Analysis-As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy
By Tim Kelly, Karen Freifeld and Kentaro Sugiyama TOKYO/NEW YORK (Reuters) – Japan’s imposition of export controls on chi..
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Philips slightly raises 2023 outlook after Q2 core profit beat
(Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expect..
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Julius Baer reports 18% H1 net profit rise
ZURICH (Reuters) -Swiss private bank Julius Baer reported an 18% increase in net profit for the first half of 2023 on Monday as it sa..
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Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays
DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June,..
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Yen pressured as traders wait on policy decisions
By Tom Westbrook SYDNEY (Reuters) – The dollar and euro made firm starts on Monday to a week full of central bank meetings, whi..
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UK’s EasyJet says it is operating flights as normal to Rhodes
LONDON (Reuters) -Britain’s easyJet said on Sunday it was operating flights as normal to Rhodes but was closely monitoring the ..
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Russian central bank governor speaks after hiking rate to 8.5%
(Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference on Friday after the ..
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Introducing Janus, the exotic ‘two-faced’ white dwarf star
By Will Dunham WASHINGTON (Reuters) – Some people are two-faced, figuratively speaking of course. The ancient Roman god Janus w..
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Nokian Tyres profit tumbles amid Russian exit, shares fall
HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp fall in operating profit for the second quarter, sending ..
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UK consumers defy high inflation and shop more in June
By David Milliken LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks t..
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Extreme heatwaves to continue through August, WMO adviser says
GENEVA (Reuters) – Heatwaves are expected to persist in a large part of the world throughout August, an adviser on extreme heat..
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Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop
By Gwladys Fouche OSLO (Reuters) -Aluminium producer Hydro raised its guidance for capital expenditure this year and said global dema..
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Lonza cuts 2023 outlook on slower growth, lower customer demand
By Bartosz Dabrowski (Reuters) – Swiss contract drug manufacturer Lonza cut its full-year outlook on Friday, citing slower than..
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UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader
LONDON (Reuters) – Britain’s opposition Labour Party was not taking anything for granted after an historic win in a local..
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British retail sales beat expectations in June
By David Milliken LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and..
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Global miner Anglo American’s first-half production surges 42%
LONDON (Reuters) – Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the..
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Asia stocks nudge higher, gains capped by China worries
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched higher on Thursday as investors took stock of corporate earnings an..
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ABB sees robust activity as Q2 profit beats forecasts
ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company..
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Netflix quarterly revenue misses forecasts, shares slide
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday wi..
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IBM misses second-quarter revenue estimates as tech spending cools
By Chavi Mehta (Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectatio..
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Dollar gains as pound tumbles on cooling UK inflation
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more t..
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Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, bu..
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European shares gain on boost from Kering; UK stocks shine
By Amruta Khandekar (Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the..
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Truck maker Volvo’s quarterly profit surges, beats estimates
By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarte..
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Inflation surprise sets UK homebuilders for biggest rally since 2008
MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK inflation ..
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Aviva releases H1 2023 profit guidance, growth estimates
LONDON (Reuters) – Aviva said on Wednesday it expected to deliver around 700 million pounds ($907.20 million) in group operatin..
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Canada defends digital taxes but sees path for global deal
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of..
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Spain antitrust watchdog fines Amazon, Apple $218 million
MADRID (Reuters) – Spain’s antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($21..
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Nestle increases local sourcing in South Africa with new processing plant
By Anait Miridzhanian HAMMANSKRAAL, South Africa (Reuters) – Swiss food company Nestle said on Tuesday it would be locally sour..
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Nestle increases local sourcing in South Africa with new processing plant
By Anait Miridzhanian HAMMANSKRAAL, South Africa (Reuters) – Swiss food company Nestle said on Tuesday it would be locally sour..
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How Web3 technology is reshaping the landscape of music streaming platforms
By Andrew Antar, Founder & CEO — Tune.FM Music streaming platforms have revolutionized the way we access and listen to our favo..
Technology
Enhance reflects on Q2 2023
Enhance is the leading investment monitoring and advisory boutique for fiduciaries, family offices and charities a..
Business
Swedbank profit exceeds forecast as real estate slump leaves scant mark
By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday o..
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Greece to begin selling bank stakes this autumn-sources
ATHENS (Reuters) – Greece will this autumn start selling stakes in its four largest banks, sector officials and bankers said on..
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Japan PM Kishida in Abu Dhabi for energy, green tech talks
By Rachna Uppal ABU DHABI (Reuters) – Japanese Prime Minister Fumio Kishida arrived in the United Arab Emirates on Monday for t..
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Global temperatures near record highs as US, China meet on climate
By Charlie Devereux MADRID (Reuters) – Global temperatures were soaring to historic highs as the world’s two biggest carb..
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German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce..
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