Swiss National Bank loses $3.6 billion in 2023
ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss..
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Evonik says recovery unlikely in 2024, plans 2,000 job cuts
(Reuters) – German chemicals group Evonik Industries said on Monday it expecte..
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Marketmind: Looming event risk can’t stop Nikkei topping 40,000
A look at the day ahead in European and global markets from Wayne Cole. It’s b..
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M&A may breathe new life into Europe’s neglected telecoms
MILAN (Reuters) – A series of potential deals across Europe’s fragmented..
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Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit
By Leika Kihara SAO PAULO (Reuters) – The G20 finance leaders’ upbeat t..
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Oil rises almost 2% as markets await OPEC+ decision
LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets..
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German government needs TikTok, Scholz says, as AfD surges in polls
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – German Chancellor Olaf Sc..
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China approves plan aimed at spurring investment and spending
BEIJING (Reuters) -China’s cabinet on Friday approved a plan aimed at promotin..
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Stocks hold at record highs as traders bet on rate cuts
By Naomi Rovnick and Stella Qiu LONDON SYDNEY (Reuters) -Global shares drifted arou..
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Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook
By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distri..
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Strikes bring public transport to near standstill across Germany
BERLIN (Reuters) – Buses, trams and underground trains stood idle across most ..
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Rightmove plans to expand non-core businesses; shares fall on customer outlook
By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non..
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M&A may breathe new life into Europe’s neglected telecoms
By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe&..
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Incorporating AI into the business effectively should be a job for an AI team
Incorporating AI into the business effectively should be a job for an AI team ..
Business
Consumers need better protection against the cost of environmental regulations
Tighter environmental regulations can boost industry profits a..
Business
Tech sector recruitment boom on the cards: Will pay inflation follow?
Tech sector recruitment boom on the cards: Will pay inflation follow? 28 Febr..
Digital
Acerinox sees steel market improving after 2023 profit more than halves
(Corrects net profit fell 58%, not 68%, in paragraph 2) By Matteo Allievi and Natal..
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Equities gain on in-line US inflation, Treasury yields dip
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -The S&P 500 and Nasda..
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Mid-market feels overlooked and undervalued by tech suppliers
London, 28th February 2024 – New research from Advania, a leading Microsoft pa..
Digital
Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand
(Reuters) – Hewlett Packard Enterprise on Thursday forecast second-quarter rev..
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Dell forecasts upbeat fiscal 2025 on AI server demand
By Jaspreet Singh (Reuters) -Dell Technologies forecast annual revenue and profit a..
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UK’s Rwanda plan for asylum seekers could cost more than 600 million pounds
LONDON (Reuters) – The British government’s controversial plan to send a..
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Bitcoin barrels to best month since 2020, Wall Street points higher after PCE
LONDON (Reuters) – World stocks were near record highs on Thursday amid a mont..
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AirAsia operator Capital A records loss in Q4 as higher costs weigh
By Rishav Chatterjee (Reuters) -The parent company of Malaysian budget airline AirA..
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German inflation eases to 2.7% in February, as expected
By Miranda Murray BERLIN (Reuters) -Cheaper energy prices pushed German inflation d..
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Euro zone inflation dips but stubborn core prices may worry ECB
FRANKFURT (Reuters) -Euro zone inflation dipped further this month, strengthening t..
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Grifols’ shares tumble as restructuring costs hit annual profit
By Joan Faus BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday ..
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CMA CGM caps logistics push with $5 billion Bollore deal
By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 bi..
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Analysis-Bayer investors weigh need for cash call amid stifling debt
By Ludwig Burger and Emma-Victoria Farr FRANKFURT (Reuters) – Bayer may have ..
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Beiersdorf warns of slowing sales growth amid soft demand
Beiersdorf warns of slowing sales growth amid soft demand By Matthias Inverardi and ..
Companies
South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
SEOUL (Reuters) -South Korean President Yoon Suk Yeol met Meta’s CEO Mark Zuck..
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Semiconductor parts maker Aixtron sees further sales growth after Q4 beat
(Reuters) – German chipmaking tools manufacturer Aixtron on Thursday forecast ..
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Covestro cancels dividend after lower earnings in challenging 2023
(Reuters) -German chemicals maker Covestro on Thursday said it decided not to pay d..
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Consumer health giant Haleon sees higher revenue in 2024
(Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected hi..
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France backs global minimum tax on billionaires at G20
PARIS (Reuters) – France wants a new push for a global minimum tax on the sup..
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Oil settles lower as Fed takes stock before cutting rates
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled lower on Wednesday afte..
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Stocks slip, dollar rises ahead of US inflation data
By Sinéad Carew NEW YORK (Reuters) -A global equities index fell slightly on Wedn..
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