Marketmind: Markets brace for inflation trifecta
A look at the day ahead in European and global markets from Wayne Cole It’s all about inflation this week with markets pricing i..
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UK job vacancies fall 15% year-on-year in January, Adzuna data shows
LONDON (Reuters) – British employers advertised the fewest jobs in nearly three years last month, with numbers down 15% from a y..
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Infineon bets on AI boom to spur more lucrative chip sales
FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artificial intelligence (AI) to generate billions in reve..
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ABB picks electrification chief Wierod as CEO
ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacing Bjorn Rosengren who led an overhaul of the Swiss..
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Stocks bask in tech mania, Nvidia boom
SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s stunning results..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as pr..
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Allianz nearly doubles Q4 net profit, helped by health and life business
FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in j..
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BASF dials up cost cuts in Germany, flags earnings rebound
FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its Ludwigshafen headqu..
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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were ..
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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 strategic partnership with UAE-based Ali&Sons ..
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