Reuters UK Business

Hapag-Lloyd says US tariffs could affect demand, cargo flow and costs

(Reuters) – German container shipping firm Hapag-Lloyd said on Thursday that U.S. tariffs and potential reciprocal tariffs from various countries could affect demand, cargo flows and costs. The world’s fifth biggest container liner said that while it was difficult to estimate the overall impact and duration of the measures, it was possible that the company …

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DHL sees EBIT growth in mail and parcel division after 2030

DUESSELDORF, Germany (Reuters) – German logistics group DHL expects earnings before interest and taxes (EBIT) in its Post & Parcel division only to return to growth after the completion of its transformation process after 2030, the company said on Thursday. DHL also confirmed its outlook for 2025 and its medium-term outlook, according to a presentation. …

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UK electricals retailer Currys raises profit outlook after robust trading

LONDON (Reuters) – British electricals retailer Currys on Thursday raised its full-year profit forecast, saying trading since early January had been robust. The group, which sells consumer electricals from computers to washing machines and TVs, said adjusted profit before tax in its 2024/25 year was now expected to be around 160 million pounds ($209 million), …

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Russian service sector nears stagnation as new order growth weakens, PMI shows

(Reuters) – Russia’s service sector lost further momentum in March, with business activity growing at its shallowest rate in nine months as new order growth eased and employment contracted, a business survey showed on Thursday. The S&P Global Purchasing Managers’ Index for Russian services fell to 50.1 in March from 50.5 in February, indicating only …

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European stock futures fall over 2% after Trump’s tariff announcement

MILAN (Reuters) – European stock futures plunged on Thursday after U.S. President Donald Trump unveiled more tariffs on trading partners, intensifying a global trade war that threatens to stoke inflation and stall growth. EuroSTOXX50 and DAX futures both fell around 2.3% by 0658 GMT, while FTSE 100 futures were down around 1.7%. (Reporting by Danilo …

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Swiss business group slams Trump tariffs as harmful and unjustified

ZURICH (Reuters) – Switzerland’s main business lobby on Thursday rejected U.S. tariffs on Swiss imports as harmful and unjustified, as the country’s government stressed the importance of respecting international law. U.S. President Donald Trump on Wednesday imposed a 31% tariff on imports from Switzerland compared with 20% on goods from the European Union and 10% …

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France’s Macron to convene sectors hit by U.S. tariffs – French presidency

PARIS (Reuters) – French President Emmanuel Macron will convene all representatives of business sectors hit by the import tariffs announced Wednesday by U.S. President Donald Trump at the Elysee palace later in the day, the French presidency said on Thursday. Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United …

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