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Heineken to invest $300 million in Brazil to expand premium beer portfolio

Heineken to invest $300 million in Brazil to expand premium beer portfolio

SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, sa..

US Treasury’s top international official heads to Europe, Asia for talks on economy

US Treasury’s top international official heads to Europe, Asia for talks on economy

WASHINGTON (Reuters) – The U.S. Treasury Department’s top international..

What to expect from King Charles’ coronation on May 6

What to expect from King Charles’ coronation on May 6

By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbe..

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in..

Euro zone April business activity grows on strong services demand – PMI

Euro zone April business activity grows on strong services demand – PMI

By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity..

News

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau will travel to Britain to attend the Coron..

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

(Reuters) – British investment management firm Baillie Gifford will invest $1..

UniCredit to use 300 million euro charges for voluntary staff exits-sources

UniCredit to use 300 million euro charges for voluntary staff exits-sources

MILAN (Reuters) – UniCredit will use restructuring charges it is set to book ..

Fed delivers small rate hike, opens door to pause in tightening cycle

Fed delivers small rate hike, opens door to pause in tightening cycle

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wedn..

Metro Bank posts second quarter of profitability on mortgage loans demand

Metro Bank posts second quarter of profitability on mortgage loans demand

(Reuters) – Metro Bank on Wednesday said it had reached underlying profitabili..

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma ..

BNP Paribas first-quarter revenue beats as trading outperforms

BNP Paribas first-quarter revenue beats as trading outperforms

PARIS (Reuters) -BNP Paribas’s first-quarter sales beat market expectations as..

King Charles’ coronation will be an economic boost, Buckingham Palace says

King Charles’ coronation will be an economic boost, Buckingham Palace says

LONDON (Reuters) – The coronation ceremony for King Charles on Saturday will b..

Cineworld gets US court approval to raise $2.26 billion after bankruptcy

Cineworld gets US court approval to raise $2.26 billion after bankruptcy

By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld receive..

Revlon emerges from bankruptcy after lender takeover

Revlon emerges from bankruptcy after lender takeover

By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from b..

Oil slumps 5% to five-week low amid US debt default fears

Oil slumps 5% to five-week low amid US debt default fears

NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concer..

Dollar dips as job openings fall, Fed meeting in focus

Dollar dips as job openings fall, Fed meeting in focus

By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data sho..

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move

(Reuters) – Cristiano Ronaldo became the world’s highest-paid athlete a..

Italy CPI rises again in April amid energy prices volatility

Italy CPI rises again in April amid energy prices volatility

By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in..

From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage

From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage

By JEEVAN RAVINDRAN LONDON (Reuters) – U.S. citizen Donna Werner is no strange..

Ferrari, Enel X plan solar plant near Fiorano test track

Ferrari, Enel X plan solar plant near Fiorano test track

ROME (Reuters) – Italian sports car maker Ferrari said it has signed a deal w..

Norway wealth fund CEO denies pay discrimination in case by female employee

Norway wealth fund CEO denies pay discrimination in case by female employee

OSLO (Reuters) – The chief executive of Norway’s $1.4 trillion sovereign..

Soft lending and inflation data pave way for smaller ECB hike

Soft lending and inflation data pave way for smaller ECB hike

FRANKFURT (Reuters) -Euro zone banks are turning off the credit taps and a key gauge..

Italian hearing aid maker Amplifon expects higher 2023 earnings

Italian hearing aid maker Amplifon expects higher 2023 earnings

(Reuters) – Italian hearing aid maker Amplifon said on Tuesday it expects core..

DSM misses Q1 forecasts due to weak volumes and high costs

DSM misses Q1 forecasts due to weak volumes and high costs

(Corrects company description in 5th paragraph) (Reuters) – Dutch specialty ch..

Geberit reports Q1 beat despite end of bathroom renovation boom

Geberit reports Q1 beat despite end of bathroom renovation boom

(Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported higher than exp..

Marketmind: RBA shock hike starts huge week for central banks

Marketmind: RBA shock hike starts huge week for central banks

A look at the day ahead in European and global markets from Asia markets correspond..

Logitech Q4 sales plunge 22% as economic downturn worries weigh

Logitech Q4 sales plunge 22% as economic downturn worries weigh

(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales ..

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on..

UK retailers report record food inflation but see falls ahead

UK retailers report record food inflation but see falls ahead

By David Milliken LONDON (Reuters) – Food prices at British supermarkets rose..

Historic Stone of Scone moved to London for King Charles’ coronation

Historic Stone of Scone moved to London for King Charles’ coronation

LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone u..

Bosch buys US semiconductor foundry to expand EV chip output

Bosch buys US semiconductor foundry to expand EV chip output

By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany’s Bosch ..

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has i..

Markets mixed as tech boosts US stock futures, Europe dips

Markets mixed as tech boosts US stock futures, Europe dips

LONDON (Reuters) – Global stock markets were mixed on Wednesday as recession f..

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

(Reuters) -Finnish elevator maker Kone raised its 2023 sales outlook on Wednesday a..

Companies’ cost inflation is slowing but shoppers may wait for lower prices

Companies’ cost inflation is slowing but shoppers may wait for lower prices

By Richa Naidu and Dominique Vidalon LONDON/PARIS (Reuters) -The world’s top ..

Tech CEOs wax poetic on AI, big adds to sales will take time

Tech CEOs wax poetic on AI, big adds to sales will take time

By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-parent Alph..