Headlines

German govt to slightly raise 2023 GDP forecast – sources

German govt to slightly raise 2023 GDP forecast – sources

By Holger Hansen BERLIN (Reuters) -The German government is set to slightly raise i..

Siemens Energy signs 7-billion-eur offshore power deal with TenneT

Siemens Energy signs 7-billion-eur offshore power deal with TenneT

BERLIN (Reuters) – Siemens Energy has won contracts worth almost 7 billion eu..

IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair

IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair

By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 b..

PGE signs wind turbine supply deal for Baltica 2

PGE signs wind turbine supply deal for Baltica 2

GDANSK (Reuters) – Poland’s biggest utility PGE said on Thursday a unit..

Investors warn big consumer firms over price hikes as competitors gain

Investors warn big consumer firms over price hikes as competitors gain

By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumer good..

GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view

GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view

(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue gro..

Analysis-Crisis radar falls on fault lines in Europe’s commercial property

Analysis-Crisis radar falls on fault lines in Europe’s commercial property

By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – European banks appea..

Renault revenues rise 30% in Q1 on higher sales and prices

Renault revenues rise 30% in Q1 on higher sales and prices

PARIS (Reuters) -French car maker Renault said on Thursday revenues had grown by 30..

German automakers fight to defend their turf from Chinese rivals

German automakers fight to defend their turf from Chinese rivals

SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shangh..

IBM beats first-quarter profit estimates, signals demand holding up

IBM beats first-quarter profit estimates, signals demand holding up

By Chavi Mehta (Reuters) -IBM Corp beat Wall Street expectations for first-quarter ..

Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit

Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit

LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the intere..

EU lawmakers back ban on goods linked to deforestation

EU lawmakers back ban on goods linked to deforestation

By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark defor..

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s cent..

Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane

Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane

DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but ..

UK’s Heathrow, airlines appeal regulator’s landing fee cut

UK’s Heathrow, airlines appeal regulator’s landing fee cut

By Sarah Young LONDON (Reuters) -A cut to the fees Britain’s Heathrow can cha..

TIM shares slide as reported grid bids disappoint

TIM shares slide as reported grid bids disappoint

ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on..

Heineken sees Europe resilience offseting Asia slowdown risk

Heineken sees Europe resilience offseting Asia slowdown risk

By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 ..

Oil dips as potential Fed rate hike overshadows falling stocks

Oil dips as potential Fed rate hike overshadows falling stocks

By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weig..

Just Eat Takeaway raises 2023 guidance, launches buyback

Just Eat Takeaway raises 2023 guidance, launches buyback

By Tristan Veyet and Laura Lenkiewicz (Reuters) -Just Eat Takeaway.com NV raised it..

Allianz puts N26 stake up for sale at $3 billion valuation – FT

Allianz puts N26 stake up for sale at $3 billion valuation – FT

(Reuters) – A unit of Allianz SE has put about 5% of its stake in German onli..

US FTC leaders will target AI that violates civil rights or is deceptive

US FTC leaders will target AI that violates civil rights or is deceptive

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on T..

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) -The U.S. and Britain should ..

France’s Macron promises government action plan in next 100 days

France’s Macron promises government action plan in next 100 days

By Michel Rose PARIS (Reuters) -French President Emmanuel Macron on Monday gave him..

Business insolvency in England and Wales soars in March

Business insolvency in England and Wales soars in March

LONDON (Reuters) – More companies in England and Wales entered insolvency dur..

Germany added 35% more electric car charge points in 2022, says BDEW

Germany added 35% more electric car charge points in 2022, says BDEW

FRANKFURT (Reuters) – The number of electric vehicle charging points in Germa..

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-base..

UK unemployment edges up but pay growth beats forecasts

UK unemployment edges up but pay growth beats forecasts

By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpect..

Takeover-target THG misses downgraded 2022 earnings guidance

Takeover-target THG misses downgraded 2022 earnings guidance

LONDON (Reuters) – THG, the online retail platform that said on Monday it had..

UBS makes changes to buyback programme following Credit Suisse takeover

UBS makes changes to buyback programme following Credit Suisse takeover

ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share..

Ericsson’s quarterly core profit misses expectations

Ericsson’s quarterly core profit misses expectations

STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core..

Northvolt and Scania unveil battery for heavy trucks

Northvolt and Scania unveil battery for heavy trucks

STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tue..

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resourc..

Britain seeks to boost banking services from fintechs

Britain seeks to boost banking services from fintechs

By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on ..

Agnellis’ Exor eyes further healthcare investment for expansion

Agnellis’ Exor eyes further healthcare investment for expansion

By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agn..

Shareholder group ISS backs Barclays board over former CEO Staley

Shareholder group ISS backs Barclays board over former CEO Staley

By Sinead Cruise LONDON (Reuters) -Institutional Shareholder Services (ISS) has rec..

Sega Sammy says it is considering buying Angry Birds maker Rovio

Sega Sammy says it is considering buying Angry Birds maker Rovio

TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was..

Volkswagen to partner on Indonesia EV battery ecosystem -minister

Volkswagen to partner on Indonesia EV battery ecosystem -minister

JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ec..