Headlines

UK on track to exit recession despite slower services growth, PMI data shows

UK on track to exit recession despite slower services growth, PMI data shows

LONDON (Reuters) -Britain’s economy looks on track to exit recession when official first-quarter growth data is next published, ..

Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc

Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc

ZURICH (Reuters) -Swiss inflation eased to its lowest level in two-and-a-half years in March, pushing the Swiss franc lower on market ..

Former Gucci CEO to take minority stake in Elisabetta Franchi

Former Gucci CEO to take minority stake in Elisabetta Franchi

MILAN (Reuters) – Former Gucci chief executive Marco Bizzarri said on Thursday he would invest in Italian fashion brand Elisabet..

Britain’s Co-op profit slides after petrol forecourt sale

Britain’s Co-op profit slides after petrol forecourt sale

(Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursda..

UK watchdog refers Vodafone, Three deal to in-depth probe

UK watchdog refers Vodafone, Three deal to in-depth probe

(Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger betw..

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year..

Novo says Ozempic starter kits still not available in Germany in Q2

Novo says Ozempic starter kits still not available in Germany in Q2

FRANKFURT (Reuters) – Novo Nordisk has warned that starter kits of its popular diabetes drug Ozempic will still not be available..

Headlines

Euro zone inflation unexpectedly eases, boosting rate cut case

Euro zone inflation unexpectedly eases, boosting rate cut case

FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering bor..

UK supermarket sales rise 5.4%, NIQ market researcher says

UK supermarket sales rise 5.4%, NIQ market researcher says

LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflatio..

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% highe..