CMA CGM caps logistics push with $5 billion Bollore deal
By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-e..
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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 to ask shareholders for fresh capital to shore up ..
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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 Linda Pasquini (Reuters) -Nivea maker Beiersdorf o..
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 Zuckerberg on Thursday for talks to explore ways to in..
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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 growing..
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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 dividends for 2023 after its annual core earnings d..
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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..
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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 super-rich, building on the success of a 15% minimum ..
News
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..
News
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..
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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 ..
News
Record year for wind farms raises hope for EU green energy goals
By Kate Abnett BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have r..
News
Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion
LONDON (Reuters) -Swisscom said on Wednesday it was in exclusive talks to buy all of Vodafone Italia for 8 billion euros ($8.7 billion..
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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 euro..
News
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
(Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year after topping market expe..
News
Siblings help China’s BYD grab early lead in Thai EV market
BANGKOK (Reuters) – After launching BYD in Thailand as the Chinese electric vehicle maker’s sole national distributor a li..
News
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 ..
News
The Pivotal Shift to Tech-Driven Success: The time for talk has passed; now is the time to act warns Matt Cox, General Manager EMEA, FICO
The Pivotal Shift to Tech-Driven Success: The time for talk has passed; now is the time to act warns Matt Cox, General Manager EMEA, F..
Game Changers
Norwegian Cruise forecasts upbeat first-quarter profit on robust demand
(Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and stead..
News
Puma aims to boost its brand in ‘challenging’ market
By Alexander Hübner and Helen Reid (Reuters) – Puma expects a weak first half of the year in a challenging market, the German s..
News
London stocks gain on miners, earnings boost
(Reuters) – UK shares edged up in early trade on Tuesday boosted by the gains in mining stocks and some upbeat earnings updates,..
News
German consumer sentiment stabilizes at low level in March, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with ..
News
Dental implants maker Straumann sees steady sales growth in 2024
(Reuters) – Swiss dental implant maker Straumann on Tuesday forecast 2024 sales growth at a similar level to last year’s, ..
News
European private credit rebounds to levels last seen in mid-2022, says Deloitte
By Naomi Rovnick LONDON (Reuters) – European private lending activity has rebounded to levels last seen in mid-2022, new data f..
News
Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record
LONDON (Reuters) – Euro zone bonds are trading more in sync with their U.S. peers than ever before, as investors ignore the slow..
News
World’s first resilient SIM, rSIM® launches in partnership with global connectivity giants Deutsche Telekom and Tele2
Groundbreaking new rSIM® technology offers ‘always on’ connectivity. 2 SIMs in 1 – effectively upgrades a Single SIM device to Dual S..
Digital
Koyeb, the global serverless cloud platform, announces Autoscaling launch and expansion into the Asia-Pacific region
Koyeb, the global serverless cloud platform, announces Autoscaling launch and expansion into the Asia-Pacific region Paris/New York, 2..
Innovation
Bridging the AI Divide: How to prepare your employees for generative AI in the workplace
By Susan Charnaux, Chief People Officer, Appian It has been a year since the launch of ChatGPT, a chatbot that became a g..
Business
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..
News
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..
News
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..
News
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..
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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 ..
News
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..
News
The Digital Evolution: Artlogo’s Vision for Complete Branding Solutions
In the fast-paced world of design and technology, Artlogo stands out as a unique player, combining the artistry of handwritten signat..
Business
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..
News
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 ..
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