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Italy’s MPS vows to keep delivering after sharp profit jump

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..

Ferrari CEO says e-fuel cars do not compromise carbon goals

Ferrari CEO says e-fuel cars do not compromise carbon goals

MILAN (Reuters) – Ferrari’s plans to continue building internal combust..

K+S cuts 2023 profit outlook on slow recovery, lower potash prices

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 ..

Li-Cycle and Glencore unveil plans for recycling hub in Italy

Li-Cycle and Glencore unveil plans for recycling hub in Italy

(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned..

Cryptoverse-Tether gets a lift from stability doubts

Cryptoverse-Tether gets a lift from stability doubts

(Reuters) – Digital stablecoin tether is winning the race for the title of the..

Daimler Truck sees higher returns as supply chains, demand improve

Daimler Truck sees higher returns as supply chains, demand improve

BERLIN (Reuters) – Daimler Truck reported on Tuesday an adjusted return of sa..

PayPal adjusted margin forecast cut eclipses higher profit expectations

PayPal adjusted margin forecast cut eclipses higher profit expectations

By Manya Saini (Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual ..

Amazon offers shoppers $10 to pick up purchases as it targets delivery costs

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..

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt exp..

Oil climbs almost 3% as recession fears begin to fade

Oil climbs almost 3% as recession fears begin to fade

LONDON (Reuters) – Oil rose almost 3% on Monday as U.S. recession fears eased ..

Pound hits one-year high against struggling dollar

Pound hits one-year high against struggling dollar

SINGAPORE/LONDON (Reuters) – Sterling hit an over-one-year high against the do..

Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday susp..

Volkswagen to name Bentley production chief as new Cariad head – sources

Volkswagen to name Bentley production chief as new Cariad head – sources

(Reuters) -Volkswagen will announce later on Monday the removal of the current leade..

“A great treat”: King Charles heralds weekend of coronation celebrations

“A great treat”: King Charles heralds weekend of coronation celebrations

LONDON (Reuters) – King Charles thanked singers who performed at a coronation ..

Italy open to selling down MPS stake on market if terms, buyers are right – sources

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..

German industrial output slumps, recession fears rise

German industrial output slumps, recession fears rise

BERLIN (Reuters) -German industrial production fell more than expected in March, par..

Spain’s Grifols names current chairman as CEO, ending family leadership

Spain’s Grifols names current chairman as CEO, ending family leadership

Spain’s Grifols names current chairman as CEO, ending family leadership By Joa..

Asia shares edge higher, wary of US bank data

Asia shares edge higher, wary of US bank data

SYDNEY (Reuters) – Asian shares were mostly higher on Monday as investors brac..

Analysis-Battle for China’s electric SUV market heats up at home and abroad

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..

King Charles greets wellwishers outside palace before coronation

King Charles greets wellwishers outside palace before coronation

LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishe..

World leaders gather in London for King Charles’ coronation

World leaders gather in London for King Charles’ coronation

By Michael Holden LONDON (Reuters) – King Charles will hold a reception on Fr..

WHO declares end to COVID global health emergency

WHO declares end to COVID global health emergency

By Jennifer Rigby LONDON (Reuters) -COVID-19 no longer represents a global health e..

Analysis-Smoldering Iran nuclear crisis risks catching fire

Analysis-Smoldering Iran nuclear crisis risks catching fire

WASHINGTON/PARIS/DUBAI (Reuters) – Even as the United States and its European ..

World food prices rise for first time in a year- FAO

World food prices rise for first time in a year- FAO

ROME (Reuters) – The United Nations food agency’s world price index rose..

Adidas shares leap on results but CEO warns of bumpy year

Adidas shares leap on results but CEO warns of bumpy year

LONDON (Reuters) -Adidas reported better-than-expected quarterly results and said th..

Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner

Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner

ATHENS (Reuters) – Alpha Bank ACBr.AT, one of Greece’s four largest lend..

UK PM Sunak: Election results show people want us to deliver for them

UK PM Sunak: Election results show people want us to deliver for them

LONDON (Reuters) – British Prime Minister Rishi Sunak said local elections res..

Portugal’s Galp quarterly profit up 62%, below market forecast

Portugal’s Galp quarterly profit up 62%, below market forecast

LISBON (Reuters) -Portugal’s Galp Energia reported on Friday a smaller-than-ex..

Republican leaders of Australia and NZ to pledge allegiance to king

Republican leaders of Australia and NZ to pledge allegiance to king

SYDNEY/WELLINGTON (Reuters) – The leaders of Australia and New Zealand will pl..

Macquarie posts record profits on higher income from commodities arm

Macquarie posts record profits on higher income from commodities arm

By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on F..

Geely’s London black cab unit unveils new large EV platform

Geely’s London black cab unit unveils new large EV platform

ANSTY, England (Reuters) – Geely unit London Electric Vehicle Company (LEVC) o..

Heineken to invest $300 million in Brazil to expand premium beer portfolio

Heineken to invest $300 million in Brazil to expand premium beer portfolio

SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, s..

US Treasury’s top international official heads to Europe, Asia for talks on economy

US Treasury’s top international official heads to Europe, Asia for talks on economy

WASHINGTON (Reuters) – The U.S. Treasury Department’s top international ..

What to expect from King Charles’ coronation on May 6

What to expect from King Charles’ coronation on May 6

By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbe..

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in..

Euro zone April business activity grows on strong services demand – PMI

Euro zone April business activity grows on strong services demand – PMI

BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, ..

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

Canadian PM Justin Trudeau to attend King Charles’ coronation in London OTTAWA..