Norway sovereign fund backs Teck Resources in battle with Glencore
OSLO (Reuters) -Norway’s sovereign wealth fund, one of the world’s largest investors, said on Friday it will support a pla..
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MG Motor launches plug-in hybrid option in Mexico as EV race heats up
MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said on Thursday, as the market for h..
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Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any furthe..
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German govt to slightly raise 2023 GDP forecast – sources
German govt to slightly raise 2023 GDP forecast – sources By Holger Hansen BERLIN (Reuters) -The German government is set to sli..
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Siemens Energy signs 7-billion-eur offshore power deal with TenneT
BERLIN (Reuters) – Siemens Energy has won contracts worth almost 7 billion euros ($7.68 billion) as part of a consortium with Sp..
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IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair
LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over t..
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PGE signs wind turbine supply deal for Baltica 2
GDANSK (Reuters) – Poland’s biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Game..
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Investors warn big consumer firms over price hikes as competitors gain
LONDON/NEW YORK (Reuters) – Consumer goods companies like P&G, Unilever and Nestle should start easing price increases as su..
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GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it..
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Analysis-Crisis radar falls on fault lines in Europe’s commercial property
LONDON (Reuters) – European banks appear better positioned than U.S. peers to weather any stress from commercial property after ..
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