News

NatWest first-quarter profit slumps 27% as savings, mortgage competition bite

NatWest first-quarter profit slumps 27% as savings, mortgage competition bite

LONDON (Reuters) -NatWest’s first-quarter profit fell by a less than expected ..

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -..

Two million Britons suffer long COVID symptoms, survey shows

Two million Britons suffer long COVID symptoms, survey shows

LONDON (Reuters) – Two million people across England and Scotland are still su..

Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency

Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency

By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – Th..

Meta sparks tech selloff as AI splurge spooks Wall Street

Meta sparks tech selloff as AI splurge spooks Wall Street

By Aditya Soni and Kanchana Chakravarty (Reuters) -Shares of Meta Platforms sank 13..

Repsol working on closing first “renewable asset rotation” in US – CEO

Repsol working on closing first “renewable asset rotation” in US – CEO

MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that..

Delivery Hero ups revenue outlook on rising orders, ad revenue

Delivery Hero ups revenue outlook on rising orders, ad revenue

By Linda Pasquini (Reuters) -German online food takeaway company Delivery Hero rais..

Factbox-Anglo American, BHP mining operations around the world

Factbox-Anglo American, BHP mining operations around the world

(Reuters) – British multinational miner Anglo American on Thursday said it ha..

China’s largest auto show showcases all-electric future, local brands dominate

China’s largest auto show showcases all-electric future, local brands dominate

By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) – Chi..

Unilever beats quarterly sales growth forecasts

Unilever beats quarterly sales growth forecasts

(Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%..

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

BEIJING (Reuters) – Chinese electric vehicle (EV) battery maker CATL on Thurs..

Sanofi profit slips on generic competition and currency effects

Sanofi profit slips on generic competition and currency effects

By Ludwig Burger (Reuters) -Sanofi’s first-quarter operating income fell 14.7..

Polish central bank reports loss of $5 billion dollars in 2023

Polish central bank reports loss of $5 billion dollars in 2023

WARSAW (Reuters) – The National Bank of Poland (NBP) made a loss of 20.8 bill..

Maersk could offer limited Baltimore barge service

Maersk could offer limited Baltimore barge service

COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping servic..

Telecoms firm Orange slips on drop in French broadband customers

Telecoms firm Orange slips on drop in French broadband customers

(Reuters) -French telecoms operator Orange reported on Wednesday a drop in first-qua..

Spain sees US-style economic boost from immigrant workers

Spain sees US-style economic boost from immigrant workers

By Belén Carreño MADRID (Reuters) – Achieving her career ambitions in Spain h..

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore..

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s..

Australia Q1 inflation slowdown disappoints, rate cut bets gone

Australia Q1 inflation slowdown disappoints, rate cut bets gone

SYDNEY (Reuters) -Australian consumer price inflation slowed less than expected in t..

Global equity market-neutral hedge funds shine

Global equity market-neutral hedge funds shine

Global equity market-neutral hedge funds shine By Patturaja Murugaboopathy (Reuters)..

Renault says new models to lift 2024 sales, confirms profit outlook

Renault says new models to lift 2024 sales, confirms profit outlook

By Gilles Guillaume PARIS (Reuters) -Renault expects its sales growth to accelerate..

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

(Reuters) – Russia’s economy ministry improved its expectations for 2024..

Euro at highest to yen since 2008, markets nervy over Toyko stepping in

Euro at highest to yen since 2008, markets nervy over Toyko stepping in

By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The yen hit multi-year lows a..

Oil falls back after robust EU data as Mideast tensions linger

Oil falls back after robust EU data as Mideast tensions linger

(Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger eco..

Stocks gear up for Big Tech earnings; yen sits near danger zone

Stocks gear up for Big Tech earnings; yen sits near danger zone

By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by ..

Italy’s Lavazza launches bid to take machine vendor IVS private

Italy’s Lavazza launches bid to take machine vendor IVS private

MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing furt..

Japan’s 7-Eleven convenience chain targets aggressive global growth

Japan’s 7-Eleven convenience chain targets aggressive global growth

TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesda..

News

Golden Goose’s net revenues up 12% in first quarter

Golden Goose’s net revenues up 12% in first quarter

MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at cons..

Bank of England looks to shine a light on private equity leverage

Bank of England looks to shine a light on private equity leverage

By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 ..

Dollar firm as US rates and earnings take center stage

Dollar firm as US rates and earnings take center stage

By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked hig..

US crude futures climb back into positive territory

US crude futures climb back into positive territory

By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory ..

Equities gain, gold drops as fears of wider Middle East conflict ease

Equities gain, gold drops as fears of wider Middle East conflict ease

By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back sa..

World’s workers increasingly at risk as climate changes, ILO says

World’s workers increasingly at risk as climate changes, ILO says

By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to..

Hedge fund borrowing hits five-year peak, Goldman Sachs says

Hedge fund borrowing hits five-year peak, Goldman Sachs says

By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a fi..

After VW plant victory, UAW sets its sights on Mercedes in Alabama

After VW plant victory, UAW sets its sights on Mercedes in Alabama

By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has..

London shares rebound as fears of wider Middle East conflict ebb

London shares rebound as fears of wider Middle East conflict ebb

By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, f..

UK’s struggling Thames Water proposes spending more on environmental improvements

UK’s struggling Thames Water proposes spending more on environmental improvements

By Sarah Young LONDON (Reuters) -Britain’s Thames Water has proposed spending..