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BASF dials up cost cuts in Germany, flags earnings rebound

BASF dials up cost cuts in Germany, flags earnings rebound

FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 b..

ECB reports record loss for 2023 as rate hikes bite

ECB reports record loss for 2023 as rate hikes bite

FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record ..

China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a ..

As Nikkei eclipses 34-year record, derivatives signal stall ahead

As Nikkei eclipses 34-year record, derivatives signal stall ahead

TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak a..

TotalEnergies Texas refinery running at minimal rates, say sources

TotalEnergies Texas refinery running at minimal rates, say sources

HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Por..

Nestle misses sales estimates as price hikes deter shoppers

Nestle misses sales estimates as price hikes deter shoppers

LONDON (Reuters) – Nestle reported full-year organic sales growth slightly bel..

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

(Reuters) – German food delivery company Delivery Hero said on Wednesday that ..

Global leaders gather at Davos – The World Economic Forum’s Annual Meeting to discuss the Effects of Science & Technology on Private-Public Cooperation

Global leaders gather at Davos – The World Economic Forum’s Annual Meeting to discuss the Effects of Science & Technology on Private-Public Cooperation

DAVOS, Switzerland – January 16th 2024 – Acumen is conducting their annu..

German economy in stormy waters as government slashes forecast

German economy in stormy waters as government slashes forecast

By Christian Kraemer and Rachel More BERLIN (Reuters) -The German government expect..

London’s iconic BT Tower to become a hotel

London’s iconic BT Tower to become a hotel

LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel aft..