Category Archives:
Engineering Group ABB unveils higher sales and profitability targets
ZURICH (Reuters) - ABB expects to increase its annual sales by a total of 6% to 9% each year from 2024, the Swiss engineering group said on Thursday, becoming the latest European industrial company to...
Nov 30, 2023
Investors bullish on most Asian FX as US interest rate bets shift- Reuters poll
By Roushni Nair (Reuters) - Investors turned bullish on most emerging Asian currencies, as prospects of a potential end to U.S. interest rate hikes led to weakness in the greenback and triggered a rus...
Nov 30, 2023
Remy Cointreau first-half profits fall 43% as U.S. weighs, keeps goals
PARIS (Reuters) - French spirits group Remy Cointreau on Thursday sticked to its full year 2023/24 outlook for lower sales and profits, reiterating a rebound in sales in its key U.S. market would not ...
Nov 30, 2023
Mercedes-Benz and BMW to establish JV for high-power charging network in China
(Reuters) - German automaker Mercedes-Benz said on Thursday it had reached an agreement with BMW to establish a joint venture for operating a high-power charging network in China. At least 1,000 high-...
Nov 30, 2023
Spain’s Mango chain registers double-digit gains in sales during holiday shopping spree
MADRID (Reuters) - Clothing retailer Mango saw double-digit growth in sales during the recent Black Friday and Cyber Monday shopping events, when the Spanish family-owned company marketed discounts of...
Nov 30, 2023
Goldilocks meets Santa as global stocks power to best month in three years
By Naomi Rovnick LONDON (Reuters) - November has shaped up to be a fairytale month for equities, with the festive Santa rally investors traditionally hope for coming early as traders bet on a Goldiloc...
Nov 30, 2023
ECB haunted by bond buys in Swedish property crisis
By John O'Donnell and Francesco Canepa FRANKFURT (Reuters) - A debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 b...
Nov 30, 2023
Explainer-How will countries measure climate action at COP28?
By Kate Abnett DUBAI (Reuters) - Countries will for the first time assess how far off track they are to curb global warming at this year's COP28 climate change summit, a process known as the "global s...
Nov 30, 2023
Analysis-Appetite for stocks drives VIX options as investors guard portfolios
By Laura Matthews NEW YORK (Reuters) - Renewed appetite for stocks is helping to drive investors' interest in volatility-linked options that could buffer their portfolios against stock swings, putting...
Nov 30, 2023
Marketmind: Treasuries on cusp of best month since 2008
A look at the day ahead in European and global markets from Wayne Cole. Let's start with Treasuries because, if this were sports, we'd be calling it a comeback for the ages. Not long ago the market wa...
Nov 29, 2023
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