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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Siemens misses profit forecast as industrial business struggles
By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German eng..
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Italy cuts Eni stake, raises 1.4 billion euros
By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, po..
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Exclusive-Anglo American starts revamp with hiring freeze, document shows
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo revi..
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Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earnin..
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AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and pos..
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Oil down on inflation, supply risks in Mideast, Canada lend floor
HOUSTON (Reuters) -Oil prices fell on Tuesday, after fresh U.S. data indicated inflation remains sticky, while potential risks to supp..
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King Charles unveils his first portrait since coronation
(Changes media identifier to correspond with visuals) LONDON (Reuters) -Britain’s King Charles on Tuesday unveiled the first of..
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Factbox-How hosting Euro 2024 could impact the German economy
BERLIN (Reuters) – Germany will be hoping for sporting success as host of the 2024 Euros soccer championship kicking off in a ..
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Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, ..
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