Headlines

Novartis names Firmenich CEO as chairman designate of Sandoz

Novartis names Firmenich CEO as chairman designate of Sandoz

ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..

Asia shares creep higher, wary on Fed and BOJ outlooks

Asia shares creep higher, wary on Fed and BOJ outlooks

By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the..

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-hig..

Dollar buoyant as robust U.S. data keep Fed hawks in control

Dollar buoyant as robust U.S. data keep Fed hawks in control

By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run of economic data out of t..

G20 watchdog homes in on decentralised finance after FTX crash

G20 watchdog homes in on decentralised finance after FTX crash

By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..

Ubisoft vows to get back to operating margin above 20% in medium term

Ubisoft vows to get back to operating margin above 20% in medium term

By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The dollar climbed to a six-week peak against a currency bas..

TUI sees strong summer bookings as travel recovery gains momentum

TUI sees strong summer bookings as travel recovery gains momentum

By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next w..