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Lonza cuts 2023 outlook on slower growth, lower customer demand

Lonza cuts 2023 outlook on slower growth, lower customer demand

(Reuters) – Swiss contract drug manufacturer Lonza cut its full-year outlook o..

UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader

UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader

LONDON (Reuters) – Britain’s opposition Labour Party was not taking any..

British retail sales beat expectations in June

British retail sales beat expectations in June

By David Milliken LONDON (Reuters) – British retail sales rose more than expe..

Global miner Anglo American’s first-half production surges 42%

Global miner Anglo American’s first-half production surges 42%

LONDON (Reuters) – Global miner Anglo American said on Thursday its first-hal..

Asia stocks nudge higher, gains capped by China worries

Asia stocks nudge higher, gains capped by China worries

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched higher on Thursda..

ABB sees robust activity as Q2 profit beats forecasts

ABB sees robust activity as Q2 profit beats forecasts

ZURICH (Reuters) -ABB said customer activity remained “robust” during i..

Netflix quarterly revenue misses forecasts, shares slide

Netflix quarterly revenue misses forecasts, shares slide

LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on W..

IBM misses second-quarter revenue estimates as tech spending cools

IBM misses second-quarter revenue estimates as tech spending cools

(Reuters) – Enterprise software provider IBM’s second-quarter revenue fe..

Dollar gains as pound tumbles on cooling UK inflation

Dollar gains as pound tumbles on cooling UK inflation

NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in t..

European shares gain on boost from Kering; UK stocks shine

European shares gain on boost from Kering; UK stocks shine

By Amruta Khandekar (Reuters) -European shares rose on Wednesday on a boost from sh..

Truck maker Volvo’s quarterly profit surges, beats estimates

Truck maker Volvo’s quarterly profit surges, beats estimates

By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logge..

Inflation surprise sets UK homebuilders for biggest rally since 2008

Inflation surprise sets UK homebuilders for biggest rally since 2008

MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as..

Aviva releases H1 2023 profit guidance, growth estimates

Aviva releases H1 2023 profit guidance, growth estimates

LONDON (Reuters) – Aviva said on Wednesday it expected to deliver around 700 m..

Canada defends digital taxes but sees path for global deal

Canada defends digital taxes but sees path for global deal

OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its imp..

Spain antitrust watchdog fines Amazon, Apple $218 million

Spain antitrust watchdog fines Amazon, Apple $218 million

MADRID (Reuters) – Spain’s antitrust watchdog on Tuesday said it had imp..

Nestle increases local sourcing in South Africa with new processing plant

Nestle increases local sourcing in South Africa with new processing plant

HAMMANSKRAAL, South Africa (Reuters) – Swiss food company Nestle said on Tuesd..

Intensifying heat waves prompt health warnings for Europe, US

Intensifying heat waves prompt health warnings for Europe, US

PHOENIX (Reuters) -A global pattern of heat waves scorching parts of Europe, Asia an..

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedbank profit exceeds forecast as real estate slump leaves scant mark

STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected ..

Greece to begin selling bank stakes this autumn-sources

Greece to begin selling bank stakes this autumn-sources

ATHENS (Reuters) – Greece will this autumn start selling stakes in its four la..

Japan PM Kishida in Abu Dhabi for energy, green tech talks

Japan PM Kishida in Abu Dhabi for energy, green tech talks

By Rachna Uppal ABU DHABI (Reuters) – Japanese Prime Minister Fumio Kishida a..

Global temperatures near record highs as US, China meet on climate

Global temperatures near record highs as US, China meet on climate

MADRID (Reuters) – Global temperatures were soaring to historic highs as the w..

German economy may disappoint as sentiment worsens – Bundesbank

German economy may disappoint as sentiment worsens – Bundesbank

FRANKFURT (Reuters) – The German economy may shrink by more this year than exp..

Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities

Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities

MADRID/VALLADOLID (Reuters) – Aiming to highlight the city of Valladolid’..

TomTom lifts 2023 forecasts after new maps help beat Q2 expectations

TomTom lifts 2023 forecasts after new maps help beat Q2 expectations

By Augustin Turpin (Reuters) -Digital mapping specialist TomTom on Monday raised it..

CDS panel rules UBS is sole successor to Credit Suisse after merger

CDS panel rules UBS is sole successor to Credit Suisse after merger

LONDON (Reuters) -A committee that reviews disputes in the credit default swaps (CD..

Luxury group Richemont boosted by Asia recovery but Americas weigh

Luxury group Richemont boosted by Asia recovery but Americas weigh

ZURICH (Reuters) -Luxury group Richemont reported a 14% increase in first- quarter s..

Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile

Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile

BENGALURU (Reuters) – Belgian telecom service provider Proximus Group on Monda..

Russian scientists warn of powerful solar flare activity on Monday

Russian scientists warn of powerful solar flare activity on Monday

(Reuters) – Powerful solar flare activity is forecast for Monday which may int..

UN Security Council to hold first talks on AI risks

UN Security Council to hold first talks on AI risks

LONDON (Reuters) – The United Nations Security Council will hold its first fo..

StanChart to sell sub-Saharan Africa business to Access Bank

StanChart to sell sub-Saharan Africa business to Access Bank

DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreeme..

Small business distress index hits mid-2020 high

Small business distress index hits mid-2020 high

By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium..

Auto lobby urges Spain’s next government to commit to decarbonisation

Auto lobby urges Spain’s next government to commit to decarbonisation

((This July 12 story has been corrected to clarify that the forecast is for all car ..

Signs ‘crypto winter’ ending as regulatory fog begins to lift

Signs ‘crypto winter’ ending as regulatory fog begins to lift

SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of ..

Italy’s luxury groups set aside rivalries to keep it local

Italy’s luxury groups set aside rivalries to keep it local

MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealo..

Euro zone ministers agree on gradual wind-down of spending

Euro zone ministers agree on gradual wind-down of spending

BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the s..

Ericsson’s quarterly operating profit declines, beats expectations

Ericsson’s quarterly operating profit declines, beats expectations

LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quart..

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

By Jonathan Spicer and Huseyin Hayatsever ANKARA (Reuters) -Canada has unfrozen tal..