All Posts

Kering recruits Estee Lauder exec for push into cosmetics

Kering recruits Estee Lauder exec for push into cosmetics

PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..

Lockmaker Assa Abloy boosts dividend, but wary on outlook

Lockmaker Assa Abloy boosts dividend, but wary on outlook

STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..

France seeks strategy as nuclear waste site risks saturation point

France seeks strategy as nuclear waste site risks saturation point

By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..

Tech earnings hit pause button on market rally

Tech earnings hit pause button on market rally

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..

Ford posts lower profit, issues downbeat outlook; shares drop

Ford posts lower profit, issues downbeat outlook; shares drop

By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..

Oil slumps on economic data, stronger U.S. dollar

Oil slumps on economic data, stronger U.S. dollar

By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..

Apple’s weak iPhone sales drive first profit miss since 2016

Apple’s weak iPhone sales drive first profit miss since 2016

By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by we..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...