GSK raises profit outlook on strong vaccine, HIV drug sales
By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast on Wednesday on strong demand for its common respir..
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AI fuels cloud computing boom for tech giants
By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected s..
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Britain’s Next keeps profit guidance after first-quarter sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7..
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US spending on London real estate rebounds to highest in eight years
By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, d..
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Extreme heat shuts schools for millions, widening learning gaps worldwide
By Gloria Dickie and Ruma Paul (Reuters) -Hena Khan, a grade nine student in Dhaka, has struggled to focus on her studies this week as..
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Sensodyne-maker Haleon posts tepid sales as demand for some products cool off
(Reuters) -Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates on Wednesday, as volumes ..
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Investors scour the globe for shelter as Wall Street shakes
By Naomi Rovnick LONDON (Reuters) – Global investors are eyeing European and emerging market assets to protect themselves from f..
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US spending on London real estate rebounds to highest in eight years
LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by ..
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Microsoft to open first regional data centre in Thailand
BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thailand, the tech giant said on Wednesday, as it looks to bo..
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McDonald’s posts rare profit miss as customers turn picky
By Savyata Mishra (Reuters) -McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious co..
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Euro zone inflation steady in April, reinforcing ECB rate cut case
FRANKFURT (Reuters) – Euro zone inflation held steady as expected in April but a crucial indicator on underlying price pressures..
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Global banking regulators target mismanagement in handling risks from clients
By Huw Jones LONDON (Reuters) – Global banking regulators on Tuesday proposed stricter standards for banks when assessing risks ..
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Bank of England tweaks lifetime loss estimate for QE programme
By Andy Bruce (Reuters) – The Bank of England on Tuesday tweaked its estimates for the overall losses made by its quantitative e..
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Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast
By Ananya Mariam Rajesh (Reuters) -Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results a..
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TIMVERO: Empowering Banks to Embrace an AI-First Future (talking with company executives)
Banks are facing a critical challenge: how to seamlessly integrate data-driven insights into their day-to-day operations. This is wher..
Technology
Analysts cut EU carbon price forecasts on 2023 emission slump
By Susanna Twidale LONDON (Reuters) – Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026 follo..
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Oil down on Middle East talks while investors await Fed meeting
By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and e..
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Germany’s struggle to clean up its supply chains has lessons for Europe
By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – German engineering company BAUCH makes machines and engine components ou..
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Smiling King Charles visits cancer centre on his return to public duties
LONDON (Reuters) -A smiling and healthy-looking King Charles returned to public duties on Tuesday for the first time since he was diag..
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Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares
By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would cr..
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Cryptoverse: TON takes off on Telegram tie-up
By Elizabeth Howcroft (Reuters) – A coin called TON has leapt in value in recent months, with investors betting its integration ..
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Quotes: HSBC Chief Executive Quinn announces surprise retirement
(Reuters) – HSBC said on Tuesday its Chief Executive Noel Quinn will retire – a surprise departure by its hard-nosed leade..
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Thailand records nearly 12 million tourists in first four months
BANGKOK (Reuters) – Thailand recorded 11.95 million foreign tourist arrivals from the January to April 28 period, its tourism mi..
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L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal
(Reuters) – Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will take the French sk..
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Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years
ZURICH (Reuters) -Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesday..
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European stocks eke out gains after German inflation data; Deutsche Bank drops
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed below day highs on Monday after Germany reported higher-than-e..
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FTSE 100 extends record streak on company news
By Pranav Kashyap, Sruthi Shankar and Khushi Singh (Reuters) -Britain’s FTSE 100 extended its record rally for the fifth straigh..
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Oil falls on Middle East talks, dimming near-term US rate cut hopes
By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears..
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ECB’s Knot: increasingly confident about disinflation
FRANKFURT (Reuters) – Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the Europe..
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EU industry group downgrades steel demand forecast for 2024 again
LONDON (Reuters) – A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a m..
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U.S. stocks gain at top data-heavy week amid suspected yen intervention
NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Monday and the yen surged amid suspected interve..
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G7 reaches deal to exit from coal by 2035
By Francesca Landini TURIN (Reuters) -Energy ministers from the Group of Seven (G7) wealthy countries reached a deal to shut down thei..
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Soaring cocoa prices put spotlight on Hershey, Mondelez earnings
By Granth Vanaik (Reuters) – Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to ..
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Japanese yen surges against dollar on possible intervention
By Chuck Mikolajczak NEW YORK (Reuters) -Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low hi..
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G7 ministers to agree coal plants shutdown by 2030-2035, UK says
TURIN (Reuters) – Energy ministers from the Group of Seven (G7) wealthy countries have agreed to shut down coal-fired power plan..
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German inflation creeps up to 2.4% in April
By Maria Martinez BERLIN (Reuters) -German inflation rose slightly in April due to higher food prices and a smaller drop in energy pri..
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Oil prices steady on Hamas ceasefire talks
By Deep Kaushik Vakil (Reuters) – Oil prices were little changed on Monday as Israel-Hamas peace talks in Cairo tempered fears o..
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