News

EnBW sees FY adjusted EBITDA at upper end of forecast range

EnBW sees FY adjusted EBITDA at upper end of forecast range

BERLIN (Reuters) – German utility EnBW confirmed its full-year outlook on Frid..

Germany’s Lanxess calls on government to help chemicals industry

Germany’s Lanxess calls on government to help chemicals industry

By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess se..

Credit Agricole beats estimates on insurance, consumer finance

Credit Agricole beats estimates on insurance, consumer finance

PARIS (Reuters) – Credit Agricole SA, France’s second-largest listed ban..

WPP lowers full-year forecast as tech clients curb spending

WPP lowers full-year forecast as tech clients curb spending

LONDON (Reuters) -WPP, the world’s biggest advertising group, downgraded its f..

BNP Paribas lowers its Bank of England terminal rate forecast

BNP Paribas lowers its Bank of England terminal rate forecast

(Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal ..

UK’s July new car sales up more than 25%- SMMT

UK’s July new car sales up more than 25%- SMMT

(Reuters) – New car registrations in Britain rose more than 25% in July from a..

Dollar struggles before payrolls test; Aussie rebounds

Dollar struggles before payrolls test; Aussie rebounds

TOKYO (Reuters) – The dollar hung back from a four-week high against major pee..

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sa..

German services sector loses momentum-PMI

German services sector loses momentum-PMI

BERLIN (Reuters) – Growth in Germany’s services sector slowed in July f..

Siemens Healthineers confirms outlook despite problems at Varian

Siemens Healthineers confirms outlook despite problems at Varian

(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confi..

Taylor Wimpey expects full-year profits to halve amid housing gloom

Taylor Wimpey expects full-year profits to halve amid housing gloom

By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylor Wimpey’s ..

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-..

Stocks drop, Treasuries gain after Fitch downgrades US rating

Stocks drop, Treasuries gain after Fitch downgrades US rating

HONG KONG (Reuters) – Asian stocks and U.S. Treasury yields declined on Wednes..

Fresenius Medical forecasts smaller income decline as cost inflation eases

Fresenius Medical forecasts smaller income decline as cost inflation eases

FRANKFURT (Reuters) – Dialysis group Fresenius Medical Care on Wednesday said ..

Analysis-Point of no return: Australians fight for the right to work from home permanently

Analysis-Point of no return: Australians fight for the right to work from home permanently

By Byron Kaye SYDNEY (Reuters) – Before COVID-19 sent one-third of the global..

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options

LONDON/HOUSTON/LISBON (Reuters) -BP will defend its rights “to the absolute fu..

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

(Reuters) – Apple is likely to report a dip in iPhone sales in the April-June ..

European shares retreat as factory activity falters

European shares retreat as factory activity falters

(Reuters) -European stocks slipped on Tuesday, with the German DAX pulling back from..

Spain’s factory activity shrinks again in July on weak demand -PMI

Spain’s factory activity shrinks again in July on weak demand -PMI

MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecu..

UK baker Greggs confident on 2023 after first-half growth

UK baker Greggs confident on 2023 after first-half growth

LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecast..

Covestro sees 2023 EBITDA at lower end of forecast range

Covestro sees 2023 EBITDA at lower end of forecast range

(Reuters) – German chemicals maker Covestro on Tuesday said it expects its 20..

UK regulator seeks public input on Microsoft-Activision deal

UK regulator seeks public input on Microsoft-Activision deal

LONDON (Reuters) -Britain’s antitrust regulator on Monday called for public re..

US futures inch up; stock markets ride higher on cooler inflation

US futures inch up; stock markets ride higher on cooler inflation

By Nell Mackenzie LONDON (Reuters) – U.S. share futures treaded cautiously hi..

Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh

Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh

OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau made massive changes to his..

Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease

Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease

(Reuters) -Britain’s Senior forecast a strong second half of the year on Monda..

Britain commits to hundreds of North Sea oil and gas licences

Britain commits to hundreds of North Sea oil and gas licences

LONDON (Reuters) -Britain on Monday committed to granting hundreds of licences for N..

Manchester United renews Adidas partnership in $1.1 billion 10-yr deal

Manchester United renews Adidas partnership in $1.1 billion 10-yr deal

(Reuters) -Manchester United on Monday renewed the soccer club’s partnership w..

France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources

France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources

By Andres Gonzalez and Amy-Jo Crowley LONDON (Reuters) – French telecoms firm..

Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes

Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Markets have high ho..

At Europe’s big banks, women make some gains despite Rose exit

At Europe’s big banks, women make some gains despite Rose exit

ZURICH (Reuters) -Alison Rose’s resignation from NatWest leaves just one woman..

UK banks back in political crosshairs after Farage fiasco

UK banks back in political crosshairs after Farage fiasco

By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -After more than..

Swiss National Bank posts $15 billion loss during second quarter

Swiss National Bank posts $15 billion loss during second quarter

ZURICH (Reuters) – The Swiss National Bank posted a second quarter loss of 13..

Oil climbs close to April peak on tighter supply

Oil climbs close to April peak on tighter supply

By Alex Lawler LONDON (Reuters) -Oil climbed by almost 1% on Thursday, recouping lo..

Automakers’ demand helps STM weather softening chip market

Automakers’ demand helps STM weather softening chip market

(Reuters) -European chipmaker STMicroelectronics on Thursday forecast higher third-q..

Mediobanca to launch new $223 million buyback after record year

Mediobanca to launch new $223 million buyback after record year

MILAN (Reuters) – Italy’s Mediobanca said on Thursday it would buy back ..

Sabadell doubles Q2 net profit, lifts guidance for 2023

Sabadell doubles Q2 net profit, lifts guidance for 2023

MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in ..

EDF swings to profit thanks to price increases

EDF swings to profit thanks to price increases

PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first..