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Consumers are more likely to forgive family firms when a product fails

Consumers are more likely to forgive family firms when a product fails

  Consumers are more inclined to forgive family firm brands than non-family firm brands in product harm crisis situations, reveal..

Factbox-European gas prices: why have they been falling?

Factbox-European gas prices: why have they been falling?

By Nina Chestney LONDON (Reuters) – European benchmark gas prices have been steadily declining over the past few months to near ..

European banks cash in on rising rates as clouds gather

European banks cash in on rising rates as clouds gather

By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing ..

Young Greeks priced out as inflation, rents soar

Young Greeks priced out as inflation, rents soar

By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Like many young Greeks trying to live within their means, Chri..

Mercedes-Benz lifts profit forecast as luxury cars boom

Mercedes-Benz lifts profit forecast as luxury cars boom

By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz raised its full-year profit forecast on Wednesday as strong demand for luxury ca..

StanChart surprises with 40% profit jump, ups income goal on rising rates

StanChart surprises with 40% profit jump, ups income goal on rising rates

By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest..

Puma confirms full-year outlook, flags market volatility

Puma confirms full-year outlook, flags market volatility

By Alexander Hübner and Joice Alves BERLIN/LONDON (Reuters) – Shares in Puma fell 1.75% on Wednesday after the company confirmed..

HSBC’s direction in question after Elhedery’s sprint to CEO contender

HSBC’s direction in question after Elhedery’s sprint to CEO contender

By Lawrence White, Sinead Cruise and Anshuman Daga LONDON/SINGAPORE (Reuters) -Georges Elhedery’s appointment as HSBC’s ch..

Alphabet’s miss fans inflation fears across digital advertising

Alphabet’s miss fans inflation fears across digital advertising

By Sheila Dang and Eva Mathews (Reuters) -Google parent Alphabet Inc’s disappointing ad sales sparked worries across the digital..

UK’s Sunak plans to meet Biden in G20 summit

UK’s Sunak plans to meet Biden in G20 summit

(Reuters) – British Prime Minister Rishi Sunak spoke with U.S. President Joe Biden on Tuesday evening and they are set to meet i..