NEWS

Julius Baer reports 18% H1 net profit rise

Julius Baer reports 18% H1 net profit rise

Julius Baer reports 18% H1 net profit rise ZURICH (Reuters) -Swiss private bank Julius Baer reported an 18% increase in net profit for..

Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays

Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays

Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($7..

Yen pressured as traders wait on policy decisions

Yen pressured as traders wait on policy decisions

Yen pressured as traders wait on policy decisions By Tom Westbrook SYDNEY (Reuters) – The dollar and euro made firm starts on Mo..

UK’s EasyJet says it is operating flights as normal to Rhodes

UK’s EasyJet says it is operating flights as normal to Rhodes

UK’s EasyJet says it is operating flights as normal to Rhodes LONDON (Reuters) -Britain’s easyJet said on Sunday it was op..

Russian central bank governor speaks after hiking rate to 8.5%

Russian central bank governor speaks after hiking rate to 8.5%

Russian central bank governor speaks after hiking rate to 8.5% (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her depu..

Introducing Janus, the exotic ‘two-faced’ white dwarf star

Introducing Janus, the exotic ‘two-faced’ white dwarf star

Introducing Janus, the exotic ‘two-faced’ white dwarf star By Will Dunham WASHINGTON (Reuters) – Some people are two..

Nokian Tyres profit tumbles amid Russian exit, shares fall

Nokian Tyres profit tumbles amid Russian exit, shares fall

Nokian Tyres profit tumbles amid Russian exit, shares fall HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp..

UK consumers defy high inflation and shop more in June

UK consumers defy high inflation and shop more in June

By David Milliken LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks to..

Extreme heatwaves to continue through August, WMO adviser says

Extreme heatwaves to continue through August, WMO adviser says

GENEVA (Reuters) – Heatwaves are expected to persist in a large part of the world throughout August, an adviser on extreme heat ..

Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop

Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop

Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop By Gwladys Fouche OSLO (Reuters) -Aluminium producer Hydro raise..

Lonza cuts 2023 outlook on slower growth, lower customer demand

Lonza cuts 2023 outlook on slower growth, lower customer demand

Lonza cuts 2023 outlook on slower growth, lower customer demand By Bartosz Dabrowski (Reuters) – Swiss contract drug manufacture..

UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader

UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader

UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader LONDON (Reuters) –..

Global miner Anglo American’s first-half production surges 42%

Global miner Anglo American’s first-half production surges 42%

Global miner Anglo American’s first-half production surges 42% LONDON (Reuters) – Global miner Anglo American said on Thur..

Asia stocks nudge higher, gains capped by China worries

Asia stocks nudge higher, gains capped by China worries

Asia stocks nudge higher, gains capped by China worries By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched higher on Th..

ABB sees robust activity as Q2 profit beats forecasts

ABB sees robust activity as Q2 profit beats forecasts

ABB sees robust activity as Q2 profit beats forecasts ZURICH (Reuters) -ABB said customer activity remained “robust” durin..

Netflix quarterly revenue misses forecasts, shares slide

Netflix quarterly revenue misses forecasts, shares slide

Netflix quarterly revenue misses forecasts, shares slide By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video ..

IBM misses second-quarter revenue estimates as tech spending cools

IBM misses second-quarter revenue estimates as tech spending cools

(Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday,..

Dollar gains as pound tumbles on cooling UK inflation

Dollar gains as pound tumbles on cooling UK inflation

Dollar gains as pound tumbles on cooling UK inflation By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesda..

Atlas Copco posts Q2 profit beat, but sees slowing demand

Atlas Copco posts Q2 profit beat, but sees slowing demand

Atlas Copco posts Q2 profit beat, but sees slowing demand (Reuters) -Swedish industrials group Atlas Copco on Wednesday reported secon..

European shares gain on boost from Kering; UK stocks shine

European shares gain on boost from Kering; UK stocks shine

By Amruta Khandekar (Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the ..

Truck maker Volvo’s quarterly profit surges, beats estimates

Truck maker Volvo’s quarterly profit surges, beats estimates

Truck maker Volvo’s quarterly profit surges, beats estimates By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on..

Inflation surprise sets UK homebuilders for biggest rally since 2008

Inflation surprise sets UK homebuilders for biggest rally since 2008

Inflation surprise sets UK homebuilders for biggest rally since 2008 MILAN (Reuters) – Shares in UK property-related stocks rall..

Aviva releases H1 2023 profit guidance, growth estimates

Aviva releases H1 2023 profit guidance, growth estimates

Aviva releases H1 2023 profit guidance, growth estimates LONDON (Reuters) – Aviva said on Wednesday it expected to deliver aroun..

Canada defends digital taxes but sees path for global deal

Canada defends digital taxes but sees path for global deal

Canada defends digital taxes but sees path for global deal By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada on Tuesday defe..

Spain antitrust watchdog fines Amazon, Apple $218 million

Spain antitrust watchdog fines Amazon, Apple $218 million

Spain antitrust watchdog fines Amazon, Apple $218 million MADRID (Reuters) – Spain’s antitrust watchdog on Tuesday said it..

Nestle increases local sourcing in South Africa with new processing plant

Nestle increases local sourcing in South Africa with new processing plant

Nestle increases local sourcing in South Africa with new processing plant By Anait Miridzhanian HAMMANSKRAAL, South Africa (Reuters) &..

Intensifying heat waves prompt health warnings for Europe, US

Intensifying heat waves prompt health warnings for Europe, US

Intensifying heat waves prompt health warnings for Europe, US By Liliana Salgado PHOENIX (Reuters) -A global pattern of heat waves sco..

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedbank profit exceeds forecast as real estate slump leaves scant mark By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group S..

StanChart to sell sub-Saharan Africa business to Access Bank

StanChart to sell sub-Saharan Africa business to Access Bank

StanChart to sell sub-Saharan Africa business to Access Bank DUBAI (Reuters) – Standard Chartered said on Friday it has reached ..

Small business distress index hits mid-2020 high

Small business distress index hits mid-2020 high

Small business distress index hits mid-2020 high By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium-s..

Auto lobby urges Spain’s next government to commit to decarbonisation

Auto lobby urges Spain’s next government to commit to decarbonisation

((This July 12 story has been corrected to clarify that the forecast is for all car sales in Spain, not just EV sales, in paragraph 8)..

Signs ‘crypto winter’ ending as regulatory fog begins to lift

Signs ‘crypto winter’ ending as regulatory fog begins to lift

By Tom Westbrook and Rae Wee SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory..

Italy’s luxury groups set aside rivalries to keep it local

Italy’s luxury groups set aside rivalries to keep it local

MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started team..

Euro zone ministers agree on gradual wind-down of spending

Euro zone ministers agree on gradual wind-down of spending

Euro zone ministers agree on gradual wind-down of spending BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday t..

Ericsson’s quarterly operating profit declines, beats expectations

Ericsson’s quarterly operating profit declines, beats expectations

Ericsson’s quarterly operating profit declines, beats expectations By Martin Coulter LONDON (Reuters) – Sweden’s Eri..

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source By Jonathan Spicer and Huseyin Hayatsever ANKAR..

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production BERLIN (Reuters) – German auto supplier Bosch will in..