Ericsson’s provision for U.S. probe hints of smaller fine, shares jump
STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an expect..
News
All Posts
German home solar power firm sees bright future as demand soars
By Vera Eckert and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soaring demand for home solar power systems in Germany could..
News
Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales gui..
News
Ubisoft shares slump 20% after French video game maker warns on revenue
By Dominique Vidalon PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and p..
News
Centrica names O’Brien as new CFO, raises earnings forecast
(Reuters) -British Gas owner Centrica on Thursday named Russell O’Brien as its chief financial officer, and raised its full-year..
News
Suedzucker quarterly profits surge 73.5% despite cost rise
HAMBURG (Reuters) -Europe’s largest sugar producer, Suedzucker, on Thursday posted a rise of 73.5%% in quarterly earnings as hig..
News
Varo Energy buys 80% of Dutch biogas firm; aims to double capacity by 2026
LONDON (Reuters) – Fuel trader and refiner Varo Energy, owned by Carlyle and energy trader Vitol, told Reuters on Thursday it ha..
News
KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restauran..
News
AnswerConnect Donates to Yosemite Conservancy To Support Critical Preservation Work in Yosemite National Park
The virtual receptionist provider AnswerConnect has donated to Yosemite Conservancy – the only nonprofit dedicated to preservin..
Finance
Abris-backed Velvet CARE buys Almus
Acquisition will boost Velvet CARE’s position as the Polish market leader in paper tissue manufacturing. Abris Capital Partners..
Business
Chinese fret over elderly as WHO warns of holiday COVID surge
By Bernard Orr and Liz Lee BEIJING (Reuters) -People in China worried on Thursday about spreading COVID-19 to aged relatives as they p..
News
Stocks becalmed before potential CPI storm
By Tom Westbrook SINGAPORE (Reuters) – Asian stocks hovered below seven-month highs on Thursday, as investors waited to see whet..
News
Apple may add touch screens to Mac computers – Bloomberg News
(Reuters) -Apple Inc is actively working on adding touch screens to its Mac computers, Bloomberg News reported on Wednesday, citing pe..
News
Global stocks advance ahead of U.S. inflation data
By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – Wall Street equities followed Europe’s higher on Wednesday as in..
Finance
Christmas fizz prompts UK’s Sainsbury’s to lift profit guidance
By James Davey LONDON (Reuters) -Sainsbury’s, the first listed British supermarket to update on Christmas trading, forecast full..
Business
Move over TINA, it’s time for TARA
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By ..
Finance
How technology can help fitness franchises to differentiate themselves and engage new members
There are over 7,000 health and fitness clubs in the UK, with over 10 million combined members. This makes the UK fitness industry one..
Business
Greensleeves celebrates its third consecutive record-breaking year of growth
Reflecting on 2022, lawn care franchise Greensleeves is now celebrating a third consecutive record-breaking year of network turnover w..
News
JD Sports sees bills-free young shoppers boosting profits
By Sarah Young LONDON (Reuters) – JD Sports expects young shoppers not yet saddled with household bills to defy the economic glo..
News
Bayer shares gain on prospect of second activist pushing for change
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer is facing demands from activist investor Bluebell Capital Partners to b..
News
Cellnex’s CEO Tobias Martinez steps down amid strategy shift
MADRID (Reuters) -Spanish phone tower operator Cellnex said on Wednesday its chief executive Tobias Martinez Gimeno has resigned after..
News
StanChart weighing options, including sale, of aircraft lessor unit
SINGAPORE (Reuters) -Standard Chartered said it is looking to explore alternative options, including a sale, for its aviation finance ..
News
Low use of shortened work hours points to mild German recession – Ifo
BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very ..
News
Dollar stands firm while traders await CPI
By Tom Westbrook SINGAPORE (Reuters) – The dollar mostly held its ground on Wednesday in spite of downward pressure from lower b..
News
Germany’s BioNTech buys British AI startup InstaDeep
(Reuters) -BioNTech SE has agreed to acquire British artificial intelligence (AI) startup InstaDeep for up to 562 million pounds ($682..
News
Wondering whether to rebalance your investments? Here are the factors investors should consider
By Alister Sneddon, Head of Product at CMC Invest It’s news to no one that the financial markets have been through ..
Finance
Black Business Recommendation launch ‘doing-for-self’ £10,000 Interest-Free Business Development Loan opportunity for black businesses
Black Business Recommendation is proud to announce the £10,000 Interest-Free Business Development Loan opportunity – One lucky ..
Business
Exciting times as The Consumer Helpline secures funding for growth via SME Capital in their first Welsh investment deal
The Consumer Helpline is delighted to announce a new ownership structure following a Buy-in Management Buy-out (BIMBO) funded by SME ..
Finance
Inflation fighting central bankers air climate role doubts
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..
Finance
World Bank warns global economy could easily tip into recession in 2023
By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the br..
Finance
Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to..
Finance
Mercedes-Benz sells 2.05 million passenger cars in 2022
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous ye..
News
UK’s Morgan Advanced Materials reports cyber security incident on its network
(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident aft..
News
Cryptoverse: Bitcoin digs in for a bumpy new year
By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies ..
News
Taiwan calls on Germany to help maintain ‘regional order’
TAIPEI (Reuters) – Taiwan President Tsai Ing-wen called on Germany on Tuesday to help maintain “regional order” duri..
News
French PM to unveil pension reform in big test for Macron
By Caroline Pailliez and Leigh Thomas PARIS (Reuters) – French Prime Minister Elisabeth Borne on Tuesday will unveil the details..
News
Bentley cruises to record sales in 2022 despite China drop
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong ..
News