel to start r..

Equities gain on in-line US inflation, Treasury yields dip

Equities gain on in-line US inflation, Treasury yields dip

By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -The S&P 500 and Nasdaq closed at record highs and the global equity inde..

Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand

Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand

(Reuters) – Hewlett Packard Enterprise on Thursday forecast second-quarter revenue below Wall Street estimates, as businesses sc..

Dell forecasts upbeat fiscal 2025 on AI server demand

Dell forecasts upbeat fiscal 2025 on AI server demand

By Jaspreet Singh (Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday, betting on..

UK’s Rwanda plan for asylum seekers could cost more than 600 million pounds

UK’s Rwanda plan for asylum seekers could cost more than 600 million pounds

By Andrew MacAskill LONDON (Reuters) – The British government’s controversial plan to send asylum seekers to Rwanda might..

Bitcoin barrels to best month since 2020, Wall Street points higher after PCE

Bitcoin barrels to best month since 2020, Wall Street points higher after PCE

By Marc Jones LONDON (Reuters) – World stocks were near record highs on Thursday amid a monthly round of European and U.S. infl..

AirAsia operator Capital A records loss in Q4 as higher costs weigh

AirAsia operator Capital A records loss in Q4 as higher costs weigh

By Rishav Chatterjee (Reuters) -The parent company of Malaysian budget airline AirAsia, Capital A, on Thursday, reported a loss for t..

German inflation eases to 2.7% in February, as expected

German inflation eases to 2.7% in February, as expected

By Miranda Murray BERLIN (Reuters) -Cheaper energy prices pushed German inflation down to 2.7% in February, according to data on Thur..

Euro zone inflation dips but stubborn core prices may worry ECB

Euro zone inflation dips but stubborn core prices may worry ECB

FRANKFURT (Reuters) -Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start eas..

Grifols’ shares tumble as restructuring costs hit annual profit

Grifols’ shares tumble as restructuring costs hit annual profit

By Joan Faus BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 ..

CMA CGM caps logistics push with $5 billion Bollore deal

CMA CGM caps logistics push with $5 billion Bollore deal

By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ev..

Analysis-Bayer investors weigh need for cash call amid stifling debt

Analysis-Bayer investors weigh need for cash call amid stifling debt

By Ludwig Burger and Emma-Victoria Farr FRANKFURT (Reuters) – Bayer may have to ask shareholders for fresh capital to shore up i..

Beiersdorf warns of slowing sales growth amid soft demand

Beiersdorf warns of slowing sales growth amid soft demand

By Matthias Inverardi and Linda Pasquini (Reuters) -Nivea maker Beiersdorf on Thursday forecast a slowdown in organic sales growth in ..

South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems

South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems

By Hyonhee Shin and Joyce Lee SEOUL (Reuters) -South Korean President Yoon Suk Yeol met Meta’s CEO Mark Zuckerberg on Thursday f..

Semiconductor parts maker Aixtron sees further sales growth after Q4 beat

Semiconductor parts maker Aixtron sees further sales growth after Q4 beat

(Reuters) – German chipmaking tools manufacturer Aixtron on Thursday forecast further revenue growth for 2024, driven by growin..

Covestro cancels dividend after lower earnings in challenging 2023

Covestro cancels dividend after lower earnings in challenging 2023

(Reuters) -German chemicals maker Covestro on Thursday said it decided not to pay dividends for 2023 after its annual core earnings d..

Consumer health giant Haleon sees higher revenue in 2024

Consumer health giant Haleon sees higher revenue in 2024

(Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected higher revenue in 2024, thanks to firm demand for it..

France backs global minimum tax on billionaires at G20

France backs global minimum tax on billionaires at G20

PARIS (Reuters) – France wants a new push for a global minimum tax on the super-rich, building on the success of a 15% minimum ..