Headlines

British retail sales beat expectations in June

British retail sales beat expectations in June

LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food ..

Global miner Anglo American’s first-half production surges 42%

Global miner Anglo American’s first-half production surges 42%

LONDON (Reuters) – Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the ..

Asia stocks nudge higher, gains capped by China worries

Asia stocks nudge higher, gains capped by China worries

SINGAPORE (Reuters) – Asian shares inched higher on Thursday as investors took stock of corporate earnings and looked ahead to c..

ABB sees robust activity as Q2 profit beats forecasts

ABB sees robust activity as Q2 profit beats forecasts

ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company..

Netflix quarterly revenue misses forecasts, shares slide

Netflix quarterly revenue misses forecasts, shares slide

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday wi..

IBM misses second-quarter revenue estimates as tech spending cools

IBM misses second-quarter revenue estimates as tech spending cools

(Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday,..

Dollar gains as pound tumbles on cooling UK inflation

Dollar gains as pound tumbles on cooling UK inflation

NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expe..

Atlas Copco posts Q2 profit beat, but sees slowing demand

Atlas Copco posts Q2 profit beat, but sees slowing demand

(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but..

European shares gain on boost from Kering; UK stocks shine

European shares gain on boost from Kering; UK stocks shine

(Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the luxury group, while ..

Truck maker Volvo’s quarterly profit surges, beats estimates

Truck maker Volvo’s quarterly profit surges, beats estimates

STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarter adjusted operat..