ECB’s Villeroy: should not hold off first rate cut for too long
PARIS (Reuters) – There are several compelling reasons why the European Central Bank should not hold off for too long on an init..
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Britain’s Labour Party wins by-election in southwestern English town
LONDON (Reuters) -Britain’s opposition Labour Party won a contest for a new lawmaker in the southwestern English town of Kingswo..
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Australia’s QBE Insurance annual profit more than doubles but misses view
(Reuters) -Australia’s QBE Insurance Group’s full-year profit more than doubled on Friday, helped by higher income from pr..
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UK’s Costa Coffee to give workers 9% pay rise
LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April ..
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Jet engine maker Safran raises dividend on profit jump and growth outlook
PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and p..
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Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
(Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target ..
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Swedish union to exempt some Tesla cars from mechanic strike
STOCKHOLM (Reuters) – Swedish labour union IF Metall on Wednesday said it would permit its mechanics to fix some Tesla cars at i..
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India’s Bosch posts Q3 profit climb on healthy auto parts demand
BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 62.5% climb in third-qua..
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TUI swings to surprise first-quarter profit on robust travel demand
LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far better-than-expected first quarter results..
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German economy expected to grow in 2024, official says
BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chief..
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