Headlines

Inflation boosts Jeronimo Martins’ Q4 profit but dents margins

Inflation boosts Jeronimo Martins’ Q4 profit but dents margins

LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins on Wednesday posted a 23% jump in fourth-quarter ne..

Exclusive-Ardian explores taking Italian tower operator INWIT private-sources

Exclusive-Ardian explores taking Italian tower operator INWIT private-sources

By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is in the early stages of exploring a bid for Italy&..

Oil up 2% as dollar weakens on small US Fed rate hike

Oil up 2% as dollar weakens on small US Fed rate hike

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low af..

Fed in spotlight with US focus on stability, First Republic

Fed in spotlight with US focus on stability, First Republic

By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities are set to explore ways to bolster financial stabi..

Stellantis to invest 130 million euros in German plant for new Opel electric car

Stellantis to invest 130 million euros in German plant for new Opel electric car

MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembl..

Crop merchant Louis Dreyfus gets profit boost in volatile year

Crop merchant Louis Dreyfus gets profit boost in volatile year

By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global ..

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock-on effect on commodities, global ..

Britain’s Superdry sells Asia Pacific IP for $50 million

Britain’s Superdry sells Asia Pacific IP for $50 million

LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacif..

UK inflation rate unexpectedly rises to 10.4% in February

UK inflation rate unexpectedly rises to 10.4% in February

By William Schomberg and David Milliken LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up b..

Syngenta 4Q profit falls as raw material prices increase

Syngenta 4Q profit falls as raw material prices increase

ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due ..