Headlines

Hungary to consider fuel price intervention, says economy minister

Hungary to consider fuel price intervention, says economy minister

BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Central..

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group gross profit in the first three months of 2024 du..

Home improvement retailer Kingfisher names Claudia Arney as new chair

Home improvement retailer Kingfisher names Claudia Arney as new chair

LONDON (Reuters) – European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in Jun..

Analysis-Europe stands firm against US-driven ESG backlash

Analysis-Europe stands firm against US-driven ESG backlash

By Simon Jessop, Ross Kerber and Isla Binnie (Reuters) – Steady investor demand in Europe for environmental and socially respons..

ECB holds rates, signals rate cut on horizon

ECB holds rates, signals rate cut on horizon

LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thursday, but signalled that it may be preparing to eas..

Oil prices edge up on escalation in Middle East tensions

Oil prices edge up on escalation in Middle East tensions

By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session,..

Paris Olympics on track to hit NBC ad sales record after pandemic

Paris Olympics on track to hit NBC ad sales record after pandemic

By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUnivers..

U.N. climate chief says two years to save the planet

U.N. climate chief says two years to save the planet

By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take..

Companies get green light to use offsets for supply chain emissions

Companies get green light to use offsets for supply chain emissions

By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credit..

UK equities end volatile session higher as investors ponder rate outlook

UK equities end volatile session higher as investors ponder rate outlook

By Sruthi Shankar, Khushi Singh and Pranav Kashyap (Reuters) -UK equities closed Wednesday’s volatile session higher as investo..

European shares rebound from one-month low; ECB rate verdict up next

European shares rebound from one-month low; ECB rate verdict up next

By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high..

US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data

US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to i..

EU extends trade guide on Chinese distortions to new sectors

EU extends trade guide on Chinese distortions to new sectors

By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese..

UK’s Tesco forecasts profit rise as consumer sentiment improves

UK’s Tesco forecasts profit rise as consumer sentiment improves

By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early s..

Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..

M&C Saatchi expects 2024 profit to meet forecasts

M&C Saatchi expects 2024 profit to meet forecasts

(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings ini..

UK’s THG returns to revenue growth in Q4 on demand for beauty products

UK’s THG returns to revenue growth in Q4 on demand for beauty products

(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in ..

Puma hones focus on speed in Olympic battle with Adidas and Nike

Puma hones focus on speed in Olympic battle with Adidas and Nike

By Helen Reid PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with s..

Barry Callebaut operating profit falls 40% on transformation costs

Barry Callebaut operating profit falls 40% on transformation costs

(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wed..

Shocks in G20 emerging economies hit rich-world growth, IMF says

Shocks in G20 emerging economies hit rich-world growth, IMF says

By Libby George LONDON (Reuters) – Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the ..

World stocks mixed ahead of US inflation, metals soar

World stocks mixed ahead of US inflation, metals soar

By Tom Westbrook and Samuel Indyk LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation dat..

Flooding spreads in Russia, putting thousands more at risk

Flooding spreads in Russia, putting thousands more at risk

ORSK, Russia (Reuters) -Flood sirens blared out in two Russian cities on Tuesday, warning thousands more people to evacuate immediatel..

Italy cuts growth forecasts and says debt set to rise

Italy cuts growth forecasts and says debt set to rise

By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, r..

Daimler Truck Q1 sales drop 13% as markets normalize

Daimler Truck Q1 sales drop 13% as markets normalize

BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expec..

Italian hearing aid market lacks transparency, regulator says

Italian hearing aid market lacks transparency, regulator says

ROME (Reuters) – The retail market for hearing aids in Italy – dominated by domestic player Amplifon – lacks transpa..

Oil prices turn higher as Middle East ceasefire hopes wane

Oil prices turn higher as Middle East ceasefire hopes wane

By Colleen Howe and Andrew Hayley BEIJING (Reuters) -Oil prices rose on Tuesday after hopes diminished that negotiations between Israe..

Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall

Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall

(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7) LONDON (Reuters) – Consumers are becoming..

Stocks rise slightly as oil cools; Treasury yields touch 4-month high

Stocks rise slightly as oil cools; Treasury yields touch 4-month high

By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -Equity indexes rose slightly on Monday as U.S. bond yields hit their h..

Norwegian Cruise orders eight new ships, biggest order in its history

Norwegian Cruise orders eight new ships, biggest order in its history

By Doyinsola Oladipo NEW YORK (Reuters) -Norwegian Cruise Line Holdings has placed the largest ship order in its history to meet the ..

Big companies’ emissions goals are too weak, report says

Big companies’ emissions goals are too weak, report says

By Simon Jessop (Reuters) – The carbon emissions reduction targets of a group of the biggest listed companies are too weak colle..

US dollar skids ahead of inflation data; yen not far from 1990 lows

US dollar skids ahead of inflation data; yen not far from 1990 lows

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this ..

North America experiences total solar eclipse, starting at Mexican resort

North America experiences total solar eclipse, starting at Mexican resort

By Henry Romero, Joseph Ax and Brad Brooks MAZATLAN, Mexico (Reuters) -The first total solar eclipse to grace North America in seven ..

Eclipse boosts travel as Americans chase rare celestial event

Eclipse boosts travel as Americans chase rare celestial event

By Nathan Gomes, Deborah Mary Sophia and Akash Sriram (Reuters) -The upcoming solar eclipse is proving to be a good omen for travel f..

Euro zone investor morale hits two-year high in April

Euro zone investor morale hits two-year high in April

FRANKFURT (Reuters) – Investor morale in the euro zone improved for the sixth consecutive month in April to its highest level i..

Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice

Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice

By Nqobile Dludla JOHANNESBURG (Reuters) -French media group Vivendi’s Canal+ made an all-cash mandatory offer on Monday to buy..

HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says

HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says

By Sinead Cruise and Lawrence White LONDON (Reuters) – HSBC’s European chief is betting on rising regional wealth and ove..

Large UK companies see lowest uncertainty in nearly 3 years

Large UK companies see lowest uncertainty in nearly 3 years

By David Milliken LONDON (Reuters) – Concern among large British companies about economic uncertainty has fallen to its lowest s..