BHP iron ore output beats, copper production edges up on better grades at Escondida
By Rishav Chatterjee (Reuters) -Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of..
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Smaller UK firms need help to end ‘doom loop’, think tank says
LONDON (Reuters) – Britain’s smaller listed companies can reverse a “doom loop”, driven by plummeting v..
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Airbus to cut up to 2,500 jobs in defence and space
By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division af..
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Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper thir..
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Adyen co-founder’s new firm Tebi raises $22 million to expand
By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..
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GSK sues Moderna for US patent infringement over COVID, RSV vaccines
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accus..
Business
French bank Credit Agricole to buy 50% of GAC’s leasing unit
By Mathieu Rosemain and Sudip Kar-Gupta PARIS (Reuters) -Credit Agricole is planning to buy a 50% stake in the leasing unit of ..
Finance
Tech stocks hurt STOXX 600, ASML logs biggest one-day drop in 26 years
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares posted their biggest one-day drop in over two w..
Finance
Adidas raises 2024 guidance again, citing good brand momentum
(Reuters) -Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the thi..
Business
Britain’s SSE rebuffed EDP proposal to merge, sources say
By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON (Reuters) – Portugal’s main power utility EDP initi..
Business