Stocks inch up as timing of US rate cuts weighed; copper jumps
NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investors tried to assess the tim..
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Engie Q1 profit drops on warmer winter, steady market
By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer ..
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Carlos Slim’s FCC to spin off and list cement and real estate unit
MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC plans to spin off its cement and real estate assets..
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GSK raises $1.5 billion from offloading Haleon stake at a discount
(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling its entire remaining stake in consumer healthcare f..
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British grocer Sainsbury’s partners with Microsoft to use AI for data insights
LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has agreed a five-year strategic partnership with Micros..
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Prosus, parent group Naspers name Fabricio Bloisi as new CEO
(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chi..
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Oil prices rise after US economic data raises rate cut expectations
NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which incre..
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Dollar rebounds on hot US import prices
NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that rai..
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German experts cut their tax revenue forecasts for 2024-28 by 1.5%
BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on ..
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Fears of German ‘de-industrialisation’ may be overblown – for now
By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and ..
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