Headlines

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

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pionee..

IBM misses second-quarter revenue estimates as tech spending cools

IBM misses second-quarter revenue estimates as tech spending cools

By Chavi Mehta (Reuters) – Enterprise software provider IBM’s second-qua..

Dollar gains as pound tumbles on cooling UK inflation

Dollar gains as pound tumbles on cooling UK inflation

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday a..

Atlas Copco posts Q2 profit beat, but sees slowing demand

Atlas Copco posts Q2 profit beat, but sees slowing demand

(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quart..

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 a..

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 ..

Canada defends digital taxes but sees path for global deal

Canada defends digital taxes but sees path for global deal

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada on Tuesday defended its..

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 im..

Nestle increases local sourcing in South Africa with new processing plant

Nestle increases local sourcing in South Africa with new processing plant

By Anait Miridzhanian HAMMANSKRAAL, South Africa (Reuters) – Swiss food compa..

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedbank profit exceeds forecast as real estate slump leaves scant mark

By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a big..

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 l..

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

By Charlie Devereux MADRID (Reuters) – Global temperatures were soaring to hi..

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 ex..

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

By Belén Carreño and Pietro Lombardi MADRID/VALLADOLID (Reuters) – Aiming to ..

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

By John Revill ZURICH (Reuters) -Luxury group Richemont reported a 14% increase in ..

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 Mond..

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..

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

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

By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which..

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

By Martin Coulter LONDON (Reuters) – Sweden’s Ericsson reported a 62% f..

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..

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production

BERLIN (Reuters) – German auto supplier Bosch will invest almost 2.5 billion ..

Elon Musk thinks China is interested in an international AI framework

Elon Musk thinks China is interested in an international AI framework

By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on..

UK’s Domino’s Pizza Group names new CEO

UK’s Domino’s Pizza Group names new CEO

(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has serve..

Discount retailer Pepco’s sales growth slows

Discount retailer Pepco’s sales growth slows

LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in und..

Big companies toughen banking partner screening after crisis – survey

Big companies toughen banking partner screening after crisis – survey

By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their..

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar

LONDON (Reuters) – British digital bank Monzo is in early stage discussions a..