(This Feb. 4 story has been corrected to say that the U.S. plant is located in Tennessee, not Ohio, in paragraph 4) (Reuters) – Finland’s Nokian Tyres reported a much lower than expected operating profit for the final quarter of 2024 on Tuesday and warned that geopolitical uncertainties, including U.S. President Donald Trump’s tariffs, could …
Nokian Tyres posts big profit miss, says tariffs add to uncertainty Read More »
A look at the day ahead in European and global markets from Rae Wee Investors in Europe will wake up to an action-packed Thursday spanning a rate decision from the Bank of England (BoE) and a flurry of corporate earnings, alongside any news from U.S. President Donald Trump that could reignite market volatility. The BoE …
Morning Bid: Focus swings back to rate moves, company earnings Read More »
By Danilo Masoni MILAN (Reuters) -European stocks have staged their best performance in a decade against Wall Street in the first six weeks of 2025, but hopes among some they can finally end years of underperformance could yet be dashed by long-standing structural challenges. Seizing on extreme company valuation gaps, investors are piling into European …
European stocks step out from US shadow in 2025, but for how long Read More »
By Kirstin Ridley LONDON (Reuters) – British lawmakers said on Thursday that the UK markets watchdog should ditch already softened proposals to publicly name some companies under investigation if it cannot properly balance consumer benefits with the risks to firms and individuals. The Financial Conduct Authority last year rowed back from plans designed to boost …
UK regulator’s softened ‘name and shame’ plan unconvincing, lawmakers say Read More »
By America Hernandez LONDON (Reuters) – TotalEnergies will expand its investment in U.S. liquefied natural gas over the next decade as the French company seeks to cement its position as a major exporter of U.S. LNG, its CEO told Reuters on Wednesday, dismissing fears by American market watchers that more exports could boost U.S. gas …
TotalEnergies CEO doubles down on US LNG, downplays Trump tariff fears Read More »
PARIS (Reuters) – Airbus had a relatively slow start to the year in commercial jet production and deliveries after sprinting towards the finish line in December following months of supply chain turbulence, according to data from UK-based Cirium Ascend. The European planemaker handed over around 22 aircraft in January, global head of consultancy Rob Morris …
Airbus output and deliveries fell in January, industry watcher says Read More »
By Deborah Mary Sophia (Reuters) -The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, after Microsoft and Google’s lackluster reports jolted investor faith in Big Tech’s billion-dollar investments in AI. Shares of major tech companies surged in the past two years on the belief that …
Amazon’s cloud business faces crucial test after rivals Microsoft, Google stumble Read More »
(Reuters) -Denmark’s Orsted has decided to cut its 2030 investment program by 25%, the renewable energy firm said on Wednesday, as the offshore wind industry grapples with rising costs and supply chain issues. The firm will now invest in the range of 210 billion to 230 billion Danish crowns ($29.32 billion to $32.12 billion) for …
By Pratima Desai and Eric Onstad LONDON (Reuters) -Sigma Broking, one of eight members of the London Metal Exchange allowed to trade on the open-outcry floor, is in talks to sell its business three years after joining the LME, three sources with knowledge of the situation said. Sigma became the first new floor-trading member of …
Exclusive-LME floor trader Sigma in talks to sell brokerage, sources say Read More »
By Savyata Mishra (Reuters) -Mattel shares climbed as much as 18% in early trading on Wednesday after the Hot Wheels maker provided an upbeat annual profit forecast and hinted at stabilizing toy demand, despite tariff-related uncertainty. The company also said it planned to increase product prices to soften the blow from the potential impact of …
Barbie parent Mattel shares surge on strong profit forecast despite tariff worries Read More »
