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Semiconductor parts maker Aixtron sees further sales growth after Q4 beat

Semiconductor parts maker Aixtron sees further sales growth after Q4 beat

(Reuters) – German chipmaking tools manufacturer Aixtron on Thursday forecast further revenue growth for 2024, driven by growin..

Covestro cancels dividend after lower earnings in challenging 2023

Covestro cancels dividend after lower earnings in challenging 2023

(Reuters) -German chemicals maker Covestro on Thursday said it decided not to pay dividends for 2023 after its annual core earnings d..

Consumer health giant Haleon sees higher revenue in 2024

Consumer health giant Haleon sees higher revenue in 2024

(Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected higher revenue in 2024, thanks to firm demand for it..

France backs global minimum tax on billionaires at G20

France backs global minimum tax on billionaires at G20

PARIS (Reuters) – France wants a new push for a global minimum tax on the super-rich, building on the success of a 15% minimum ..

Oil settles lower as Fed takes stock before cutting rates

Oil settles lower as Fed takes stock before cutting rates

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled lower on Wednesday after the Federal Reserve held firm on its decision to..

Stocks slip, dollar rises ahead of US inflation data

Stocks slip, dollar rises ahead of US inflation data

By Sinéad Carew NEW YORK (Reuters) -A global equities index fell slightly on Wednesday while Treasury yields edged down and the dol..

Russia diamond producer Alrosa’s annual net profit drops 15.2%

Russia diamond producer Alrosa’s annual net profit drops 15.2%

MOSCOW (Reuters) -Russia’s sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18 billion roubles ..

Record year for wind farms raises hope for EU green energy goals

Record year for wind farms raises hope for EU green energy goals

BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have raised hopes that..

Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion

Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion

By Paolo Laudani and Paul Sandle LONDON (Reuters) -Swisscom said on Wednesday it was in exclusive talks to buy all of Vodafone Italia..

Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels

Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels

MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net profit rose 81% in 2023 to a record 1.63 billion eur..

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar By Juveria Tabassum (Reuters) -Beyond Meat said i..

Siblings help China’s BYD grab early lead in Thai EV market

Siblings help China’s BYD grab early lead in Thai EV market

By Devjyot Ghoshal and Chayut Setboonsarng BANGKOK (Reuters) – After launching BYD in Thailand as the Chinese electric vehicle ..

Qatar to invest 10 billion euros in key sectors of French economy -Elysee

Qatar to invest 10 billion euros in key sectors of French economy -Elysee

PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros..

Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger

Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger

By Danial Azhar KUALA LUMPUR (Reuters) – The parent company of Malaysian budget airline AirAsia, Capital A Berhad <CAPI.KL&g..

Renault unveils new R5 as it taps past success for electric future

Renault unveils new R5 as it taps past success for electric future

By Gilles Guillaume GENEVA (Reuters) – Renault unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Sh..

EU carbon border tax will do little to cut emissions, ADB study says

EU carbon border tax will do little to cut emissions, ADB study says

SINGAPORE (Reuters) -A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unl..

Facing Chinese EV rivals, Europe&#8217;s automakers squeeze suppliers on costs

Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs

LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut costs for elec..

Marketmind: Markets brace for inflation trifecta

Marketmind: Markets brace for inflation trifecta

A look at the day ahead in European and global markets from Wayne Cole It’s all about inflation this week with markets pricing i..

UK job vacancies fall 15% year-on-year in January, Adzuna data shows

UK job vacancies fall 15% year-on-year in January, Adzuna data shows

LONDON (Reuters) – British employers advertised the fewest jobs in nearly three years last month, with numbers down 15% from a y..

Infineon bets on AI boom to spur more lucrative chip sales

Infineon bets on AI boom to spur more lucrative chip sales

FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artificial intelligence (AI) to generate billions in rev..

ABB picks electrification chief Wierod as CEO

ABB picks electrification chief Wierod as CEO

ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacing Bjorn Rosengren who led an overhaul of the Swiss..

Stocks bask in tech mania, Nvidia boom

Stocks bask in tech mania, Nvidia boom

SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s stunning results..

StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%

StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%

HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as pr..

Allianz nearly doubles Q4 net profit, helped by health and life business

Allianz nearly doubles Q4 net profit, helped by health and life business

FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in j..

BASF dials up cost cuts in Germany, flags earnings rebound

BASF dials up cost cuts in Germany, flags earnings rebound

By Ludwig Burger FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its L..

ECB reports record loss for 2023 as rate hikes bite

ECB reports record loss for 2023 as rate hikes bite

FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were..

China&#8217;s Xpeng signs partnership with UAE&#8217;s Ali&#038;Sons, eyes Italian market

China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons ..

As Nikkei eclipses 34-year record, derivatives signal stall ahead

As Nikkei eclipses 34-year record, derivatives signal stall ahead

By Junko Fujita TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak and investors grow confident of fu..

TotalEnergies Texas refinery running at minimal rates, say sources

TotalEnergies Texas refinery running at minimal rates, say sources

HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Port Arthur, Texas, is operating at minimal productio..

Nestle misses sales estimates as price hikes deter shoppers

Nestle misses sales estimates as price hikes deter shoppers

By Richa Naidu LONDON (Reuters) – Nestle reported full-year organic sales growth slightly below expectations on Thursday as the..

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

(Reuters) – German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its fo..

German economy in stormy waters as government slashes forecast

German economy in stormy waters as government slashes forecast

BERLIN (Reuters) -The German government expects the economy to grow 0.2% this year, far less than a previously forecast 1.3%, as weak ..

London&#8217;s iconic BT Tower to become a hotel

London’s iconic BT Tower to become a hotel

By Paul Sandle LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to se..

UK sees record monthly budget surplus, but tough picture ahead of budget

UK sees record monthly budget surplus, but tough picture ahead of budget

LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to record seasonal tax inflows, official f..

Coffee group JDE Peet&#8217;s posts surprise growth in 2023 operating profit

Coffee group JDE Peet’s posts surprise growth in 2023 operating profit

(Reuters) -JDE Peet’s, one of the world’s largest coffee companies, on Wednesday reported an organic rise in 2023 operatin..

Beijing shuts highways after heavy snowfall

Beijing shuts highways after heavy snowfall

BEIJING (Reuters) – Beijing shut some highways on Wednesday after heavier-than-expected snowfall hit the Chinese capital overnig..

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain

By Tom Wilson LONDON (Reuters) – Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain netwo..