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Dollar heads for first weekly gain since February

Dollar heads for first weekly gain since February

LONDON (Reuters) – The dollar headed for its first weekly gain in nearly two months on Friday as investors raised their bets tha..

Norway sovereign fund backs Teck Resources in battle with Glencore

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..

MG Motor launches plug-in hybrid option in Mexico as EV race heats up

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..

Marketmind: Purchasing managers of the world, diverge

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..

German govt to slightly raise 2023 GDP forecast – sources

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..

Siemens Energy signs 7-billion-eur offshore power deal with TenneT

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..

IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair

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..

PGE signs wind turbine supply deal for Baltica 2

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..

Investors warn big consumer firms over price hikes as competitors gain

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..

GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view

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..