ABB dispels industrial gloom to raise full-year outlook
ZURICH (Reuters) -ABB Ltd raised its full-year outlook for sales and profit outlook on Tuesday after the Swiss engineering and technol..
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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux
NEW YORK (Reuters) – The splashy reopening of Tiffany & Co’s flagship store on the corner of Fifth Avenue and East 57th Stre..
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Business development trends to boost your company’s growth (2023)
My name is Matt Little, an entrepreneur, and co-owner of co-owner of Damien McEvoy. As an entrepreneur, I’m aware of the importa..
Business
Why are legal technologies a gateway for business success?
The current business landscape is competitive. CEOs must manage social and economic change, while also embracing digital transformati..
Technology
Plasma waters CEO Robert Hardt on connecting science and technology with social and environmental challenges
Food production needs to increase by 70% by 2050 on a global level, according to the Food and Agriculture Organization of ..
Technology
Oil prices steady on uncertain global outlook and supply concerns
By Noah Browning LONDON (Reuters) – Oil prices were steady on Monday as concern over rising interest rates, the global economy a..
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Britain sets up $125 million taskforce to drive AI
LONDON (Reuters) – Britain on Monday announced 100 million pounds ($124.5 million) in initial funding for a taskforce to help de..
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Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy
LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criticism of central..
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German economy likely grew in Q1, beating expectations – Bundesbank
FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, t..
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Bitcoin could hit $100,000 by end-2024, Standard Chartered says
By Elizabeth Howcroft LONDON (Reuters) – Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered ..
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Factbox-Europe’s ongoing strike-related travel disruptions
(Reuters) – Strikes in Europe could disrupt travel into the summer, as passengers numbers globally recover to pre-pandemic level..
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PIRC recommends vote for BP climate activist resolution
LONDON (Reuters) – Investor advisory firm PIRC on Monday recommended that BP shareholders vote against the company’s chair..
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Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says
By Nell Mackenzie PARIS (Reuters) – The biggest threat to the economic outlook is a credit squeeze that has not finished filteri..
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Dollar heads for first weekly gain since February
By Amanda Cooper LONDON (Reuters) – The dollar headed for its first weekly gain in nearly two months on Friday as investors rais..
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Norway sovereign fund backs Teck Resources in battle with Glencore
OSLO (Reuters) -Norway’s sovereign wealth fund, one of the world’s largest investors, said on Friday it will support a pla..
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MG Motor launches plug-in hybrid option in Mexico as EV race heats up
By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said on Thursday, as t..
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Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any furthe..
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German govt to slightly raise 2023 GDP forecast – sources
BERLIN (Reuters) -The German government is set to slightly raise its economic growth forecast for this year to 0.4% from its previousl..
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Siemens Energy signs 7-billion-eur offshore power deal with TenneT
BERLIN (Reuters) – Siemens Energy has won contracts worth almost 7 billion euros ($7.68 billion) as part of a consortium with Sp..
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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 billion euros ($2.2 billion) expanding in the United..
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PGE signs wind turbine supply deal for Baltica 2
GDANSK (Reuters) – Poland’s biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Game..
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Investors warn big consumer firms over price hikes as competitors gain
By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumer goods companies like P&G, Unilever and Nestle shoul..
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GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it..
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Analysis-Crisis radar falls on fault lines in Europe’s commercial property
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – European banks appear better positioned than U.S. peers to weather any ..
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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% in the first quarter thanks to a rebound in sales..
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German automakers fight to defend their turf from Chinese rivals
SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top o..
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IBM beats first-quarter profit estimates, signals demand holding up
By Chavi Mehta (Reuters) -IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT serv..
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Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit
LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the interest expressed by Lufthansa in the upcoming privatis..
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Five ways to recession-proof your business
Vincent Nair, executive chairman and CEO of SMARTECH Business Systems As the rumblings of a global recession grow..
Business
Why performance marketing is important – and how to measure it
Arunabh Madhur, Madhur, Regional VP & Head Business EMEA at SHAREit Group. The evolving business landscape, and chang..
Business
Why UK healthtech is the next unicorn hub for investors to watch
In the United Kingdom, the healthtech sector has experienced a rapid growth in investment, with investment skyrocketing from a mere $4..
Technology
EU lawmakers back ban on goods linked to deforestation
By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark deforestation law on Wednesday to ban imports into the ..
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Testing waters, Hungary’s central bank flags cut in top end of rate corridor
By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s central bank could cut its 25% top collateralised loan ..
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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 the steady improvement in business and consumer se..
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UK’s Heathrow, airlines appeal regulator’s landing fee cut
By Sarah Young LONDON (Reuters) -A cut to the fees Britain’s Heathrow can charge airlines faces separate appeals from the airpor..
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TIM shares slide as reported grid bids disappoint
ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on Wednesday on disappointment at the reported valuat..
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Heineken sees Europe resilience offseting Asia slowdown risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expa..
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