Euro zone industry output falls sharply, with Ireland plunge
BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods plunged,..
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Record orders, strong sales drive strong Q2 for Siemens Energy
FRANKFURT (Reuters) -Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter..
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Oil slips as economic worries take focus off tighter supplies
By Florence Tan and Mohi Narayan (Reuters) -Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, ..
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France’s AXA Q1 sales rise 2% as property policy demand grows
PARIS (Reuters) -AXA, Europe’s second-biggest insurance company, said first quarter sales rose 2% from the same period a year ea..
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Analysis-Jet orders boom as airlines fear shortage
By Tim Hepher PARIS (Reuters) – Planemakers can’t build them but airlines can’t stop buying them. Even as they wrest..
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Oil prices head for fourth weekly drop as demand fears weigh
By Rowena Edwards LONDON (Reuters) -Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns in..
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G7 finance heads face tricky trade-off in debating steps to counter China
By Andrea Shalal and Christian Kraemer NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies will de..
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Orpea slides to annual loss of 4 billion euros on asset depreciation
By Diana Mandia and Federica Mileo (Reuters) -French nursing care provider Orpea, hit by multiple scandals including allegations of ma..
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UK finance minister Hunt: Good news the economy is growing
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt on Friday welcomed the latest GDP data which showed the economy ..
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Audit finds holes in ECB’s management of bank credit risk
FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especia..
News
With UK food price inflation at 46-year high, lawmakers launch probe
By James Davey LONDON (Reuters) – British lawmakers launched an investigation on Friday into the fairness of the country’s..
Headlines
Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale ..
Headlines
Shell shareholders urged by LAPFF to back climate activist’s resolution
By Shadia Nasralla LONDON (Reuters) – Shell shareholders should support a climate activist resolution at its annual general meet..
Investment
Nexi open to options as Banco BPM seeks partner
By Valentina Za MILAN (Reuters) -Italian payments giant Nexi is keen to enter partnerships with lenders and will adjust to their prefe..
Headlines
Swiss prepare to evacuate village threatened by vast landslide
BRIENZ, Switzerland (Reuters) – Swiss authorities have ordered residents to abandon a tiny mountain village in the eastern canto..
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France could tax food industry over high prices – finance minister
PARIS (Reuters) – The French government could use tax measures to claw back profits from the food industry if it does not accept..
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UK brings train operator TransPennine under temporary state control
LONDON (Reuters) -Britain said it will bring TransPennine Express under temporary government control as it cancelled its contract to o..
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Snam confirms guidance after rise in first quarter sales
MILAN (Reuters) – Italian gas grid operator Snam on Thursday confirmed its targets for this year after reporting a 13% year-on-y..
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Man Group picks all-female top team as CEO Ellis retires
By Iain Withers and Sinead Cruise LONDON (Reuters) – Man Group will be led by two women for the first time in its history by the..
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Italy’s Iveco ups 2023 guidance after operating profit jump
(Reuters) – Italian truckmaker Iveco on Thursday raised its guidance for this year, after posting a 63.4% rise in adjusted opera..
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Bank of America opens Luxembourg branch in Europe funds push
LONDON (Reuters) – Bank of America has hired former BNP Paribas banker Benoit Nevouet to be the manager of a newly created Luxem..
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Canada unveils new passport design with more security features, nod to King Charles
(Reuters) – Canada on Wednesday unveiled a new design for passports with advanced security features including a new series with ..
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Panasonic delays production of new Tesla battery to improve performance
SAN FRANCISCO/TOKYO (Reuters) – Panasonic said on Wednesday that it will delay the commercial production of its 4680 battery cel..
Headlines
Big Tech in banking: Not a threat but an opportunity for fintech
By Fernando Zandona, Chief Product and Technology Officer at Mambu Big Tech making an increasing presence within banking m..
Technology
How AI automation can transform the aid sector
Although the majority of attention rests on Artificial Intelligence applications in the private/for-profit sector, there is a vast sco..
Technology
Google takes wraps off its answer to Microsoft’s AI search challenge
By Jeffrey Dastin and Greg Bensinger MOUNTAIN VIEW, California (Reuters) -Alphabet Inc’s Google on Wednesday unveiled more artif..
Technology
Analysis-Investors’ route to post-COVID China is via Europe
LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by buying European companies with a focus ..
Investment
The importance of branding and strategic marketing for businesses
Successful branding can be the determining factor in whether a business succeeds or not. Good branding takes time to plan and put into..
Business
Sterling hits five-month high against euro before BoE decision
LONDON, (Reuters) – The pound rose to a five-month high against the euro on Wednesday as traders bet a rate hike from the Bank o..
Headlines
UK firms cut hiring of permanent staff, recruiters’ survey shows
LONDON (Reuters) – British firms reduced hiring of permanent staff via recruitment agencies at the fastest pace in more than two..
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TUI sees summer travel demand ‘significantly’ lifting 2023 profit
By Joanna Plucinska LONDON (Reuters) -German travel firm TUI said it expects strong revenue and higher profit in 2023 on the back of a..
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French retailer Casino’s shares slump 6% after S&P downgrade
PARIS (Reuters) -Shares in French retailer Casino fell more than 6% on Wednesday after Standard & Poor’s cut its long-term c..
Headlines
Grocery retailer Ahold Delhaize sees Europe’s food inflation slowing
(Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of this year, CEO Frans Muller..
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ASOS reports first-half loss as shoppers cut back
LONDON (Reuters) -ASOS, Britain’s one-time poster child for the shift to online fashion retailing, swung to a first-half loss, h..
Headlines
Dufry sales more than double on travel rebound, Autogrill acquisitionv
(Reuters) – Swiss duty-free retailer Dufry on Wednesday reported a 113.4% jump in its first-quarter turnover, beating market est..
Headlines
E.ON to hit upper end of 2023 outlook after strong Q1
FRANKFURT (Reuters) -E.ON, Europe’s largest energy networks operator, expects to hit the upper end of its profit outlook in 2023..
Headlines
Dollar eases before inflation data, with nagging worries over debt ceiling impasse
SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break ..
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