Category Archives:
IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) - Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual operating profit, as price increases helped it offset higher input costs as w...
Nov 25, 2022
France’s OVHcloud gets 200 million euro EIB loan for European investments
(Reuters) - The European Investment Bank has granted OVHcloud a 200 million euro ($208.18 million) loan to support the French software group's expansion in Europe, they said in a joint statement on Fr...
Nov 25, 2022
Activists aggravate art insurers’ climate headache
By Carolyn Cohn, Noor Zainab Hussain and Barbara Lewis LONDON (Reuters) - Climate activists' attacks on some of the world's most precious paintings have added to insurers' worries about the threat to ...
Nov 25, 2022
Cost-of-living crisis casts shadow over Britain’s Black Friday
By James Davey LONDON (Reuters) - Britain's retailers are hoping Black Friday discount day will get shoppers spending, though it takes place against a backdrop of a worsening cost-of-living crisis and...
Nov 25, 2022
Marketmind: Hangover
A look at the day ahead in European and global markets from Tom Westbrook Treasuries emerged from Thanksgiving in fine fettle, but other assets were a little slower off the mark in Asia, with traders'...
Nov 25, 2022
Atlantia exit highlights Milan’s battle to retain market heavyweights
By Elisa Anzolin MILAN (Reuters) - The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the value of the Milan bourse and bring to 12 the number of companies to leave the stoc...
Nov 25, 2022
UK house price rally to end next year but no big crash expected – Reuters poll
By Jonathan Cable LONDON (Reuters) - British house prices will fall in 2023, putting an end to years of bumper rises, but a large crash was unlikely despite the cost of living crisis and increased bor...
Nov 25, 2022
Investors look for clues on consumer health as holiday shopping kicks off
By David Randall NEW YORK (Reuters) - Investors are closely watching U.S. retail stocks as a barometer of consumer confidence as inflation bites, as the most important shopping season of the year begi...
Nov 25, 2022
Stocks typically rally in December, investors have some caution this year
By David Randall NEW YORK (Reuters) - Investors hoping for the year-end to bring stock market gains after a punishing year have history on their side as U.S. equities traditionally rally during the mo...
Nov 25, 2022
Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
TAIPEI (Reuters) - Production of Apple Inc's iPhones could slump by at least 30% at Foxconn's factory in China's city of Zhengzhou after worker unrest disrupted operations, a person with direct knowle...
Nov 24, 2022
Peoria, IL, USA
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