Headlines

UK’s Virgin Media O2 to lay off up to 2,000 employees by year end

UK’s Virgin Media O2 to lay off up to 2,000 employees by year end

(Reuters) – British mobile operator Virgin Media O2 said on Monday it was planning to lay off up to 2,000 employees by the end o..

Southern Europeans splash out on air-con as heatwave drags on

Southern Europeans splash out on air-con as heatwave drags on

MADRID/MILAN (Reuters) – As Southern Europe battles extreme heat with no end in sight, people have rushed out to buy fans and ev..

Naturgy’s profit rises on LNG gains, soothing shareholders

Naturgy’s profit rises on LNG gains, soothing shareholders

MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six months of the year, ..

Worsening euro zone business downturn reignites recession fears

Worsening euro zone business downturn reignites recession fears

LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services i..

Vodafone takes ‘first steps’ in turnaround with top-line improvement

Vodafone takes ‘first steps’ in turnaround with top-line improvement

LONDON (Reuters) -Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, ..

UK firms grow at slowest in 6 months as rate hikes weigh: PMI

UK firms grow at slowest in 6 months as rate hikes weigh: PMI

LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July as orders for businesses ..

Analysis-As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy

Analysis-As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy

TOKYO/NEW YORK (Reuters) – Japan’s imposition of export controls on chip making tools to align with a U.S. policy restrict..

Philips slightly raises 2023 outlook after Q2 core profit beat

Philips slightly raises 2023 outlook after Q2 core profit beat

(Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expecte..

Julius Baer reports 18% H1 net profit rise

Julius Baer reports 18% H1 net profit rise

ZURICH (Reuters) -Swiss private bank Julius Baer reported an 18% increase in net profit for the first half of 2023 on Monday as it sai..

Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays

Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays

DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June, ..