Headlines

LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance

LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance

PARIS (Reuters) – LVMH shares rose on Wednesday, after the first quarter sales figures from the world’s largest luxury gro..

UK inflation slows by less than expected to 3.2% in March

UK inflation slows by less than expected to 3.2% in March

LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms i..

Analysis-Painful high rates wake-up call threatens global markets

Analysis-Painful high rates wake-up call threatens global markets

LONDON (Reuters) – Fear that interest rates in major economies will stay relatively high is creeping back and threatens a painfu..

Olympics-Paris 2024 torch lit in ancient Olympia, relay under way

Olympics-Paris 2024 torch lit in ancient Olympia, relay under way

ANCIENT OLYMPIA, Greece (Reuters) -The torch for the Paris 2024 Olympic Games was lit in ancient Olympia in a traditional ceremony on ..

Superdry plans to go private as it kicks off three-year turnaround plan

Superdry plans to go private as it kicks off three-year turnaround plan

(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its C..

Jaguar develops energy-storage unit using Range Rover batteries

Jaguar develops energy-storage unit using Range Rover batteries

By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK s..

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales ..

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook for..

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitic..

Oil slips as risk premium eases after Iran attack

Oil slips as risk premium eases after Iran attack

NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less dam..