Analysis-Investors’ route to post-COVID China is via Europe
LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck th..
Investment
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Sterling hits five-month high against euro before BoE decision
By Harry Robertson LONDON, (Reuters) – The pound rose to a five-month high ag..
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UK firms cut hiring of permanent staff, recruiters’ survey shows
LONDON (Reuters) – British firms reduced hiring of permanent staff via recrui..
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TUI sees summer travel demand ‘significantly’ lifting 2023 profit
By Joanna Plucinska LONDON (Reuters) -German travel firm TUI said it expects strong..
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French retailer Casino’s shares slump 6% after S&P downgrade
PARIS (Reuters) -Shares in French retailer Casino fell more than 6% on Wednesday aft..
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Grocery retailer Ahold Delhaize sees Europe’s food inflation slowing
(Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slo..
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ASOS reports first-half loss as shoppers cut back
LONDON (Reuters) -ASOS, Britain’s one-time poster child for the shift to onli..
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Dufry sales more than double on travel rebound, Autogrill acquisitionv
(Reuters) – Swiss duty-free retailer Dufry on Wednesday reported a 113.4% jump..
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E.ON to hit upper end of 2023 outlook after strong Q1
FRANKFURT (Reuters) -E.ON, Europe’s largest energy networks operator, expects ..
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Dollar eases before inflation data, with nagging worries over debt ceiling impasse
By Rae Wee SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday aft..
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Ryanair places major Boeing order after jet price spat
WASHINGTON/DUBLIN (Reuters) -Ireland’s Ryanair agreed a multibillion-dollar de..
Business
Oil eases on lackluster Chinese import data, U.S. economy woes
HOUSTON (Reuters) -Oil prices fell on Tuesday, retreating from strong gains of the p..
Finance
Eurovision 2023 opens with acts walking Liverpool’s ‘Turquoise Carpet’
LIVERPOOL, England (Reuters) – Eurovision 2023 kicked off on Sunday when 37 c..
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Britain’s JD Sports to buy France’s Courir in $572 million deal
(Reuters) -JD Sports Fashion has proposed buying France’s Groupe Courir for a..
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Italy’s MPS vows to keep delivering after sharp profit jump
By Valentina Za MILAN (Reuters) -Italy’s Monte dei Paschi di Siena (MPS) pled..
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Ferrari CEO says e-fuel cars do not compromise carbon goals
MILAN (Reuters) – Ferrari’s plans to continue building internal combust..
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K+S cuts 2023 profit outlook on slow recovery, lower potash prices
(Reuters) – German potash and salt miner K+S on Tuesday cut its annual profit ..
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Li-Cycle and Glencore unveil plans for recycling hub in Italy
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned..
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Cryptoverse-Tether gets a lift from stability doubts
(Reuters) – Digital stablecoin tether is winning the race for the title of the..
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Daimler Truck sees higher returns as supply chains, demand improve
BERLIN (Reuters) – Daimler Truck reported on Tuesday an adjusted return of sa..
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PayPal adjusted margin forecast cut eclipses higher profit expectations
By Manya Saini (Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual ..
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Amazon offers shoppers $10 to pick up purchases as it targets delivery costs
By Lisa Baertlein LOS ANGELES (Reuters) – Amazon.com is offering customers $1..
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Uber rival Bolt seeks to turn profitable next year, IPO in 2025
STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt exp..
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Efficiency must radiate from the finance function
Any business, in the right place at the right time, can find itself rock..
Finance
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remaine..
Finance
Oil climbs almost 3% as recession fears begin to fade
LONDON (Reuters) – Oil rose almost 3% on Monday as U.S. recession fears eased ..
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Pound hits one-year high against struggling dollar
SINGAPORE/LONDON (Reuters) – Sterling hit an over-one-year high against the do..
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Spain suspends trading in NH Hoteles, Thai parent offers to buy shares
MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday susp..
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Volkswagen to name Bentley production chief as new Cariad head – sources
(Reuters) -Volkswagen will announce later on Monday the removal of the current leade..
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“A great treat”: King Charles heralds weekend of coronation celebrations
LONDON (Reuters) – King Charles thanked singers who performed at a coronation ..
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Italy open to selling down MPS stake on market if terms, buyers are right – sources
ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte de..
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German industrial output slumps, recession fears rise
BERLIN (Reuters) -German industrial production fell more than expected in March, par..
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Spain’s Grifols names current chairman as CEO, ending family leadership
Spain’s Grifols names current chairman as CEO, ending family leadership By Joa..
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Asia shares edge higher, wary of US bank data
SYDNEY (Reuters) – Asian shares were mostly higher on Monday as investors brac..
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Analysis-Battle for China’s electric SUV market heats up at home and abroad
SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicl..
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Dollar jumps as U.S. job gains, wage growth beat expectations
NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. e..
Finance
King Charles greets wellwishers outside palace before coronation
LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishe..
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