NEWS

Metro Bank posts second quarter of profitability on mortgage loans demand

Metro Bank posts second quarter of profitability on mortgage loans demand

(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net infl..

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% ..

BNP Paribas first-quarter revenue beats as trading outperforms

BNP Paribas first-quarter revenue beats as trading outperforms

BNP Paribas first-quarter revenue beats as trading outperforms By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas&#..

King Charles’ coronation will be an economic boost, Buckingham Palace says

King Charles’ coronation will be an economic boost, Buckingham Palace says

King Charles’ coronation will be an economic boost, Buckingham Palace says By Michael Holden LONDON (Reuters) – The corona..

Cineworld gets US court approval to raise $2.26 billion after bankruptcy

Cineworld gets US court approval to raise $2.26 billion after bankruptcy

By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 bil..

Revlon emerges from bankruptcy after lender takeover

Revlon emerges from bankruptcy after lender takeover

Revlon emerges from bankruptcy after lender takeover By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from..

Oil slumps 5% to five-week low amid US debt default fears

Oil slumps 5% to five-week low amid US debt default fears

Oil slumps 5% to five-week low amid US debt default fears By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-wee..

Dollar dips as job openings fall, Fed meeting in focus

Dollar dips as job openings fall, Fed meeting in focus

Dollar dips as job openings fall, Fed meeting in focus By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data..

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move (Reuters) – Cristiano Ronaldo became the wo..

Italy CPI rises again in April amid energy prices volatility

Italy CPI rises again in April amid energy prices volatility

By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, ..

From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage

From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage

By JEEVAN RAVINDRAN LONDON (Reuters) – U.S. citizen Donna Werner is no stranger to royal celebrations – for more than thre..

Ferrari, Enel X plan solar plant near Fiorano test track

Ferrari, Enel X plan solar plant near Fiorano test track

ROME (Reuters) – Italian sports car maker Ferrari said it has signed a deal with Enel’s Enel X to build a 1 megawatt peak ..

Norway wealth fund CEO denies pay discrimination in case by female employee

Norway wealth fund CEO denies pay discrimination in case by female employee

Norway wealth fund CEO denies pay discrimination in case by female employee By Victoria Klesty OSLO (Reuters) – The chief execut..

Soft lending and inflation data pave way for smaller ECB hike

Soft lending and inflation data pave way for smaller ECB hike

Soft lending and inflation data pave way for smaller ECB hike By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Euro zone ba..

Italian hearing aid maker Amplifon expects higher 2023 earnings

Italian hearing aid maker Amplifon expects higher 2023 earnings

Italian hearing aid maker Amplifon expects higher 2023 earnings (Reuters) – Italian hearing aid maker Amplifon said on Tuesday i..

DSM misses Q1 forecasts due to weak volumes and high costs

DSM misses Q1 forecasts due to weak volumes and high costs

(Corrects company description in 5th paragraph) (Reuters) – Dutch specialty chemicals maker DSM’s first-quarter profit and..

Geberit reports Q1 beat despite end of bathroom renovation boom

Geberit reports Q1 beat despite end of bathroom renovation boom

Geberit reports Q1 beat despite end of bathroom renovation boom (Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported h..

Marketmind: RBA shock hike starts huge week for central banks

Marketmind: RBA shock hike starts huge week for central banks

Marketmind: RBA shock hike starts huge week for central banks A look at the day ahead in European and global markets from Asia markets..

Logitech Q4 sales plunge 22% as economic downturn worries weigh

Logitech Q4 sales plunge 22% as economic downturn worries weigh

Logitech Q4 sales plunge 22% as economic downturn worries weigh (Reuters) – Logitech International posted a 22% drop in fourth-q..

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO SYDNEY (Reuters) – Australia’s flagship carrier, Qa..

UK retailers report record food inflation but see falls ahead

UK retailers report record food inflation but see falls ahead

UK retailers report record food inflation but see falls ahead By David Milliken LONDON (Reuters) – Food prices at British superm..

Historic Stone of Scone moved to London for King Charles’ coronation

Historic Stone of Scone moved to London for King Charles’ coronation

LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone upon which monarchs in Britain have been crowned fo..

Norway plans to nationalise gas pipelines when concessions expire

Norway plans to nationalise gas pipelines when concessions expire

Norway plans to nationalise gas pipelines when concessions expire By Gwladys Fouche and Nerijus Adomaitis OSLO (Reuters) -Norway plans..

Bosch buys US semiconductor foundry to expand EV chip output

Bosch buys US semiconductor foundry to expand EV chip output

Bosch buys US semiconductor foundry to expand EV chip output By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany̵..

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business STOCKHOLM (Reuters) – Hygiene products group ..

Markets mixed as tech boosts US stock futures, Europe dips

Markets mixed as tech boosts US stock futures, Europe dips

Markets mixed as tech boosts US stock futures, Europe dips By Naomi Rovnick LONDON (Reuters) – Global stock markets were mixed o..

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts (Reuters) -Finnish elevator maker Kone raised its 2023 sales out..

Companies’ cost inflation is slowing but shoppers may wait for lower prices

Companies’ cost inflation is slowing but shoppers may wait for lower prices

Companies’ cost inflation is slowing but shoppers may wait for lower prices By Richa Naidu and Dominique Vidalon LONDON/PARIS (R..

Tech CEOs wax poetic on AI, big adds to sales will take time

Tech CEOs wax poetic on AI, big adds to sales will take time

Tech CEOs wax poetic on AI, big adds to sales will take time By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-p..

Sacyr shortlists four bidders for its service, waste management unit – Expansion

Sacyr shortlists four bidders for its service, waste management unit – Expansion

Sacyr shortlists four bidders for its service, waste management unit – Expansion MADRID (Reuters) – Spanish conglomerate S..

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Startup e-commerce platform Temu expands to Europe By Casey Hall SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, o..

Beiersdorf benefits from bump in Nivea sales

Beiersdorf benefits from bump in Nivea sales

Beiersdorf benefits from bump in Nivea sales (Reuters) -Beiersdorf’s Nivea brand recorded 18% sales growth in the first quarter ..

Puma expects Q2 sales growth below full-year target

Puma expects Q2 sales growth below full-year target

Puma expects Q2 sales growth below full-year target (Reuters) – German sportswear maker Puma on Wednesday said it expected secon..

Mercedes-Benz launches E-Class, its last new combustion engine model

Mercedes-Benz launches E-Class, its last new combustion engine model

BERLIN (Reuters) – Mercedes-Benz on Tuesday launched its last new combustion engine model – the next generation of the E-C..

Spotify’s monthly active users top 500 million, beat estimate

Spotify’s monthly active users top 500 million, beat estimate

Spotify’s monthly active users top 500 million, beat estimate By Supantha Mukherjee STOCKHOLM (Reuters) -Spotify Technology SA h..

Kremlin remains downbeat on state of Black Sea grain deal

Kremlin remains downbeat on state of Black Sea grain deal

Kremlin remains downbeat on state of Black Sea grain deal (Reuters) – The Kremlin reaffirmed its position on Tuesday that the Bl..

BoE’s Broadbent says QE not to blame for surge in inflation

BoE’s Broadbent says QE not to blame for surge in inflation

BoE’s Broadbent says QE not to blame for surge in inflation LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadben..