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European shares inch higher on earnings boost; Maersk drops

European shares inch higher on earnings boost; Maersk drops

By Shristi Achar A (Reuters) -European shares edged higher on Thursday, propped up by strong performances from consumer staples stock..

Iceland volcano erupts again, molten rocks spew from fissures

Iceland volcano erupts again, molten rocks spew from fissures

Iceland volcano erupts again, molten rocks spew from fissures OSLO (Reuters) -A volcano erupted on Thursday in southwest Iceland for t..

SoftBank posts first profit in five quarters with $6.6 billion net income By Anton Bridge

SoftBank posts first profit in five quarters with $6.6 billion net income By Anton Bridge

SoftBank posts first profit in five quarters with $6.6 billion net income By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Grou..

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) ..

Vontobel to take additional cost-cutting measures as profit falls

Vontobel to take additional cost-cutting measures as profit falls

Vontobel to take additional cost-cutting measures as profit falls ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall..

Siemens profit ahead of forecast despite digital sector orders fall

Siemens profit ahead of forecast despite digital sector orders fall

By John Revill ZURICH (Reuters) -Siemens reported first-quarter profit slightly ahead of expectations on Thursday despite the German ..

Oil rises on slim progress in Gaza peace talks, weaker dollar

Oil rises on slim progress in Gaza peace talks, weaker dollar

By Katya Golubkova and Jeslyn Lerh SINGAPORE (Reuters) -Oil extended gains on Thursday after Israel rejected a ceasefire offer from H..

Britain extends tariff-free trade with Ukraine to 2029

Britain extends tariff-free trade with Ukraine to 2029

Britain extends tariff-free trade with Ukraine to 2029 LONDON (Reuters) – Britain on Thursday said it would extend tariff-free t..

UK’s Labour to back out of 28 billion stg green pledge -BBC

UK’s Labour to back out of 28 billion stg green pledge -BBC

UK’s Labour to back out of 28 billion stg green pledge -BBC (Reuters) – Britain’s opposition Labour Party will back ..

OpenAI developing software that operates devices, automates tasks – The Information

OpenAI developing software that operates devices, automates tasks – The Information

(Reuters) – Microsoft-backed OpenAI is working on a type of agent software to automate complex tasks by taking over a usersR..

Dollar slips as market awaits data for direction

Dollar slips as market awaits data for direction

NEW YORK/LONDON (Reuters) – The dollar slid further on Wednesday as it consolidates a bounce in recent days from surprisingly st..

Equinor trims cash payouts, share price drops 7%

Equinor trims cash payouts, share price drops 7%

By Nerijus Adomaitis and Nora Buli LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareh..

Global stocks hit two-year highs, as dollar eases

Global stocks hit two-year highs, as dollar eases

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the S&P 500 ..

Big Oil offers record returns to lure investors back

Big Oil offers record returns to lure investors back

LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attemp..

Nvidia’s stock market value on verge of overtaking Amazon

Nvidia’s stock market value on verge of overtaking Amazon

By Noel Randewich (Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming ..

Prince William back to work after Kate’s surgery and King Charles’ cancer

Prince William back to work after Kate’s surgery and King Charles’ cancer

LONDON (Reuters) -Britain’s Prince William returned to public duty on Wednesday following his wife Kate’s surgery and news..

Aircraft lessor DAE expects further Boeing delays

Aircraft lessor DAE expects further Boeing delays

(Reuters) – A production cap and recent incidents with Boeing’s 737 MAX aircraft will “undoubtedly” impede th..

Gucci’s new designer in focus as Kering plots future growth

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..

Siemens investors call for further unbundling of the group

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..

Time is right to step up investment, Sainsbury’s CEO says

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 ..

‘Long and tedious journey’: companies sour on China outlook

‘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..

German industrial output falls more than expected in December

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 ..

Telenor Q4 core profit in line with expectations

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..

New Zealand labour pressures ease slightly, jobs market still tight

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..

Wind power outpaced gas plants in Europe for the first time in 2023 – Ember

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..

Germany’s KfW bank sells 50 million Deutsche Post shares

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..

UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover

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..

Aston Martin is hunting for a new CEO – Bloomberg News

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..

China’s exchanges restrict stock selling by some hedge funds

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..

EU’s Von der Leyen wants to cancel plan to halve pesticide use after farmer protests

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..

UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government

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 ..

Novo Nordisk to begin 2024 share buybacks

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..

Skincare firm L’Occitane surges on report Blackstone considering buyout bid

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..

UK House of Lords report urges EV subsidies, faster charger rollout

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 ..

Britain invests 100 million pounds in AI research and regulation

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..

Chipmaker NXP forecasts profit above estimates on automotive strength

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..

Saudi Arabia’s investment ministry withdraws budget data

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..