Category Archives:
Little room for gloom at Dublin’s Davos for aircraft financiers
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) - While the prospect of global recession casts a long shadow over the snowy peaks of Davos this week, the mood was mostly sunnier at another gath...
Jan 20, 2023
Wayfair to lay off 10% of workforce
(Reuters) - Online furniture retailer Wayfair Inc said on Friday it will cut 1,750 jobs, or 10% of its workforce, as part of its cost savings plan at a time when consumers are selective with their dis...
Jan 20, 2023
China’s copper costs driven up by Maike’s woes, output glitches
By Siyi Liu and Dominique Patton FOSHAN, China (Reuters) - China's copper buyers face higher costs for the metal this year, buyers and analysts said, after market disruptions from top importer Maike G...
Jan 20, 2023
Italy plans Treasury shake-up with new department for state-owned firms – sources
By Giuseppe Fonte ROME (Reuters) - Italian Economy Minister Giancarlo Giorgetti plans to reorganise the ministry, creating a new unit at the Treasury department to manage state-owned firms and banking...
Jan 20, 2023
IKEA sees higher demand in Europe driven by home furnishings – CEO
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) - Ingka Group, the owner of most IKEA stores, sees demand in Europe to continue rising in the current fiscal year, driven by strong dem...
Jan 20, 2023
Dutch export rules on China in focus ahead of ASML results
By Toby Sterling and Stephanie van den Berg AMSTERDAM (Reuters) - Expectations that the Dutch government will further limit sales to China by chip equipment giant ASML Holding NV may overshadow what a...
Jan 20, 2023
Apple appeals investigation by UK competition watchdog
LONDON (Reuters) - Technology giant Apple has filed an appeal against an investigation by Britain's competition watchdog into the dominance of its mobile browsers in the cloud gaming market. Last Nove...
Jan 20, 2023
Holcim sees U.S. inflation act helping it in N.America
By Divya Chowdhury and Nishara Karuvalli Pathikkal DAVOS, Switzerland (Reuters) - Holcim expects the U.S. Inflation Reduction Act (IRA) to provide strong momentum for its business in North America whi...
Jan 20, 2023
Young northern Europeans flock to Spain’s Malaga to work remotely
By Charlie Devereux and Corina Pons MADRID (Reuters) - The Spanish city of Malaga and its Costa del Sol surroundings are seeing a surge in people moving in from the rest of Europe as lifestyle and wor...
Jan 20, 2023
Oilfield firm SLB beats Wall St. estimates for fourth-quarter profit
By Arunima Kumar and Liz Hampton (Reuters) -SLB beat Wall Street estimates for fourth-quarter profit on Friday, driven by strong demand for drilling services and equipment from operators as oil and ga...
Jan 20, 2023
Peoria, IL, USA
47 °F Mist
