DHL reports Q3 net income below expectations
(Reuters) -German logistics giant DHL reported a third quarter net income of 751 million euros ($817 million) on Tuesday, missing anal..
Business
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Shein’s European entity reports 68% sales growth in 2023
By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68% in 2023, hittin..
Headlines
KPMG to lay off less than 4% of US audit workforce, source says
(Reuters) -KPMG will lay off less than 4%, or about 330 people, of its audit workforce in the United States, a source familiar with th..
Headlines
Sterling extends bounce off recent lows as U.S. election in focus
By Medha Singh (Reuters) – The British pound bounced against a tepid dollar on Monday ahead of high-stakes events this week that..
Finance
China EV price deal needs be as effective as tariffs, says EU official
BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as ef..
Business
Ryanair H1 profit falls 18% on lower fares, but price weakness moderating
By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended Septemb..
Headlines
Swedish government commission recommends easing mortgage repayment rules
STOCKHOLM (Reuters) – Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to g..
Headlines
German companies’ hiring plans drop to four-year low, Ifo finds
BERLIN (Reuters) – German companies are less willing to hire new staff than at any point in more than four years, data from the ..
Headlines
Burberry shares jump on Moncler bid report
(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was consideri..
Business
European stocks climb on energy boost; headed for weekly losses
By Pranav Kashyap (Reuters) -European shares climbed on Friday, buoyed by a rally in energy stocks, but remained on track for their wo..
Investing