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Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels

Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels

MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net pro..

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

(Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduc..

Siblings help China’s BYD grab early lead in Thai EV market

Siblings help China’s BYD grab early lead in Thai EV market

BANGKOK (Reuters) – After launching BYD in Thailand as the Chinese electric ve..

Qatar to invest 10 billion euros in key sectors of French economy -Elysee

Qatar to invest 10 billion euros in key sectors of French economy -Elysee

PARIS (Reuters) – France and Qatar have sealed a strategic partnership under w..

Norwegian Cruise forecasts upbeat first-quarter profit on robust demand

Norwegian Cruise forecasts upbeat first-quarter profit on robust demand

(Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on..

Puma aims to boost its brand in ‘challenging’ market

Puma aims to boost its brand in ‘challenging’ market

By Alexander Hübner and Helen Reid (Reuters) – Puma expects a weak first half..

London stocks gain on miners, earnings boost

London stocks gain on miners, earnings boost

(Reuters) – UK shares edged up in early trade on Tuesday boosted by the gains ..

German consumer sentiment stabilizes at low level in March, finds GfK

German consumer sentiment stabilizes at low level in March, finds GfK

BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low..

Dental implants maker Straumann sees steady sales growth in 2024

Dental implants maker Straumann sees steady sales growth in 2024

(Reuters) – Swiss dental implant maker Straumann on Tuesday forecast 2024 sale..

European private credit rebounds to levels last seen in mid-2022, says Deloitte

European private credit rebounds to levels last seen in mid-2022, says Deloitte

By Naomi Rovnick LONDON (Reuters) – European private lending activity has reb..

Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record

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. pe..

Infineon bets on AI boom to spur more lucrative chip sales

Infineon bets on AI boom to spur more lucrative chip sales

FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artifi..

ABB picks electrification chief Wierod as CEO

ABB picks electrification chief Wierod as CEO

ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacin..

Stocks bask in tech mania, Nvidia boom

Stocks bask in tech mania, Nvidia boom

SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady g..

StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%

StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%

HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders w..

Allianz nearly doubles Q4 net profit, helped by health and life business

Allianz nearly doubles Q4 net profit, helped by health and life business

FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net ..

BASF dials up cost cuts in Germany, flags earnings rebound

BASF dials up cost cuts in Germany, flags earnings rebound

By Ludwig Burger FRANKFURT (Reuters) -Germany’s BASF will slash another 1 bil..

ECB reports record loss for 2023 as rate hikes bite

ECB reports record loss for 2023 as rate hikes bite

FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record..

China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

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 ..

As Nikkei eclipses 34-year record, derivatives signal stall ahead

As Nikkei eclipses 34-year record, derivatives signal stall ahead

By Junko Fujita TOKYO (Reuters) – As Japan’s Nikkei catapults past its ..

TotalEnergies Texas refinery running at minimal rates, say sources

TotalEnergies Texas refinery running at minimal rates, say sources

HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Por..

Nestle misses sales estimates as price hikes deter shoppers

Nestle misses sales estimates as price hikes deter shoppers

By Richa Naidu LONDON (Reuters) – Nestle reported full-year organic sales gro..

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

(Reuters) – German food delivery company Delivery Hero said on Wednesday that..

German economy in stormy waters as government slashes forecast

German economy in stormy waters as government slashes forecast

By Christian Kraemer and Rachel More BERLIN (Reuters) -The German government expect..

London’s iconic BT Tower to become a hotel

London’s iconic BT Tower to become a hotel

By Paul Sandle LONDON (Reuters) -London’s iconic BT Tower is set to become a ..

UK sees record monthly budget surplus, but tough picture ahead of budget

UK sees record monthly budget surplus, but tough picture ahead of budget

LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in Janu..

Coffee group JDE Peet’s posts surprise growth in 2023 operating profit

Coffee group JDE Peet’s posts surprise growth in 2023 operating profit

By Stephanie Hamel and Gaelle Sheehan (Reuters) -JDE Peet’s, one of the world..

Asian shares ease as early rate cut bets fizzle, focus on Fed minutes

Asian shares ease as early rate cut bets fizzle, focus on Fed minutes

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Wednesday as di..

Beijing shuts highways after heavy snowfall

Beijing shuts highways after heavy snowfall

BEIJING (Reuters) – Beijing shut some highways on Wednesday after heavier-tha..

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain

LONDON (Reuters) – Major U.S. crypto firm Circle will end support for its USDC..

UK employers offer smaller pay rises at start of 2024, XpertHR survey shows

UK employers offer smaller pay rises at start of 2024, XpertHR survey shows

LONDON (Reuters) – British employers scaled back the annual pay settlements th..

Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million

Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million

(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensat..

Barclays plans cost cuts, bumper buybacks in bid to boost shares

Barclays plans cost cuts, bumper buybacks in bid to boost shares

By Lawrence White and Iain Withers LONDON (Reuters) -Barclays laid out a three-year..

Dialysis firm FMC sees robust 2024 earnings growth after strong Q4

Dialysis firm FMC sees robust 2024 earnings growth after strong Q4

GDANSK (Reuters) – Fresenius Medical Care on Tuesday forecast its core earnin..

China slashes mortgage reference rates to revive property market

China slashes mortgage reference rates to revive property market

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Air Liquide tops profit forecast, hikes 2025 margin target

Air Liquide tops profit forecast, hikes 2025 margin target

(Reuters) -French industrial gases firm Air Liquide on Tuesday posted a better-than-..

Marketmind: Wages will test wagers on rates

Marketmind: Wages will test wagers on rates

A look at the day ahead in European and global markets from Tom Westbrook EuropeR..