German inflation higher than expected ahead of ECB rates decision
German inflation higher than expected ahead of ECB rates decision By Rachel More BERLIN (Reuters) -German inflation rose slightly more than forecast to 2.8% in May, although economists said an increase...
View ArticleAirline SAS posts bigger Q2 loss, eyes end to restructuring
Airline SAS posts bigger Q2 loss, eyes end to restructuring (Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fiscal second quarter compared to a year earlier and said on...
View ArticleSneaker maker Golden Goose aims to list in Milan in June
Sneaker maker Golden Goose aims to list in Milan in June MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June. The offer will consist...
View ArticleBrookfield enters deal to buy France’s Neoen for $6.6 billion
Brookfield enters deal to buy France’s Neoen for $6.6 billion (Reuters) -Canada’s Brookfield said on Thursday that it, together with Brookfield Renewable Partners and Singapore’s Temasek Holdings, has...
View ArticleItaly April jobless rate falls to 6.9%, lowest since 2008
Italy April jobless rate falls to 6.9%, lowest since 2008 ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April from a downwardly revised 7.1% the month before, data showed on Thursday,...
View ArticleBirkenstock raises annual revenue forecast on strong footwear demand
Birkenstock raises annual revenue forecast on strong footwear demand (Reuters) – Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-price...
View ArticleDollar trades around two-week high as U.S. bond yields surge
Dollar trades around two-week high as U.S. bond yields surge (Corrects days of 0.5% falls in paragraphs four and 11 to Wednesday, from Tuesday) By Harry Robertson and Kevin Buckland LONDON/TOKYO...
View ArticleBattle over power pylons highlights Britain’s net zero challenge
Battle over power pylons highlights Britain’s net zero challenge By Elizabeth Piper WAVENEY VALLEY, England (Reuters) – Dot Matthie says she faces losing the use of the airstrip in her field because of...
View ArticleBritain’s creaking power grid leaves green energy revolution adrift
Britain’s creaking power grid leaves green energy revolution adrift By Paul Sandle and Kate Holton PORTSMOUTH, England (Reuters) – British ferry operator Wightlink wants to order a $60 million,...
View ArticleStocks regain some ground, bonds steady after rate angst sell-off
Stocks regain some ground, bonds steady after rate angst sell-off By Samuel Indyk and Rae Wee LONDON (Reuters) -European stocks edged higher on Thursday as bonds regained some ground after a sell-off...
View ArticleLondon stocks end higher for third month
London stocks end higher for third month By Pranav Kashyap and Purvi Agarwal (Reuters) -London stocks closed higher on Friday, logging a third straight month of gains, as investors cheered an in-line...
View ArticleEuropean shares rise after US inflation data keeps Fed rate cut hopes alive
European shares rise after US inflation data keeps Fed rate cut hopes alive By Shubham Batra and Shashwat Chauhan (Reuters) -European shares rose on Friday after softer U.S. inflation data spurred...
View ArticleStocks lose steam after U.S. data
Stocks lose steam after U.S. data By Sinéad Carew and Huw Jones LONDON (Reuters) -MSCI’s global equities index gave up earlier gains on Friday after data showed modest U.S. inflation in April, while...
View ArticleOil set for weekly loss ahead of OPEC+ meeting
Oil set for weekly loss ahead of OPEC+ meeting By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on Sunday that will...
View ArticleDollar slides after US inflation meets expectations in April
Dollar slides after US inflation meets expectations in April By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was lower and on track for its first monthly decline in 2024 after...
View ArticleDell shares slump as heavy AI investments expected to dent margin
Dell shares slump as heavy AI investments expected to dent margin (Reuters) -Dell Technologies shares tumbled about 18% on Friday, as the PC and server maker expects sizeable AI investments to dent its...
View ArticlePound heads for best monthly gain of 2024 ahead of US inflation
Pound heads for best monthly gain of 2024 ahead of US inflation LONDON (Reuters) – The pound headed on Friday for its best monthly performance against the dollar this year, driven by expectations that...
View ArticleEuro zone inflation rises in fresh signal for ECB caution
Euro zone inflation rises in fresh signal for ECB caution By Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation rose in May, data showed on Friday, in a sign the European Central Bank still...
View ArticleUK supermarket sales set for Euro 2024 fillip, says NIQ
UK supermarket sales set for Euro 2024 fillip, says NIQ LONDON (Reuters) – The return of some warm weather in May helped drive sales growth at British supermarkets and they are set for a boost from the...
View ArticleItalian banks must invest more in technology, central bank says
Italian banks must invest more in technology, central bank says ROME (Reuters) – Technology investments by larger Italian banks lag behind those of their European peers, the central bank said on...
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