Electrolux swings to operating profit in Q2
STOCKHOLM (Reuters) – Electrolux, the world’s second-biggest appliances maker, reported on Friday an operating prof..
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Lift maker Schindler’s orders slip in Q2, weighed by China
By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -Swiss lift and escalator maker Schindler reported a slight decline in..
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Consumer goods makers weighed down by weak US and European sales
By Richa Naidu LONDON (Reuters) – Consumer goods giants including Nestle, Kraft Heinz and Reckitt are likely to report we..
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Big central banks are starting to cut rates, slowly
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among major central banks is proving m..
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EU new car sales rise 4.3% in June, industry body ACEA says
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3% in June to their highest since J..
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Standard Chartered boosts private bank team with 14 new hires
HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong..
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BYD to introduce three more car models to Vietnam market
HANOI (Reuters) – Chinese electric carmaker BYD will introduce three more models to the Vietnamese market this October and plans..
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Asian stocks slide on rising trade tensions, yen climbs
Asian stocks slide on rising trade tensions, yen climbs By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Thursday,..
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Samsung agrees to acquire British startup Oxford Semantic for AI
SEOUL (Reuters) – Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup spec..
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Britain’s new government must act fast to meet 2030 climate target, say advisers
By Susanna Twidale LONDON (Reuters) – The new Labour government will have to act fast to get Britain back on track to meet its 2..
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