Headlines

Italy’s Iveco ups 2023 guidance after operating profit jump

Italy’s Iveco ups 2023 guidance after operating profit jump

(Reuters) – Italian truckmaker Iveco on Thursday raised its guidance for this ..

Bank of America opens Luxembourg branch in Europe funds push

Bank of America opens Luxembourg branch in Europe funds push

LONDON (Reuters) – Bank of America has hired former BNP Paribas banker Benoit ..

Canada unveils new passport design with more security features, nod to King Charles

Canada unveils new passport design with more security features, nod to King Charles

(Reuters) – Canada on Wednesday unveiled a new design for passports with advan..

Panasonic delays production of new Tesla battery to improve performance

Panasonic delays production of new Tesla battery to improve performance

SAN FRANCISCO/TOKYO (Reuters) – Panasonic said on Wednesday that it will delay..

Sterling hits five-month high against euro before BoE decision

Sterling hits five-month high against euro before BoE decision

LONDON, (Reuters) – The pound rose to a five-month high against the euro on We..

UK firms cut hiring of permanent staff, recruiters’ survey shows

UK firms cut hiring of permanent staff, recruiters’ survey shows

LONDON (Reuters) – British firms reduced hiring of permanent staff via recruit..

TUI sees summer travel demand ‘significantly’ lifting 2023 profit

TUI sees summer travel demand ‘significantly’ lifting 2023 profit

By Joanna Plucinska LONDON (Reuters) -German travel firm TUI said it expects strong ..

French retailer Casino’s shares slump 6% after S&P downgrade

French retailer Casino’s shares slump 6% after S&P downgrade

PARIS (Reuters) -Shares in French retailer Casino fell more than 6% on Wednesday aft..

Grocery retailer Ahold Delhaize sees Europe’s food inflation slowing

Grocery retailer Ahold Delhaize sees Europe’s food inflation slowing

(Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow..

ASOS reports first-half loss as shoppers cut back

ASOS reports first-half loss as shoppers cut back

LONDON (Reuters) -ASOS, Britain’s one-time poster child for the shift to onlin..

Dufry sales more than double on travel rebound, Autogrill acquisitionv

Dufry sales more than double on travel rebound, Autogrill acquisitionv

(Reuters) – Swiss duty-free retailer Dufry on Wednesday reported a 113.4% jump..

E.ON to hit upper end of 2023 outlook after strong Q1

E.ON to hit upper end of 2023 outlook after strong Q1

FRANKFURT (Reuters) -E.ON, Europe’s largest energy networks operator, expects ..

Eurovision 2023 opens with acts walking Liverpool’s ‘Turquoise Carpet’

Eurovision 2023 opens with acts walking Liverpool’s ‘Turquoise Carpet’

LIVERPOOL, England (Reuters) – Eurovision 2023 kicked off on Sunday when 37 co..

Britain’s JD Sports to buy France’s Courir in $572 million deal

Britain’s JD Sports to buy France’s Courir in $572 million deal

(Reuters) -JD Sports Fashion has proposed buying France’s Groupe Courir for an..

Italy’s MPS vows to keep delivering after sharp profit jump

Italy’s MPS vows to keep delivering after sharp profit jump

MILAN (Reuters) -Italy’s Monte dei Paschi di Siena (MPS) pledged on Tuesday to..

Ferrari CEO says e-fuel cars do not compromise carbon goals

Ferrari CEO says e-fuel cars do not compromise carbon goals

MILAN (Reuters) – Ferrari’s plans to continue building internal combusti..

K+S cuts 2023 profit outlook on slow recovery, lower potash prices

K+S cuts 2023 profit outlook on slow recovery, lower potash prices

(Reuters) – German potash and salt miner K+S on Tuesday cut its annual profit ..

Li-Cycle and Glencore unveil plans for recycling hub in Italy

Li-Cycle and Glencore unveil plans for recycling hub in Italy

(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned..

Cryptoverse-Tether gets a lift from stability doubts

Cryptoverse-Tether gets a lift from stability doubts

(Reuters) – Digital stablecoin tether is winning the race for the title of the..

Daimler Truck sees higher returns as supply chains, demand improve

Daimler Truck sees higher returns as supply chains, demand improve

BERLIN (Reuters) – Daimler Truck reported on Tuesday an adjusted return of sal..

PayPal adjusted margin forecast cut eclipses higher profit expectations

PayPal adjusted margin forecast cut eclipses higher profit expectations

By Manya Saini (Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual a..

Amazon offers shoppers $10 to pick up purchases as it targets delivery costs

Amazon offers shoppers $10 to pick up purchases as it targets delivery costs

By Lisa Baertlein LOS ANGELES (Reuters) – Amazon.com is offering customers $1..

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

By Supantha Mukherjee STOCKHOLM (Reuters) – Estonian ride-hailing and food del..

Oil climbs almost 3% as recession fears begin to fade

Oil climbs almost 3% as recession fears begin to fade

LONDON (Reuters) – Oil rose almost 3% on Monday as U.S. recession fears eased ..

Pound hits one-year high against struggling dollar

Pound hits one-year high against struggling dollar

SINGAPORE/LONDON (Reuters) – Sterling hit an over-one-year high against the do..

Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday suspe..

“A great treat”: King Charles heralds weekend of coronation celebrations

“A great treat”: King Charles heralds weekend of coronation celebrations

LONDON (Reuters) – King Charles thanked singers who performed at a coronation..

Italy open to selling down MPS stake on market if terms, buyers are right – sources

Italy open to selling down MPS stake on market if terms, buyers are right – sources

By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to..

German industrial output slumps, recession fears rise

German industrial output slumps, recession fears rise

By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expe..

Spain’s Grifols names current chairman as CEO, ending family leadership

Spain’s Grifols names current chairman as CEO, ending family leadership

By Joan Faus BARCELONA (Reuters) -Grifols said on Monday its executive chairman Thom..

Analysis-Battle for China’s electric SUV market heats up at home and abroad

Analysis-Battle for China’s electric SUV market heats up at home and abroad

SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicl..

King Charles greets wellwishers outside palace before coronation

King Charles greets wellwishers outside palace before coronation

LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishe..

World leaders gather in London for King Charles’ coronation

World leaders gather in London for King Charles’ coronation

  LONDON (Reuters) – King Charles will hold a reception on Friday for wor..

WHO declares end to COVID global health emergency

WHO declares end to COVID global health emergency

By Jennifer Rigby LONDON (Reuters) -COVID-19 no longer represents a global health em..

Analysis-Smoldering Iran nuclear crisis risks catching fire

Analysis-Smoldering Iran nuclear crisis risks catching fire

  WASHINGTON/PARIS/DUBAI (Reuters) – Even as the United States and its Eu..

World food prices rise for first time in a year- FAO

World food prices rise for first time in a year- FAO

ROME (Reuters) – The United Nations food agency’s world price index rose..

Adidas shares leap on results but CEO warns of bumpy year

Adidas shares leap on results but CEO warns of bumpy year

By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly resul..