ABB more confident about 2024 despite China slowdown
By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United St..
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Danone beats first-quarter sales forecasts, keeps 2024 goals
By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with a..
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..
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EU considers bringing emissions removal credits into carbon market
By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..
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Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..
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Navigation firm TomTom posts operating loss as auto sales slow
By Gaelle Sheehan and Mathias de Rozario (Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-ex..
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Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by ..
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UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms ..
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Analysis-Painful high rates wake-up call threatens global markets
By Naomi Rovnick LONDON (Reuters) – Fear that interest rates in major economies will stay relatively high is creeping back and ..
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IMF warns financial risks linger amid ‘soft landing’
By Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund is cautioning against overexuberance in markets as inv..
Finance
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
London-based RegTech company, docStribute, today announces the appointment of Manila McLean to the board of the Company a..
Business
Olympics-Paris 2024 torch lit in ancient Olympia, relay under way
By Karolos Grohmann ANCIENT OLYMPIA, Greece (Reuters) -The torch for the Paris 2024 Olympic Games was lit in ancient Olympia in a tra..
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Superdry plans to go private as it kicks off three-year turnaround plan
(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its ..
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Jaguar develops energy-storage unit using Range Rover batteries
By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK s..
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Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales..
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Swiss chemicals maker Sika posts 13.8% jump in Q1 sales
(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook fo..
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Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views
By Lewis Krauskopf and Naomi Rovnick NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as inv..
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Oil slips as risk premium eases after Iran attack
By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel pro..
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Enduring allure: balancing beauty and wealth through jewellery investment
In a market where uncertain investment avenues such as bitcoin and non-fungible tokens (NFTs) continue to soar in popularity, jewelle..
Finance
Dollar jumps, yen weakest since 1990 after strong U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Mo..
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Greece to spend 780 million euros to protect marine biodiversity, PM says
ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodi..
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UK fintechs ask government for help to ease capital shortages
By Elizabeth Howcroft LONDON (Reuters) -Leaders of the UK’s financial technology industry are urging the British government t..
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BNP Paribas to become top investor in Belgian insurer Ageas
PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas..
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Hungary to consider fuel price intervention, says economy minister
BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Centra..
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Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued
(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group gross profit in the first three months of 2024 d..
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Home improvement retailer Kingfisher names Claudia Arney as new chair
LONDON (Reuters) – European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in Ju..
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STOXX 600 climbs over 1% on rate-cut optimism
By Johann M Cherian and Ozan Ergenay (Reuters) -European shares rose to over a week’s high on Friday, with major indexes that u..
Finance
Analysis-Europe stands firm against US-driven ESG backlash
By Simon Jessop, Ross Kerber and Isla Binnie (Reuters) – Steady investor demand in Europe for environmental and socially respon..
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ECB holds rates, signals rate cut on horizon
LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thursday, but signalled that it may be preparing to eas..
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HEXAGON CARDS LAUNCHES NEW WEBSITE TO CELEBRATE YEAR ON YEAR INCREASE IN MEMBERSHIP SIGNUPS
Hexagon Cards, one of the UK’s most exclusive business clubs, has launched a new website and membership portal following an unprecede..
Business
Europe’s SMEs need one set of rules, report to say
By Giselda Vagnoni (Reuters) – Europe’s export-oriented small businesses should be offered a single regulatory framework ..
Business
Bank of England’s Greene says rate cuts should be “a way off”
(Reuters) -Bank of England policymaker Megan Greene said interest rate cuts in Britain should remain “a way off” because ..
Finance
Oil prices edge up on escalation in Middle East tensions
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session..
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ECB to set up June rate cut after rapid disinflation
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing costs at a..
News
Dollar firms, yen fragile as Fed cut wagers crumble
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed linger..
Finance
Asian shares fall on U.S. rate scare, yen plumbs 34-yr low
By Stella Qiu SYDNEY (Reuters) – Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to ..
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Nike pins hopes on Olympics in race to take back market share
By Helen Reid PARIS (Reuters) – Nike is set to unveil new kits for the Olympic national teams it sponsors including the U.S. an..
Business