Electrolux swings to operating profit in Q2
STOCKHOLM (Reuters) – Electrolux, the world’s second-biggest appliances maker, reported on Friday an operating prof..
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Lift maker Schindler’s orders slip in Q2, weighed by China
By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -Swiss lift and escalator maker Schindler reported a slight decline in..
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Consumer goods makers weighed down by weak US and European sales
By Richa Naidu LONDON (Reuters) – Consumer goods giants including Nestle, Kraft Heinz and Reckitt are likely to report we..
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Big central banks are starting to cut rates, slowly
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among major central banks is proving m..
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Samsung agrees to acquire British startup Oxford Semantic for AI
SEOUL (Reuters) – Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup spec..
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Britain’s new government must act fast to meet 2030 climate target, say advisers
By Susanna Twidale LONDON (Reuters) – The new Labour government will have to act fast to get Britain back on track to meet its 2..
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Oil prices gain 2% on big US storage withdrawal, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude sto..
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Factbox-The King’s Speech: A guide to the new UK government’s proposed laws
By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government set out its first package of proposed laws on Wednesday as..
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Yen jumps on possible intervention, sterling hits one-year high
By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspected to be the result of another in..
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German coalition passes 2025 budget after months of wrangling
By Maria Martinez BERLIN (Reuters) -The German cabinet passed its 2025 budget on Wednesday after months of wrangling, even though a 17..
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