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Siemens misses profit forecast as industrial business struggles

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..

Italy cuts Eni stake, raises 1.4 billion euros

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..

Exclusive-Anglo American starts revamp with hiring freeze, document shows

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..

Catering firm Compass lifts profit forecast after strong first half

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..

AI’s use in finance may need new rules, ECB says

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..

Oil down on inflation, supply risks in Mideast, Canada lend floor

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..

King Charles unveils his first portrait since coronation

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..

Factbox-How hosting Euro 2024 could impact the German economy

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 ..

Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook

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, ..

Countries make late bid to salvage EU’s nature law

Countries make late bid to salvage EU’s nature law

BRUSSELS (Reuters) – A group of 11 countries, led by Ireland, has made a last-ditch attempt to approve the EU’s flagship p..