Reuters UK Business

By Jesus Calero (Reuters) -Yara, one of the world’s largest producers of fertilisers, reported first-quarter core earnings well above market expectations on Friday, driven by higher volumes and improved margins, sending it shares up 4.7% in early trade. The company also highlighted ongoing cost reductions and portfolio optimisation, which it said would position it for …

Norway’s Yara trounces profit estimates despite rising gas costs, tariff concerns Read More »

By Max A. Cherney, Arsheeya Bajwa and Stephen Nellis (Reuters) -Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan’s first round of earnings at the helm, against the backdrop of a raging Sino-U.S. trade war. In a conference call with investors, Tan also gave …

Intel offers weak forecast amid trade tensions as CEO talks to TSMC Read More »

By John Revill BERN (Reuters) -Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President Donald Trump’s tariffs made it more important for the central bank to diversify its reserves. Supporters launched a referendum campaign in December to change the Swiss constitution …

Cryptocurrency campaigners call for Swiss central bank to hold bitcoin Read More »

(Reuters) -Euronext said on Friday it launched the European Common Prospectus (ECP) in a bid to speed up capital market integration and boost initial public offerings in the European Union. The Dutch-based parent company of pan-European exchange group hopes that standardised prospectus will help ease access to European capital markets, as it sees “clear and …

Euronext launches European Common Prospectus to boost IPO market in EU Read More »

BOGOTA (Reuters) -Oil giant Shell will pull out of three offshore gas projects in Colombia’s Caribbean, it owns together with Colombia’s state-run oil company Ecopetrol, the groups said on Thursday. Shell had acquired a 50% operating stake in Col 5, Purple Angel and Fuerte Sur deepwater blocs in 2020. “They no longer fit our strategic …

Shell to exit offshore gas projects in Colombia’s Caribbean Read More »

By Andy Bruce (Reuters) -British retailers reported the best start to the year since 2021 in what may be a fleeting boost for the economy, with rising bills and the U.S. trade war increasingly weighing on consumer morale. Retail sales volumes rose by 0.4% in March alone, after downwardly revised growth of 0.7% in February, …

Unexpected UK retail sales jump boosts economy as storm gathers Read More »

By Niklas Pollard STOCKHOLM (Reuters) -Swedish defence group Saab on Friday reported first-quarter operating profit just above market expectations and stood by guidance for sharply higher sales and earnings this year even as global trade tensions have stoked uncertainty. The company said in a statement its operating earnings rose to 1.45 billion Swedish crowns ($150.6 …

Swedish defence group Saab posts narrow beat, repeats upbeat guidance Read More »