Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays
DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June,..
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Yen pressured as traders wait on policy decisions
By Tom Westbrook SYDNEY (Reuters) – The dollar and euro made firm starts on Monday to a week full of central bank meetings, whi..
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UK’s EasyJet says it is operating flights as normal to Rhodes
LONDON (Reuters) -Britain’s easyJet said on Sunday it was operating flights as normal to Rhodes but was closely monitoring the ..
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Russian central bank governor speaks after hiking rate to 8.5%
(Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference on Friday after the ..
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Introducing Janus, the exotic ‘two-faced’ white dwarf star
WASHINGTON (Reuters) – Some people are two-faced, figuratively speaking of course. The ancient Roman god Janus was two-faced, li..
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Nokian Tyres profit tumbles amid Russian exit, shares fall
HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp fall in operating profit for the second quarter, sending i..
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UK consumers defy high inflation and shop more in June
LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot wea..
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Extreme heatwaves to continue through August, WMO adviser says
GENEVA (Reuters) – Heatwaves are expected to persist in a large part of the world throughout August, an adviser on extreme heat ..
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Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop
OSLO (Reuters) -Aluminium producer Hydro raised its guidance for capital expenditure this year and said global demand for aluminium de..
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Lonza cuts 2023 outlook on slower growth, lower customer demand
By Bartosz Dabrowski (Reuters) – Swiss contract drug manufacturer Lonza cut its full-year outlook on Friday, citing slower than..
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UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader
LONDON (Reuters) – Britain’s opposition Labour Party was not taking anything for granted after an historic win in a local ..
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British retail sales beat expectations in June
LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food ..
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Global miner Anglo American’s first-half production surges 42%
LONDON (Reuters) – Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the..
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Asia stocks nudge higher, gains capped by China worries
SINGAPORE (Reuters) – Asian shares inched higher on Thursday as investors took stock of corporate earnings and looked ahead to c..
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ABB sees robust activity as Q2 profit beats forecasts
ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company..
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Netflix quarterly revenue misses forecasts, shares slide
LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter revenue that fell sho..
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IBM misses second-quarter revenue estimates as tech spending cools
(Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday,..
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Dollar gains as pound tumbles on cooling UK inflation
NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expe..
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Intensifying heat waves prompt health warnings for Europe, US
PHOENIX (Reuters) -A global pattern of heat waves scorching parts of Europe, Asia and the United States intensified on Tuesday, with t..
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Greece to begin selling bank stakes this autumn-sources
ATHENS (Reuters) – Greece will this autumn start selling stakes in its four largest banks, sector officials and bankers said on ..
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Japan PM Kishida in Abu Dhabi for energy, green tech talks
By Rachna Uppal ABU DHABI (Reuters) – Japanese Prime Minister Fumio Kishida arrived in the United Arab Emirates on Monday for t..
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Global temperatures near record highs as US, China meet on climate
By Charlie Devereux MADRID (Reuters) – Global temperatures were soaring to historic highs as the world’s two biggest carb..
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German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce ..
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Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities
MADRID/VALLADOLID (Reuters) – Aiming to highlight the city of Valladolid’s green credentials, Spain’s Environment Mi..
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TomTom lifts 2023 forecasts after new maps help beat Q2 expectations
(Reuters) -Digital mapping specialist TomTom on Monday raised its full-year revenue and free cash flow forecasts after the roll-out of..
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CDS panel rules UBS is sole successor to Credit Suisse after merger
LONDON (Reuters) -A committee that reviews disputes in the credit default swaps (CDS) market said on Monday that UBS is the sole succe..
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Luxury group Richemont boosted by Asia recovery but Americas weigh
ZURICH (Reuters) -Luxury group Richemont reported a 14% increase in first- quarter sales on Monday, boosted by a strong rebound in Asi..
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Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile
BENGALURU (Reuters) – Belgian telecom service provider Proximus Group on Monday said it will buy a 57.56% stake in Route Mobile..
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Russian scientists warn of powerful solar flare activity on Monday
(Reuters) – Powerful solar flare activity is forecast for Monday which may interfere with short-wave communications, Russian sci..
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UN Security Council to hold first talks on AI risks
LONDON (Reuters) – The United Nations Security Council will hold its first formal discussion on artificial intelligence (AI) thi..
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StanChart to sell sub-Saharan Africa business to Access Bank
DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa ..
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Small business distress index hits mid-2020 high
By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mi..
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Auto lobby urges Spain’s next government to commit to decarbonisation
((This July 12 story has been corrected to clarify that the forecast is for all car sales in Spain, not just EV sales, in paragraph 8..
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Signs ‘crypto winter’ ending as regulatory fog begins to lift
By Tom Westbrook and Rae Wee SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of favourable regulator..
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Italy’s luxury groups set aside rivalries to keep it local
By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence,..
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Euro zone ministers agree on gradual wind-down of spending
BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the single currency area needed a “determined, g..
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Ericsson’s quarterly operating profit declines, beats expectations
LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quarter adjusted operating profit on Friday, slightly b..
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