(Reuters) – German producer prices rose less than expected in January, increasing by 0.5% on the year, the federal statistics office reported on Thursday. Analysts polled by Reuters had expected a 1.3% increase. The office publishes more detailed data on its website. (Reporting by Bartosz Dabrowski, Editing by Friederike Heine)
(Reuters) -Manchester United reported an adjusted net loss of 6.2 million pounds ($7.80 million) in the second quarter, hurt by lower revenue as the club played the less lucrative Europa instead of the Champions League competition this season. “We recognise the challenges in improving our men’s team’s league position and we are all working hard, …
Manchester United slips to quarterly loss; CEO admits challenges on pitch Read More »
(Reuters) – French car supplier OPmobility reported a rise in full-year revenue in 2024, outperforming the market despite the prolonged weakness in the automotive industry. The group’s consolidated revenue came in at 10.48 billion euros ($10.92 billion) for the year to December 31, up from 10.31 billion euros a year earlier. “We are also outperforming …
OPmobility’s full-year revenue rises, led by growth in North America Read More »
By Alexander Marrow LONDON (Reuters) -As Moscow and Washington discuss how to end the war in Ukraine, one of the many questions on investors’ minds is whether the corporate exodus from Russia in opposition to the February 2022 invasion of its neighbour may be reversed. As long as broad Western sanctions on Russia remain in …
A look at the day ahead in European and global markets from Ankur Banerjee A bevy of tariff headlines this week along with geopolitical worries has left investors wary and weary, taking stocks lower in Asian hours, gold to a record peak and the yen to its highest in over two months as sentiment remains …
DUBLIN (Reuters) – Ireland’s foreign direct investment agency is hopeful that the impact of threatened U.S. tariffs on the country’s large pharmaceutical sector will be limited by a U.S. desire to protect consumers and by EU solidarity, its CEO said. A cluster of U.S.-owned foreign multinationals, mainly in the technology and pharmaceutical sectors, employs about …
Irish foreign investment chief hopes fall-out from Trump pharma tariffs limited Read More »
By Stephen Nellis (Reuters) – Microsoft on Wednesday unveiled a new chip that it said showed quantum computing is “years, not decades” away, joining Google and IBM in predicting that a fundamental change in computing technology is much closer than recently believed. Quantum computing holds the promise of carrying out calculations that would take today’s …
Microsoft creates chip it says shows quantum computers are ‘years, not decades’ away Read More »
By Svea Herbst-Bayliss NEW YORK(Reuters) – Life sciences investment firm Deep Track Capital is launching a board fight at Dynavax Technologies, pressing for new directors to prioritize the development of the company’s hepatitis B vaccine instead of pursuing new acquisitions. Deep Track nominated four candidates to Dynavax’s board to add industry and financial expertise plus …
Investor Deep Track launches proxy fight at Dynavax, nominates 4 directors Read More »
(Reuters) – The U.S.-based operator of Forever 21 was preparing to close at least 200 more locations as part of a bankruptcy process expected to kick off as soon as next month, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The potential bankruptcy is also looking for a buyer for the …
Forever 21 plans nearly 200 store closures in second bankruptcy, Bloomberg News reports Read More »
(Reuters) – Rio Tinto, the world’s largest iron ore producer, on Thursday recommended its shareholders in London to vote against a resolution requesting a review of its dual-listed structure. “The board considers that the resolution is not in the best interests of Rio Tinto as a whole and has recommended that shareholders of Rio Tinto …
Rio Tinto recommends London shareholders vote against dual-listing review Read More »
