Gucci’s new designer in focus as Kering plots future growth
PARIS/MILAN (Reuters) – Investors will be looking to see if Gucci’s new creative director Sabato de Sarno can move the n..
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Siemens investors call for further unbundling of the group
By John Revill ZURICH (Reuters) – Two of Siemens’s largest investors have called for the German engineering group to si..
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Time is right to step up investment, Sainsbury’s CEO says
LONDON (Reuters) – British supermarket Sainsbury’s believes that having improved its financial performance over the last ..
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‘Long and tedious journey’: companies sour on China outlook
By Helen Reid, Emma Rumney and Ananya Mariam Rajesh (Reuters) – Some of the world’s top food, drinks and tech companies h..
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German industrial output falls more than expected in December
By Maria Martinez (Reuters) -German industrial production fell more than expected in December, the federal statistics office said on ..
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Telenor Q4 core profit in line with expectations
OSLO (Reuters) -Norwegian telecoms operator Telenor on Wednesday reported fourth-quarter core operating earnings in line with expecta..
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Snap misses revenue estimate, shares plunge 30%
By Sheila Dang (Reuters) -Snap missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to stru..
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New Zealand labour pressures ease slightly, jobs market still tight
New Zealand labour pressures ease slightly, jobs market still tight By Lucy Craymer WELLINGTON (Reuters) -New Zealand labour pressures..
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Wind power outpaced gas plants in Europe for the first time in 2023 – Ember
By Susanna Twidale LONDON (Reuters) – Wind power production outpaced gas plants in Europe for the first time last year as fossi..
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Germany’s KfW bank sells 50 million Deutsche Post shares
By Emma-Victoria Farr FRANKFURT (Reuters) -Germany’s state-owned KfW bank on Tuesday launched the placement of 50 million share..
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UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
By Noele Illien ZURICH (Reuters) -UBS said on Tuesday it would restart share buybacks and find $3 billion more in cost savings from i..
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Aston Martin is hunting for a new CEO – Bloomberg News
(Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Fe..
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China’s exchanges restrict stock selling by some hedge funds
SHANGHAI/BEIJING (Reuters) – China’s stock exchanges are restricting share selling by some hedge funds, four fund managers..
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EU’s Von der Leyen wants to cancel plan to halve pesticide use after farmer protests
BRUSSELS (Reuters) – European Commission President Ursula von der Leyen told the European Parliament on Tuesday she was proposin..
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UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government
LONDON (Reuters) – Britain’s minister for Northern Ireland, Chris Heaton-Harris, will travel to Washington to discuss the ..
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Novo Nordisk to begin 2024 share buybacks
OSLO (Reuters) – Novo Nordisk will on Tuesday begin the execution of its planned share buyback programme for 2024, the Danish m..
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Skincare firm L’Occitane surges on report Blackstone considering buyout bid
(Reuters) -Blackstone is considering a bid for Hong Kong-listed skincare firm L’Occitane International SA, Bloomberg News report..
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UK House of Lords report urges EV subsidies, faster charger rollout
By Nick Carey and Sachin Ravikumar LONDON (Reuters) – The UK government should take urgent action to encourage people to switch ..
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Britain invests 100 million pounds in AI research and regulation
LONDON (Reuters) – Britain on Tuesday said it would spend more than 100 million pounds ($125 million) to launch nine new researc..
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Chipmaker NXP forecasts profit above estimates on automotive strength
(Reuters) – Chipmaker NXP Semiconductors forecast first-quarter profit above target and reported better-than-expected revenue fo..
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Saudi Arabia’s investment ministry withdraws budget data
DUBAI (Reuters) -Saudi Arabia’s investment ministry removed fiscal data from a monthly bulletin published earlier on Monday on i..
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Spain’s Grifols hires new CEO weeks after damaging short-seller report
MADRID (Reuters) -Spanish pharmaceutical company Grifols hired a new chief executive and two founding family members will leave execu..
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Buckingham Palace statement on King Charles’s cancer diagnosis
LONDON (Reuters) – Britain’s King Charles has been diagnosed with a form of cancer and will postpone public-facing duties..
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Taylor Swift makes Grammys history as women rule music’s top honors
By Lisa Richwine LOS ANGELES (Reuters) -Pop superstar Taylor Swift set another record on Sunday, winning the Grammy award for album..
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Analysis-Green backlash looms over EU elections
By Kate Abnett BRUSSELS (Reuters) – What a difference five years make. During the last European Union elections in 2019, hundre..
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British PM Sunak says he has failed on key healthcare pledge
LONDON (Reuters) – British Prime Minister Rishi Sunak said his government had not done enough to cut the high number of people ..
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Explainer-Why the $5.2 billion sale of Russia’s Yandex is significant
By Alexander Marrow LONDON (Reuters) – A $5.2 billion cash and share deal to sell the key Russian assets of technology group Ya..
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Vodafone in ‘active’ Italy deal talks as German recovery slows
By Paul Sandle LONDON (Reuters) -Vodafone said on Monday it was in “active discussions” about a deal in Italy, its worst ..
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Factbox-Germany hit by strikes as workers demand better pay and conditions
BERLIN (Reuters) – Germany has been hit by a series of strikes since the start of 2024 as unions press for higher wages and imp..
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British equities rise on luxury stocks boost; economic data in focus
By Khushi Singh (Reuters) -Britain’s FTSE 100 climbed on Monday, set to snap a three-session losing streak, supported by a rise..
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Lack of orders weighs on German economy – Ifo
BERLIN (Reuters) – The lack of orders in manufacturing is increasingly becoming a burden on the German economy, the Ifo Institu..
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Hipgnosis Songs Fund to seek indemnity from Mercuriadis over legal claims
(Reuters) -Hipgnosis Songs said on Monday it is seeking protection from founder Merck Mercuriadis against a legal claim launched by a..
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El Salvador’s Bukele re-elected as president in landslide win
By Nelson Renteria and Sarah Kinosian SAN SALVADOR (Reuters) -President Nayib Bukele on Sunday secured a thumping victory in El Salva..
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Nokia signs 5G patent deal with China’s Vivo
HELSINKI (Reuters) -Finnish telecom equipment maker Nokia said on Monday it has signed a multi-year 5G patent license agreement with ..
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UK’s new car registrations up nearly 8% in January – SMMT
(Reuters) – New car registrations in the United Kingdom rose about 8% in January, preliminary industry data showed on Monday. T..
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Dollar scales fresh peaks as Fed cut bets recede
Dollar scales fresh peaks as Fed cut bets recede By Rae Wee SINGAPORE (Reuters) – The dollar rose to an eight-week high against ..
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Italy minister sounds alarm on delays ahead of 2026 Winter Olympics
MILAN (Reuters) – Italian Economy Minister Giancarlo Giorgetti said on Friday he was increasingly worried about delays in prepa..
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