Germany’s Fraport sees earnings boost on higher passenger volumes
(Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earni..
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Asian markets down, dollar up after weak China trade data
By Scott Murdoch SYDNEY (Reuters) – Asian share markets were mostly weaker on Tuesday but the dollar strode higher as investors ..
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UBS shuffles bank bosses in bid to better compete with Wall Street
LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of its investment banking division, including naming the unit’s M..
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TSMC to decide in favour of German factory on Tuesday – Handelsblatt
BERLIN (Reuters) – Taiwanese semiconductor manufacturer TSMC’s board of directors will decide in favour of building a fact..
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After heatwave, looming typhoon forces scouts to evacuate South Korea campsite
By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – Tens of thousands of youngsters will be evacuated from the campsite of the World..
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Heatwave caused higher than normal death rate in southern Italy
ROME (Reuters) – The central and southern regions of Italy recorded 7% more deaths than normal in July after a baking heatwave, ..
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BioNTech reduces drug development spend as COVID vaccine sales plunge
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Germany’s BioNTech, Pfizer’s partner on COVID-19 vaccines, cut it..
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German regulator rejects request for postage stamp price hike
BERLIN (Reuters) -Germany’s federal network regulator has rejected a request by postal service operator Deutsche Post to raise t..
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Miners drag London stocks lower; Unite Group slips
By Shreyashi Sanyal (Reuters) -The UK’s exporter-heavy FTSE 100 index dipped on Monday, weighed down by heavyweight miners, whil..
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German space firm OHB plans to delist as KKR takes minority stake
By Alexander Hübner BERLIN (Reuters) -Germany’s OHB on Monday said U.S. financial investor KKR was buying a minority stake in th..
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Russia to evacuate village for first lunar lander mission in half century
(Reuters) – Russia will evacuate a village in its far east on Aug. 11 as part of the launch of Russia’s first lunar lander..
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Oil holds steady near four-month high on OPEC+ cuts
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monday, but were still near their highest levels since mi..
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Dollar on guard as US inflation test looms
By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mixed U.S. jobs report provided little direct..
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Cycling-Men’s world championships race interrupted by climate protesters
By Martyn Herman GLASGOW (Reuters) -Protesters halted the elite men’s road race at the UCI World Championships for almost an hou..
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Huawei ban would cost German rail operator 400 million eur – Spiegel
BERLIN (Reuters) – Germany’s national railway operator would have to spend up to 400 million euros ($437.44 million) to re..
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Commerzbank shares slump on outlook, despite 20% profit rise
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s shares sank 5% on Friday, despite a big jump in net profit in t..
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EnBW sees FY adjusted EBITDA at upper end of forecast range
BERLIN (Reuters) – German utility EnBW confirmed its full-year outlook on Friday, with adjusted earnings before interest, taxes,..
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Germany’s Lanxess calls on government to help chemicals industry
By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess set out plans to cut costs on Friday and called on Ge..
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Credit Agricole beats estimates on insurance, consumer finance
By Mathieu Rosemain PARIS (Reuters) – Credit Agricole SA, France’s second-largest listed bank, reported better-than-expect..
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WPP lowers full-year forecast as tech clients curb spending
LONDON (Reuters) -WPP, the world’s biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0%..
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BNP Paribas lowers its Bank of England terminal rate forecast
(Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal rate forecast to 5.50% from a prior estimate of 5.7..
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UK’s July new car sales up more than 25%- SMMT
(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly ri..
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Dollar struggles before payrolls test; Aussie rebounds
By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The dollar hung back from a four-week high against major peers on Friday as..
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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s..
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German services sector loses momentum-PMI
BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the second consecutive month, due to a drop in d..
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Twitch Blinks First in Stand Off with its Users over New Branded Content Guidelines … What Lessons can be learned by Businesses Engaging Online Sponsors?
Patrick McCallum Gavin Chapman In this article, Patrick McCallum, Senior Associate, and Gavin ..
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Siemens Healthineers confirms outlook despite problems at Varian
(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..
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Taylor Wimpey expects full-year profits to halve amid housing gloom
By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast..
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UK lender Virgin Money sticks to annual outlook despite mortgage pressures
(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest marg..
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Stocks drop, Treasuries gain after Fitch downgrades US rating
By Xie Yu HONG KONG (Reuters) – Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpecte..
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Fresenius Medical forecasts smaller income decline as cost inflation eases
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Dialysis group Fresenius Medical Care on Wednesday said a possible ear..
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Analysis-Point of no return: Australians fight for the right to work from home permanently
By Byron Kaye SYDNEY (Reuters) – Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor th..
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BP to defend its rights in dispute with Venture Global LNG; other clients weigh options
LONDON/HOUSTON/LISBON (Reuters) -BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. e..
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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
(Reuters) – Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a ..
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European shares retreat as factory activity falters
By Sruthi Shankar (Reuters) -European stocks slipped on Tuesday, with the German DAX pulling back from record highs as shrinking facto..
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Spain’s factory activity shrinks again in July on weak demand -PMI
MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecutive month in July as domestic and foreign demand f..
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UK baker Greggs confident on 2023 after first-half growth
LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecasts for higher full-year profit after posting a 14% ..
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