Record orders, strong sales drive strong Q2 for Siemens Energy
By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Siemens Energy, which supplies equipment and services to the power sector..
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Oil slips as economic worries take focus off tighter supplies
Oil slips as economic worries take focus off tighter supplies
By Florence Tan and Mohi Narayan (Reuters) -Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, the United State..
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France’s AXA Q1 sales rise 2% as property policy demand grows
PARIS (Reuters) -AXA, Europe’s second-biggest insurance company, said first quarter sales rose 2% from the same period a year e..
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Analysis-Jet orders boom as airlines fear shortage
By Tim Hepher PARIS (Reuters) – Planemakers can’t build them but airlines can’t stop buying them. Even as they wres..
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Oil prices head for fourth weekly drop as demand fears weigh
By Rowena Edwards LONDON (Reuters) -Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns i..
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G7 finance heads face tricky trade-off in debating steps to counter China
By Andrea Shalal and Christian Kraemer NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies will d..
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Orpea slides to annual loss of 4 billion euros on asset depreciation
By Diana Mandia and Federica Mileo (Reuters) -French nursing care provider Orpea, hit by multiple scandals including allegations of m..
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UK finance minister Hunt: Good news the economy is growing
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt on Friday welcomed the latest GDP data which showed the economy..
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With UK food price inflation at 46-year high, lawmakers launch probe
By James Davey LONDON (Reuters) – British lawmakers launched an investigation on Friday into the fairness of the country’..
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Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale..
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Nexi open to options as Banco BPM seeks partner
By Valentina Za MILAN (Reuters) -Italian payments giant Nexi is keen to enter partnerships with lenders and will adjust to their pref..
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Swiss prepare to evacuate village threatened by vast landslide
BRIENZ, Switzerland (Reuters) – Swiss authorities have ordered residents to abandon a tiny mountain village in the eastern cant..
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France could tax food industry over high prices – finance minister
PARIS (Reuters) – The French government could use tax measures to claw back profits from the food industry if it does not accep..
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UK brings train operator TransPennine under temporary state control
LONDON (Reuters) -Britain said it will bring TransPennine Express under temporary government control as it cancelled its contract to o..
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Snam confirms guidance after rise in first quarter sales
MILAN (Reuters) – Italian gas grid operator Snam on Thursday confirmed its targets for this year after reporting a 13% year-on-y..
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Man Group picks all-female top team as CEO Ellis retires
By Iain Withers and Sinead Cruise LONDON (Reuters) – Man Group will be led by two women for the first time in its history by the..
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Italy’s Iveco ups 2023 guidance after operating profit jump
(Reuters) – Italian truckmaker Iveco on Thursday raised its guidance for this year, after posting a 63.4% rise in adjusted opera..
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Bank of America opens Luxembourg branch in Europe funds push
LONDON (Reuters) – Bank of America has hired former BNP Paribas banker Benoit Nevouet to be the manager of a newly created Luxe..
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Canada unveils new passport design with more security features, nod to King Charles
By Jenna Zucker (Reuters) – Canada on Wednesday unveiled a new design for passports with advanced security features including a..
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Panasonic delays production of new Tesla battery to improve performance
By Hyunjoo Jin and Kiyoshi Takenaka SAN FRANCISCO/TOKYO (Reuters) – Panasonic said on Wednesday that it will delay the commerci..
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UK firms cut hiring of permanent staff, recruiters’ survey shows
LONDON (Reuters) – British firms reduced hiring of permanent staff via recruitment agencies at the fastest pace in more than tw..
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TUI sees summer travel demand ‘significantly’ lifting 2023 profit
By Joanna Plucinska LONDON (Reuters) -German travel firm TUI said it expects strong revenue and higher profit in 2023 on the back of ..
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French retailer Casino’s shares slump 6% after S&P downgrade
PARIS (Reuters) -Shares in French retailer Casino fell more than 6% on Wednesday after Standard & Poor’s cut its long-term ..
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Grocery retailer Ahold Delhaize sees Europe’s food inflation slowing
(Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of this year, CEO Frans Mulle..
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ASOS reports first-half loss as shoppers cut back
LONDON (Reuters) -ASOS, Britain’s one-time poster child for the shift to online fashion retailing, swung to a first-half loss, ..
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Dufry sales more than double on travel rebound, Autogrill acquisitionv
(Reuters) – Swiss duty-free retailer Dufry on Wednesday reported a 113.4% jump in its first-quarter turnover, beating market es..
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E.ON to hit upper end of 2023 outlook after strong Q1
FRANKFURT (Reuters) -E.ON, Europe’s largest energy networks operator, expects to hit the upper end of its profit outlook in 2023..
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Dollar eases before inflation data, with nagging worries over debt ceiling impasse
By Rae Wee SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers faile..
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Eurovision 2023 opens with acts walking Liverpool’s ‘Turquoise Carpet’
LIVERPOOL, England (Reuters) – Eurovision 2023 kicked off on Sunday when 37 contenders walked the “Turquoise Carpet”..
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Britain’s JD Sports to buy France’s Courir in $572 million deal
(Reuters) -JD Sports Fashion has proposed buying France’s Groupe Courir for an enterprise value of 520 million euros ($572 mill..
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Italy’s MPS vows to keep delivering after sharp profit jump
By Valentina Za MILAN (Reuters) -Italy’s Monte dei Paschi di Siena (MPS) pledged on Tuesday to maintain the state-owned bank..
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Ferrari CEO says e-fuel cars do not compromise carbon goals
MILAN (Reuters) – Ferrari’s plans to continue building internal combustion engine cars powered by so called e-fuels does ..
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K+S cuts 2023 profit outlook on slow recovery, lower potash prices
(Reuters) – German potash and salt miner K+S on Tuesday cut its annual profit outlook on a slower than expected recovery in dem..
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Li-Cycle and Glencore unveil plans for recycling hub in Italy
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along with Sw..
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Cryptoverse-Tether gets a lift from stability doubts
By Tom Wilson and Vidya Ranganathan (Reuters) – Digital stablecoin tether is winning the race for the title of the crypto world..
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Daimler Truck sees higher returns as supply chains, demand improve
BERLIN (Reuters) – Daimler Truck reported on Tuesday an adjusted return of sales of 8.8% in the first quarter of the year, up f..
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PayPal adjusted margin forecast cut eclipses higher profit expectations
By Manya Saini (Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual adjusted operating margin, overshadowing its profi..
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