UK supermarket sales rise 5.4%, NIQ market researcher says
LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflati..
Headlines
Headlines
Diversifying companies delivered 53% higher annual shareholder returns during and after COVID
Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% high..
Headlines
Swiss Re appoints Andreas Berger as new CEO from July
ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July,..
Headlines
CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says
(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its pa..
Headlines
IKEA Foundation backs emerging market EV push with $100 million grant
By Simon Jessop and Virginia Furness LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received ..
Headlines
UK shop prices rise at slowest pace since December 2021
LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consort..
Headlines
Disney edges ahead in battle for board seats with activist investors
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in th..
Headlines
UBS launches new $2bn share buyback
ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being ..
Headlines
BMW and India’s Tata Technologies to form JV for developing software
BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury ..
Headlines
King Charles greets well-wishers after Easter Sunday service
By Hollie Adams WINDSOR, England (Reuters) -Britain’s King Charles greeted well-wishers in an impromptu walkabout after an East..
Headlines
China believes France will provide fair business environment for Chinese firms, foreign ministry says
BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European countr..
Headlines
Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product global..
Headlines
Xiaomi’s EV buyers face up to seven-month wait for car, app shows
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face a..
Headlines
Stocks subdued, yen in focus, with inflation data on tap
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global share markets was barely changed on Thursday as it ..
Headlines
Hershey, Mondelez bet big on Easter as cocoa price crisis looms
(This March 26 story has been refiled to correct the data source to ‘NielsenIQ’ from ‘Nielsen’ in paragraph 2..
Headlines
UK’s Thames Water in crisis after shareholders refuse to pay up
By Sarah Young LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused t..
Headlines
Mercedes partly loses class action case over diesel defeat devices
BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz ..
Headlines
UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger
LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2&#..
Headlines
JD Sports’ January sales fall in ‘challenging’ market
LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dr..
Headlines
French company Valeo to use more Google Cloud AI tools
PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highligh..
Headlines
BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports
(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be “a long way off,” the..
Headlines
Analysis-Foreign firms’ losses from exiting Russia top $107 billion
By Alessandro Parodi and Alexander Marrow (Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has c..
Headlines
Climate change, AI in focus at Commonwealth’s Oct meet in Samoa
By Cordelia Hsu SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a..
Headlines
UK homeowners and businesses resilient to high interest rates, BoE says
LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and pro..
Headlines
Analysis – Europe’s gas stocks point to healthy supply next winter
By Susanna Twidale, Marwa Rashad and Nina Chestney LONDON (Reuters) – The European Union will have plenty of gas in stock nex..
Headlines
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..
Headlines
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hit..
Headlines
Brazil, France launch $1.1 billion program to protect Amazon rainforest
By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and..
Headlines
UK’s ASOS posts 18% drop in first-half sales
LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet..
Headlines
German consumer sentiment stays on slow recovery path, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer househo..
Headlines
France’s Atos seeks debt restructuring plan by July after record losses
By Augustin Turpin (Reuters) -French IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday, af..
Headlines
RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores
RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastruct..
Headlines
Google, Apple breakups on the agenda as global regulators target tech
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust..
Headlines
Home improvement retailer Kingfisher warns on profit outlook
LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts..
Headlines
Talgo’s top shareholder in talks with Stadler over takeover bid, report says
MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival St..
Headlines
Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander
By Jesús Aguado MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap ..
Headlines
Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
By Nell Mackenzie LONDON (Reuters) – Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge f..
Headlines