Covestro trims 2024 profit target again in a tough economy
(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..
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Business
Volkswagen’s Traton reports higher sales in weak truck market
(Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..
Business
Analysis-Bricks over clicks as shops come back into fashion in Europe
By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swathes of store closures, casting dou..
Business
Global commercial insurance rates show first quarterly fall in seven years, Marsh says
LONDON (Reuters) – Global commercial insurance rates fell 1% in the third quarter of 2024, the first quarterly decline re..
Business
Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition
(Reuters) -Europe’s biggest gas distributor Italgas on Thursday reported 10.9% growth in third-quarter adjusted core earn..
Business
Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psy..
Business
Adidas raises 2024 guidance again, citing good brand momentum
(Reuters) -Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the thi..
Business
Britain’s SSE rebuffed EDP proposal to merge, sources say
By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON (Reuters) – Portugal’s main power utility EDP initi..
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Blackstone to invest $8.2 billion in data centres in northeastern Spain
MADRID (Reuters) – Blackstone, the world’s largest alternative asset manager, plans to invest 7.5 billion euros ($8..
Business
Prospering in Economic Uncertainty: A Strategic Guide for Entrepreneurs
In times of economic uncertainty, rising inflation, and financial instability, entrepreneurs need to embrace strategies that promote r..
Business