Rheinmetall hails ‘new decade’ as defence spending drives up sales
BERLIN (Reuters) -German arms manufacturer Rheinmetall said on Thursday it expected record sales and increased profitability this year..
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UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says
ZURICH (Reuters) – UBS’s rescue takeover of Credit Suisse a year ago has created “new risks and challenges” fo..
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EU parliament to extend new medicine data protection to 7.5 years, document says
BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about the exclusivity pe..
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Stocks flat, US yields edge higher ahead of data
NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit..
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Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans to extend their public transport network..
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Europe one step away from landmark AI rules after lawmakers’ vote
STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmake..
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Adidas posts first loss in 30 years but sticks to dividend
HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednes..
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UK economy may be turning from headwind into tailwind for sterling
LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but the economy is showing..
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Global corporate dividends hit record $1.66 trillion in 2023
LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks ma..
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Mango adapts as climate change makes fashion less seasonal
MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild swings in temperat..
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