Safran posts higher Q1 revenue, keeps financial targets
PARIS (Reuters) -French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for th..
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Denso to sell off cross-shareholdings and use proceeds on M&A
TOKYO (Reuters) – Toyota Motor supplier Denso plans to eventually sell all of its cross-shareholdings, its president said on Fr..
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Airport operator ADP Q1 revenue boosted by post-pandemic travel boom
By Diana Mandia (Reuters) -French airport group ADP reported on Friday a better-than-expected rise in first-quarter revenue, benefiti..
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NatWest first-quarter profit slumps 27% as savings, mortgage competition bite
LONDON (Reuters) -NatWest’s first-quarter profit fell by a less than expected 27%, it said on Friday, hit by competition for sav..
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Tepid economic data weighs on equities; yen sinks to fresh lows
By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. sup..
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UPS, FedEx transition to electric vans slowed by battery shortages, low supply
LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need t..
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Two million Britons suffer long COVID symptoms, survey shows
By David Milliken LONDON (Reuters) – Two million people across England and Scotland are still suffering from long COVID symptom..
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Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar gained on Thursday after a hotter-th..
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Meta sparks tech selloff as AI splurge spooks Wall Street
By Aditya Soni and Kanchana Chakravarty (Reuters) -Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big technolog..
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Repsol working on closing first “renewable asset rotation” in US – CEO
MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreeme..
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Delivery Hero ups revenue outlook on rising orders, ad revenue
(Reuters) -German online food takeaway company Delivery Hero raised its revenue guidance for the year on Thursday on the back of risin..
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Factbox-Anglo American, BHP mining operations around the world
(Reuters) – British multinational miner Anglo American on Thursday said it had received an all-share takeover proposal from the..
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China’s largest auto show showcases all-electric future, local brands dominate
By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) – China’s largest auto show opened in Beijing on ..
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Unilever beats quarterly sales growth forecasts
(Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s..
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Chinese EV battery maker CATL unveils LFP battery with 1,000 km range
BEIJING (Reuters) – Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) batter..
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Sanofi profit slips on generic competition and currency effects
By Ludwig Burger (Reuters) -Sanofi’s first-quarter operating income fell 14.7% as currency effects and cheap competition to its..
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Adapting to Changes in Global Trade Policies
Introduction: In an interconnected world, global trade policies play a pivotal role in shaping economic landscapes. From tariffs to t..
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Polish central bank reports loss of $5 billion dollars in 2023
WARSAW (Reuters) – The National Bank of Poland (NBP) made a loss of 20.8 billion zlotys ($5.2 billion) in 2023 compared to a lo..
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Maersk could offer limited Baltimore barge service
COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping services at the U.S. Port of Baltimore when a temporary ..
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Telecoms firm Orange slips on drop in French broadband customers
By Diana Mandia (Reuters) -French telecoms operator Orange reported on Wednesday a drop in first-quarter fixed broadband customers in..
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Spain sees US-style economic boost from immigrant workers
By Belén Carreño MADRID (Reuters) – Achieving her career ambitions in Spain has proved remarkably easy for Sara Hernandez, a sy..
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Orsted says Taiwan wind project to power TSMC on track for 2025 finish
TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore wind farm developer, said on Wednesday a project ..
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Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%
HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s economic growth this year to 6.0% from 6.7%, the ..
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Australia Q1 inflation slowdown disappoints, rate cut bets gone
Australia Q1 inflation slowdown disappoints, rate cut bets gone
By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed s..
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Global equity market-neutral hedge funds shine
By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge funds have lured investors as they can deliver bette..
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Electric car sales to rise but affordability in focus, IEA says
By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the Int..
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SMEs and global trade opportunities
In an increasingly interconnected world, the landscape of global trade offers a treasure trove of opportunities for Small and Medium-..
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Renault says new models to lift 2024 sales, confirms profit outlook
PARIS (Reuters) -Renault expects its sales growth to accelerate this year as it launches a number of new models, the French automaker ..
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Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble
(Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from ..
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Euro at highest to yen since 2008, markets nervy over Toyko stepping in
TOKYO/LONDON (Reuters) -The yen hit multi-year lows against the dollar and the euro on Tuesday, keeping investors on heightened interv..
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Prince William and wife Kate thank public for birthday messages for son Louis
LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked the public for their messages which had been sent t..
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Oil falls back after robust EU data as Mideast tensions linger
By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as..
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Stocks gear up for Big Tech earnings; yen sits near danger zone
By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus o..
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Italy’s Lavazza launches bid to take machine vendor IVS private
MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a..
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Japan’s 7-Eleven convenience chain targets aggressive global growth
TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven co..
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Golden Goose’s net revenues up 12% in first quarter
MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first ..
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Sluggish demand and oversupply sap European diesel markets
By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow..
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