Headlines

Historic Stone of Scone moved to London for King Charles’ coronation

Historic Stone of Scone moved to London for King Charles’ coronation

LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone upon which monarchs in Britain have been crowned f..

Bosch buys US semiconductor foundry to expand EV chip output

Bosch buys US semiconductor foundry to expand EV chip output

DETROIT (Reuters) – Germany’s Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors ..

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has initiated a strategic review of its stake in China-..

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

(Reuters) -Finnish elevator maker Kone raised its 2023 sales outlook on Wednesday after its first-quarter profit beat market expectati..

Companies’ cost inflation is slowing but shoppers may wait for lower prices

Companies’ cost inflation is slowing but shoppers may wait for lower prices

LONDON/PARIS (Reuters) -The world’s top consumer goods companies, making everything from instant noodles to soap and ice cream, ..

Tech CEOs wax poetic on AI, big adds to sales will take time

Tech CEOs wax poetic on AI, big adds to sales will take time

(Reuters) -Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI) for the second quarter ..

Sacyr shortlists four bidders for its service, waste management unit – Expansion

Sacyr shortlists four bidders for its service, waste management unit – Expansion

MADRID (Reuters) – Spanish conglomerate Sacyr has shortlisted four firms as potential buyers of its service and waste management..

Startup e-commerce platform Temu expands to Europe

Startup e-commerce platform Temu expands to Europe

SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings has started selling to European markets incl..

Beiersdorf benefits from bump in Nivea sales

Beiersdorf benefits from bump in Nivea sales

(Reuters) -Beiersdorf’s Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German fir..

Puma expects Q2 sales growth below full-year target

Puma expects Q2 sales growth below full-year target

(Reuters) – German sportswear maker Puma on Wednesday said it expected second-quarter sales to grow at a low- to mid-single-digi..