Headlines

Geberit reports Q1 beat despite end of bathroom renovation boom

Geberit reports Q1 beat despite end of bathroom renovation boom

(Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported higher than ex..

Marketmind: RBA shock hike starts huge week for central banks

Marketmind: RBA shock hike starts huge week for central banks

A look at the day ahead in European and global markets from Asia markets correspond..

Logitech Q4 sales plunge 22% as economic downturn worries weigh

Logitech Q4 sales plunge 22% as economic downturn worries weigh

(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales ..

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on..

UK retailers report record food inflation but see falls ahead

UK retailers report record food inflation but see falls ahead

By David Milliken LONDON (Reuters) – Food prices at British supermarkets rose..

Historic Stone of Scone moved to London for King Charles’ coronation

Historic Stone of Scone moved to London for King Charles’ coronation

LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone u..

Bosch buys US semiconductor foundry to expand EV chip output

Bosch buys US semiconductor foundry to expand EV chip output

By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany’s Bosch ..

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has ..

Markets mixed as tech boosts US stock futures, Europe dips

Markets mixed as tech boosts US stock futures, Europe dips

By Naomi Rovnick LONDON (Reuters) – Global stock markets were mixed on Wednes..

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

(Reuters) -Finnish elevator maker Kone raised its 2023 sales outlook on Wednesday a..

Companies’ cost inflation is slowing but shoppers may wait for lower prices

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 ..

Tech CEOs wax poetic on AI, big adds to sales will take time

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 Alph..

Sacyr shortlists four bidders for its service, waste management unit – Expansion

Sacyr shortlists four bidders for its service, waste management unit – Expansion

MADRID (Reuters) – Spanish conglomerate Sacyr has shortlisted four firms as p..

Startup e-commerce platform Temu expands to Europe

Startup e-commerce platform Temu expands to Europe

By Casey Hall SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, o..

Beiersdorf benefits from bump in Nivea sales

Beiersdorf benefits from bump in Nivea sales

(Reuters) -Beiersdorf’s Nivea brand recorded 18% sales growth in the first qu..

Puma expects Q2 sales growth below full-year target

Puma expects Q2 sales growth below full-year target

(Reuters) – German sportswear maker Puma on Wednesday said it expected second..

Mercedes-Benz launches E-Class, its last new combustion engine model

Mercedes-Benz launches E-Class, its last new combustion engine model

BERLIN (Reuters) – Mercedes-Benz on Tuesday launched its last new combustion ..

Spotify’s monthly active users top 500 million, beat estimate

Spotify’s monthly active users top 500 million, beat estimate

By Supantha Mukherjee STOCKHOLM (Reuters) -Spotify Technology SA has crossed the ha..

Kremlin remains downbeat on state of Black Sea grain deal

Kremlin remains downbeat on state of Black Sea grain deal

(Reuters) – The Kremlin reaffirmed its position on Tuesday that the Black Sea..

BoE’s Broadbent says QE not to blame for surge in inflation

BoE’s Broadbent says QE not to blame for surge in inflation

LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadbent said central ..

Anglo American’s first-quarter copper output rises 28%

Anglo American’s first-quarter copper output rises 28%

LONDON (Reuters) -Anglo American’s overall first-quarter production rose 9% f..

KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback

KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback

By Richa Naidu LONDON (Reuters) – In a quarter that saw Nestle’s overal..

More banks join European instant payments pilot from end 2023

More banks join European instant payments pilot from end 2023

By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments se..

Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown

Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown

By Romolo Tosiani (Reuters) -Dutch recruitment firm Randstad reported better-than-ex..

ABB dispels industrial gloom to raise full-year outlook

ABB dispels industrial gloom to raise full-year outlook

By John Revill ZURICH (Reuters) -ABB Ltd raised its full-year outlook for sales and..

Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux

Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux

By Katherine Masters and Mimosa Spencer NEW YORK (Reuters) – The splashy reope..

Oil prices steady on uncertain global outlook and supply concerns

Oil prices steady on uncertain global outlook and supply concerns

By Noah Browning LONDON (Reuters) – Oil prices were steady on Monday as conce..

Britain sets up $125 million taskforce to drive AI

Britain sets up $125 million taskforce to drive AI

LONDON (Reuters) – Britain on Monday announced 100 million pounds ($124.5 mil..

Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy

Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy

By Marc Jones LONDON (Reuters) – France’s central bank governor Françoi..

German economy likely grew in Q1, beating expectations – Bundesbank

German economy likely grew in Q1, beating expectations – Bundesbank

FRANKFURT (Reuters) – The German economy is likely to have expanded in the la..

Bitcoin could hit $100,000 by end-2024, Standard Chartered says

Bitcoin could hit $100,000 by end-2024, Standard Chartered says

By Elizabeth Howcroft LONDON (Reuters) – Top cryptocurrency bitcoin could rea..

Factbox-Europe’s ongoing strike-related travel disruptions

Factbox-Europe’s ongoing strike-related travel disruptions

(Reuters) – Strikes in Europe could disrupt travel into the summer, as passen..

PIRC recommends vote for BP climate activist resolution

PIRC recommends vote for BP climate activist resolution

LONDON (Reuters) – Investor advisory firm PIRC on Monday recommended that BP ..

Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says

Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says

By Nell Mackenzie PARIS (Reuters) – The biggest threat to the economic outloo..

Norway sovereign fund backs Teck Resources in battle with Glencore

Norway sovereign fund backs Teck Resources in battle with Glencore

OSLO (Reuters) -Norway’s sovereign wealth fund, one of the world’s larg..

MG Motor launches plug-in hybrid option in Mexico as EV race heats up

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..

Marketmind: Purchasing managers of the world, diverge

Marketmind: Purchasing managers of the world, diverge

A look at the day ahead in European and global markets from Tom Westbrook A month-l..