IBM misses second-quarter revenue estimates as tech spending cools
(Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday,..
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Dollar gains as pound tumbles on cooling UK inflation
NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expe..
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Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but..
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European shares gain on boost from Kering; UK stocks shine
(Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the luxury group, while ..
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Truck maker Volvo’s quarterly profit surges, beats estimates
STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarter adjusted operat..
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Inflation surprise sets UK homebuilders for biggest rally since 2008
MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK inflation s..
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Aviva releases H1 2023 profit guidance, growth estimates
LONDON (Reuters) – Aviva said on Wednesday it expected to deliver around 700 million pounds ($907.20 million) in group operating..
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Canada defends digital taxes but sees path for global deal
OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of digital services taxes starting nex..
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Spain antitrust watchdog fines Amazon, Apple $218 million
MADRID (Reuters) – Spain’s antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218..
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HAMMANSKRAAL, South Africa (Reuters) – Swiss food company Nestle said on Tuesday it would be locally sourcing over 40% of raw ma..
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