“Last hope”: Eager Germans are prepared to pay for weight-loss drug
By Ludwig Burger and Maggie Fick FRANKFURT/LONDON (Reuters) – Frustrated after countless failed diet and exercise attempts, 41 ..
News
News
Unilever sees Chinese consumer confidence at ‘historical low point’
By Richa Naidu LONDON (Reuters) – British consumer goods giant Unilever said on Tuesday that China’s declining property m..
News
Euro zone firms slash loan demand to lowest on record: ECB poll
FRANKFURT (Reuters) – Euro zone firms’ demand for loans dropped to the lowest on record last quarter and a further declin..
News
Pertamina, Petronas to pay up to $650 million for Shell’s Masela gas stake
By Fransiska Nangoy and Bernadette Christina TANGERANG, Indonesia (Reuters) -Indonesia’s Pertamina and Malaysia’s Petrona..
News
Keyboard maker Logitech raises forecast for first half of 2024
(Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year 2024 on Tuesday in its..
News
UK’s Virgin Media O2 to lay off up to 2,000 employees by year end
(Reuters) – British mobile operator Virgin Media O2 said on Monday it was planning to lay off up to 2,000 employees by the end ..
News
Southern Europeans splash out on air-con as heatwave drags on
By Corina Pons and Elisa Anzolin MADRID/MILAN (Reuters) – As Southern Europe battles extreme heat with no end in sight, people ..
News
Naturgy’s profit rises on LNG gains, soothing shareholders
By Pietro Lombardi MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six ..
News
Worsening euro zone business downturn reignites recession fears
By Jonathan Cable LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the bloc’s ..
News
Vodafone takes ‘first steps’ in turnaround with top-line improvement
By Paul Sandle LONDON (Reuters) -Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improveme..
News
UK firms grow at slowest in 6 months as rate hikes weigh: PMI
LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July as orders for businesses..
News
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..
News
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..
News
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..
News
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,..
News
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..
News
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 ..
News
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 ..
News
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..
News
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 ..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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..
News