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Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

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..

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

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..

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

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..

Oil slips as risk premium eases after Iran attack

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..

Enduring allure: balancing beauty and wealth through jewellery investment

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..

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

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..

Greece to spend 780 million euros to protect marine biodiversity, PM says

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..

UK fintechs ask government for help to ease capital shortages

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..

BNP Paribas to become top investor in Belgian insurer Ageas

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..

Hungary to consider fuel price intervention, says economy minister

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..

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

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..

Home improvement retailer Kingfisher names Claudia Arney as new chair

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..

STOXX 600 climbs over 1% on rate-cut optimism

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..

Analysis-Europe stands firm against US-driven ESG backlash

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..

ECB holds rates, signals rate cut on horizon

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..

HEXAGON CARDS LAUNCHES NEW WEBSITE TO CELEBRATE YEAR ON YEAR INCREASE IN MEMBERSHIP SIGNUPS

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..

Europe’s SMEs need one set of rules, report to say

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 ..

Bank of England’s Greene says rate cuts should be “a way off”

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 ..

Oil prices edge up on escalation in Middle East tensions

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..

ECB to set up June rate cut after rapid disinflation

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..

Dollar firms, yen fragile as Fed cut wagers crumble

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..

Asian shares fall on U.S. rate scare, yen plumbs 34-yr low

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 ..

Nike pins hopes on Olympics in race to take back market share

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..

Paris Olympics on track to hit NBC ad sales record after pandemic

Paris Olympics on track to hit NBC ad sales record after pandemic

By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUnivers..

U.N. climate chief says two years to save the planet

U.N. climate chief says two years to save the planet

By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take..

Companies get green light to use offsets for supply chain emissions

Companies get green light to use offsets for supply chain emissions

By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credit..

UK equities end volatile session higher as investors ponder rate outlook

UK equities end volatile session higher as investors ponder rate outlook

By Sruthi Shankar, Khushi Singh and Pranav Kashyap (Reuters) -UK equities closed Wednesday’s volatile session higher as investo..

European shares rebound from one-month low; ECB rate verdict up next

European shares rebound from one-month low; ECB rate verdict up next

By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high..

US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data

US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to ..

Maintaining compliance with new commercial finance disclosures in a shifting commercial financing landscape

Maintaining compliance with new commercial finance disclosures in a shifting commercial financing landscape

By Will Tumulty In 2022 California became the first state to enact a state-level commercial financing disclosure law tha..

EU extends trade guide on Chinese distortions to new sectors

EU extends trade guide on Chinese distortions to new sectors

By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chines..

UK’s Tesco forecasts profit rise as consumer sentiment improves

UK’s Tesco forecasts profit rise as consumer sentiment improves

By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early ..

Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into lay..

M&C Saatchi expects 2024 profit to meet forecasts

M&C Saatchi expects 2024 profit to meet forecasts

(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings in..

UK’s THG returns to revenue growth in Q4 on demand for beauty products

UK’s THG returns to revenue growth in Q4 on demand for beauty products

(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in..

Puma hones focus on speed in Olympic battle with Adidas and Nike

Puma hones focus on speed in Olympic battle with Adidas and Nike

By Helen Reid PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with s..

Barry Callebaut operating profit falls 40% on transformation costs

Barry Callebaut operating profit falls 40% on transformation costs

(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wedn..