Sterling hits five-month high against euro before BoE decision
LONDON, (Reuters) – The pound rose to a five-month high against the euro on Wednesday as traders bet a rate hike from the Bank o..
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UK firms cut hiring of permanent staff, recruiters’ survey shows
LONDON (Reuters) – British firms reduced hiring of permanent staff via recruitment agencies at the fastest pace in more than two..
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TUI sees summer travel demand ‘significantly’ lifting 2023 profit
LONDON (Reuters) -German travel firm TUI said it expects strong revenue and higher profit in 2023 on the back of a jump in summer book..
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French retailer Casino’s shares slump 6% after S&P downgrade
PARIS (Reuters) -Shares in French retailer Casino fell more than 6% on Wednesday after Standard & Poor’s cut its long-term c..
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Grocery retailer Ahold Delhaize sees Europe’s food inflation slowing
(Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of this year, CEO Frans Muller..
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ASOS reports first-half loss as shoppers cut back
LONDON (Reuters) -ASOS, Britain’s one-time poster child for the shift to online fashion retailing, swung to a first-half loss, h..
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Dufry sales more than double on travel rebound, Autogrill acquisitionv
(Reuters) – Swiss duty-free retailer Dufry on Wednesday reported a 113.4% jump in its first-quarter turnover, beating market est..
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E.ON to hit upper end of 2023 outlook after strong Q1
FRANKFURT (Reuters) -E.ON, Europe’s largest energy networks operator, expects to hit the upper end of its profit outlook in 2023..
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Dollar eases before inflation data, with nagging worries over debt ceiling impasse
SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break ..
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Eurovision 2023 opens with acts walking Liverpool’s ‘Turquoise Carpet’
LIVERPOOL, England (Reuters) – Eurovision 2023 kicked off on Sunday when 37 contenders walked the “Turquoise Carpet”..
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