Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO
SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named its finance chief Vanessa Hudson to..
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UK retailers report record food inflation but see falls ahead
By David Milliken LONDON (Reuters) – Food prices at British supermarkets rose 15.7% in the year to April, the biggest annual in..
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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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Bosch buys US semiconductor foundry to expand EV chip output
By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany’s Bosch Group has agreed to buy key assets of California c..
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Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business
STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has initiated a strategic review of its stake in China..
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Markets mixed as tech boosts US stock futures, Europe dips
By Naomi Rovnick LONDON (Reuters) – Global stock markets were mixed on Wednesday as recession fears and banking sector strain w..
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Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts
(Reuters) -Finnish elevator maker Kone raised its 2023 sales outlook on Wednesday after its first-quarter profit beat market expectat..
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Companies’ cost inflation is slowing but shoppers may wait for lower prices
By Richa Naidu and Dominique Vidalon LONDON/PARIS (Reuters) -The world’s top consumer goods companies, making everything from i..
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Tech CEOs wax poetic on AI, big adds to sales will take time
By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intel..
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Sacyr shortlists four bidders for its service, waste management unit – Expansion
MADRID (Reuters) – Spanish conglomerate Sacyr has shortlisted four firms as potential buyers of its service and waste managemen..
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Startup e-commerce platform Temu expands to Europe
By Casey Hall SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings has started selling to Europe..
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Beiersdorf benefits from bump in Nivea sales
(Reuters) -Beiersdorf’s Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German fi..
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Puma expects Q2 sales growth below full-year target
(Reuters) – German sportswear maker Puma on Wednesday said it expected second-quarter sales to grow at a low- to mid-single-dig..
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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-..
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Spotify’s monthly active users top 500 million, beat estimate
By Supantha Mukherjee STOCKHOLM (Reuters) -Spotify Technology SA has crossed the half billion mark for monthly active users for the f..
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Kremlin remains downbeat on state of Black Sea grain deal
(Reuters) – The Kremlin reaffirmed its position on Tuesday that the Black Sea grain deal is not working for Moscow, a day after..
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BoE’s Broadbent says QE not to blame for surge in inflation
LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadbent said central banks should not ignore measures of money supply b..
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Anglo American’s first-quarter copper output rises 28%
LONDON (Reuters) -Anglo American’s overall first-quarter production rose 9% from a year earlier, helped by a 28% jump in copper..
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KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback
By Richa Naidu LONDON (Reuters) – In a quarter that saw Nestle’s overall sales volumes dip, the KitKat maker’s cand..
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More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of 2023 said on Tuesd..
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Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown
By Romolo Tosiani (Reuters) -Dutch recruitment firm Randstad reported better-than-expected first-quarter core earnings on Tuesday, des..
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ABB dispels industrial gloom to raise full-year outlook
By John Revill ZURICH (Reuters) -ABB Ltd raised its full-year outlook for sales and profit outlook on Tuesday after the Swiss enginee..
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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux
By Katherine Masters and Mimosa Spencer NEW YORK (Reuters) – The splashy reopening of Tiffany & Co’s flagship store on the c..
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Bridging the Gender Gap: Empowering UK’s Female Tech Entrepreneurs for a More Inclusive Future
By DONIA YOUSSEF, Author & Producer of The Monster Series The world of technology is no stranger to gender disparities. Wh..
Technology
Five ways to easily boost the number of repeat customers at your small business
By Peter Wasmer, Founder & CEO, Pure Coastal Technologies, Inc. As a small business owner, chances are that youR..
Business
Improve quality control at your small business without hiring more employees
By Peter Wasmer, Founder & CEO, Pure Coastal Technologies, Inc. Quality control is an essential part of any success..
Business
Oil prices steady on uncertain global outlook and supply concerns
By Noah Browning LONDON (Reuters) – Oil prices were steady on Monday as concern over rising interest rates, the global economy ..
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Britain sets up $125 million taskforce to drive AI
LONDON (Reuters) – Britain on Monday announced 100 million pounds ($124.5 million) in initial funding for a taskforce to help d..
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Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy
By Marc Jones LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criti..
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German economy likely grew in Q1, beating expectations – Bundesbank
FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, ..
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Bitcoin could hit $100,000 by end-2024, Standard Chartered says
By Elizabeth Howcroft LONDON (Reuters) – Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered..
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Factbox-Europe’s ongoing strike-related travel disruptions
(Reuters) – Strikes in Europe could disrupt travel into the summer, as passengers numbers globally recover to pre-pandemic leve..
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PIRC recommends vote for BP climate activist resolution
LONDON (Reuters) – Investor advisory firm PIRC on Monday recommended that BP shareholders vote against the company’s chai..
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Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says
By Nell Mackenzie PARIS (Reuters) – The biggest threat to the economic outlook is a credit squeeze that has not finished filter..
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Dollar heads for first weekly gain since February
By Amanda Cooper LONDON (Reuters) – The dollar headed for its first weekly gain in nearly two months on Friday as investors rai..
News
Norway sovereign fund backs Teck Resources in battle with Glencore
OSLO (Reuters) -Norway’s sovereign wealth fund, one of the world’s largest investors, said on Friday it will support a pl..
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MG Motor launches plug-in hybrid option in Mexico as EV race heats up
By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said on Thursday, as ..
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