Saipem shares drop, group says cannot explain why
MILAN (Reuters) – Saipem does not have any information explaining Monday’s share movements, a spokesman for the Italian en..
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Love in a time of inflation: how much will Valentine’s Day set you back?
By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..
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Europe’s spend on energy crisis nears 800 billion euros
By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs ..
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Sterling edges lower ahead of key data
(Reuters) – Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from ..
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A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response
ANTAKYA/ISTANBUL (Reuters) – Kevser said she could hear her two sons trapped beneath the rubble of their collapsed apartment bui..
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France leans on retailers to help consumers cope with food prices
By Dominique Vidalon PARIS (Reuters) -France’s finance minister urged food retailers on Monday to do more to help consumers cope..
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Orpea shares jump on Q4 revenue and cash boost
PARIS (Reuters) – Shares in scandal-hit French care homes group Orpea surged on Monday after the company posted a nearly 8% rise..
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Be ‘really, really careful’ on inflation – Bank of England’s Haskel
LONDON (Reuters) – Bank of England interest rate-setter Jonathan Haskel said the BoE should be “really, really carefulR..
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Charles’s coronation emblem revealed, showing British king’s love of nature
The official emblem in English language of the coronation of Britain’s King Charles created by designer Jony Ive is ..
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VW to speed up electric shift in five-year plan
BERLIN (Reuters) -Volkswagen will speed up its shift to electric cars and revamp its software strategy in a five-year investment plan ..
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Yen trims gains as possible next BOJ governor says current policy appropriate
By Samuel Indyk LONDON (Reuters) – The yen strengthened on Friday, before trimming some of its gains, after Kazuo Ueda, the figu..
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First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered
SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday it was not curr..
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PayPal’s spending warning casts pall over upbeat forecast
By Manya Saini and Jaiveer Shekhawat (Reuters) – PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Th..
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Britain boosts aid for Syria, Turkey after earthquakes
LONDON (Reuters) – Britain is committing additional funding – at least 3 million pounds ($3.65 million) – to support..
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Algeria regains spot as Spain’s top natural gas source -Enagas
MADRID (Reuters) – Algeria regained its place as Spain’s main supplier of natural gas in January, providing a quarter of m..
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Jewellery maker Pandora to expand lab-made diamond range
By James Davey LONDON (Reuters) – Danish jewellery maker Pandora plans to expand its lab-made diamonds product range after custo..
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S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike
By Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign deb..
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France’s Macron awards Legion of Honour to Ukraine’s Zelenskiy
PARIS (Reuters) – President Emmanuel Macron has bestowed the Legion of Honour on Ukraine’s leader Volodymyr Zelenskiy duri..
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Big Oil doubles profits in blockbuster 2022
By Ron Bousso LONDON (Reuters) – Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a y..
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Italy’s MPS sees ‘safe habour’ ahead after strong quarter
By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating..
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Activision aims to help UK regulator ‘better understand our industry’
LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain’s..
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EU considers ban on ‘forever chemicals’, urges search for alternatives
By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a proposal to ban widely used, potentially harmful subst..
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From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..
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Turkey quake kills 912 in historic disaster, Erdogan says
ANKARA (Reuters) – At least 912 people were killed and more than 5,000 injured when a magnitude-7.8 earthquake struck southern T..
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Euro zone inflation seen just above ECB’s target in 2025, poll shows
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..
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Kering recruits Estee Lauder exec for push into cosmetics
PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..
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Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..
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TomTom raises 2023 revenue outlook as automotive drives Q4 beat
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..
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France seeks strategy as nuclear waste site risks saturation point
By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..
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Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..
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Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..
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Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..
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Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..
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Roche flags 2023 earnings decline on slump in COVID products
By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its h..
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Exclusive: Volvo readies EV blitz in biggest product revamp under Geely
By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blitz to convert all its mainstay models – three..
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UK and EU reach post-Brexit customs deal for N.Ireland-The Times
LONDON (Reuters) -Britain and the European Union have struck a customs deal that could help end post-Brexit wrangling over Northern Ir..
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Asia’s factory activity contracts despite China’s COVID reopening
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity contracted in January as the boost from China’s COVID reop..
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