European junk debt sales spring back to life as sentiment improves
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as invest..
News
News
European junk debt sales spring back to life as sentiment improves
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as invest..
News
U.S. dollar advances vs major currencies as risk appetite fades
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major currencies on Wednesday in choppy trading, gainin..
News
ECB can cut carbon footprint by shedding bonds of biggest polluters
By Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its c..
News
Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union
By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia, the world’s second-largest palm oil producer, on Thursday said it might ..
News
EDPR brings Iberia’s first wind-solar power plant on-stream
By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – EDP Renovaveis, the world’s fourth-largest renewable power produ..
News
King Charles, Prince William make first appearances since Harry’s memoir
By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on T..
News
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
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
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
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
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
UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..
News
Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’
By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened it..
News
Fineco CEO expects fixed income demand to help managed assets
By Valentina Za MILAN (Reuters) – Italy’s FinecoBank is seeing strong demand for fixed income products as rates rise, whic..
News
INTERSPORT chooses Mood Media for its new Alpine store concept
Mood Media, the world’s leading experiential media company, announces that INTERSPORT Switzerland chose Mood Media and LG to equip its..
News
Around 40% of German companies expect output decline in 2023 – IW institute
BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..
News