COPENHAGEN (Reuters) -Global freight company DSV said on Tuesday U.S. President Donald Trump’s trade tariffs could curb demand slightly, potentially denting its earnings this year. Following Trump’s threats to impose tariffs on a range of countries, governments and companies are waiting to see the extent to which he will follow through on his words and …
Logistics company DSV says trade tariffs may curb demand Read More »
BRUSSELS (Reuters) – Belgium’s new government is looking to double its nuclear power capacity from 4 gigawatts to 8 GW by building new reactors, Energy Minister Mathieu Bihet was quoted as saying by financial daily Tijd on Tuesday. WHY IT’S IMPORTANT The new coalition government agreement states that the coalition targets 4 GW of nuclear …
New Belgian government considers building new nuclear plants, report says Read More »
COPENHAGEN (Reuters) – Volvo Cars’ sales fell by 5% year-on-year in January to 50,820 cars, the Sweden-based automaker said on Tuesday, adding that the decrease was largely due to the timing of the Chinese New Year. Volvo Cars, which is majority-owned by China’s Geely Holding, said the number of electrified cars, including fully electric and …
FRANKFURT (Reuters) – German chipmaker Infineon slightly revised up its full-year revenue outlook on Tuesday due to expected currency effects after a fall in fiscal first-quarter revenue was not as bad as expected. Infineon said it now expects revenue for the fiscal year until end-September 2025 to be flat to slightly up compared with the …
Infineon more positive on revenue outlook after Q1 stronger than expected Read More »
(Reuters) -Tullow Oil said on Tuesday that it has appointed its finance chief Richard Miller as interim chief executive officer, effective Feb. 14. Miller, who joined Tullow in 2011, will succeed Rahul Dhir, who is stepping down as CEO and resigning from the board but will stay on until June 5. Tullow said the process …
UK’s Tullow Oil names Richard Miller as interim CEO Read More »
HELSINKI (Reuters) – U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed a multi-year expansion agreement to upgrade AT&T’s voice carriage and 5G network automation in the U.S., the Finnish company said on Tuesday. The deal comes a year after Nokia lost a major contract with AT&T to its Swedish rival Ericsson, …
Nokia signs multi-year expansion deal with AT&T for voice and automation Read More »
By Leo Marchandon (Reuters) – Publicis, the world’s largest advertising group by market capitalization, announced on Tuesday it expects organic growth of 4% to 5% in 2025, a slight slowdown compared to the robust performance in 2024 that exceeded expectations, propelled by its data-driven targeted marketing. The French group, which dethroned British rival WPP as …
Publicis forecasts slower 2025, remains confident on outperformance Read More »
PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted in-line quarterly inflows on Tuesday, as demand for risk-averse products remained strong over the last three months of the year. Net inflows in the fourth quarter were 20.5 billion euros, bringing total assets under management (AUM) to a record 2.24 trillion euros ($2.30 trillion) at the …
Amundi posts in-line Q4 inflows on risk-averse products Read More »
By Amy Lv and Melanie Burton BEIJING/MELBOURNE (Reuters) -Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure damaged by a previous cyclone last month. “Safety is our priority. As is procedure, we began …
Rio Tinto faces new iron ore shipping snarls due to cyclones Read More »
A look at the day ahead in European and global markets from Tom Westbrook Markets have taken the one-month delay in tariffs on Canada and Mexico as a signal that everything’s negotiable. Even for China. Canada’s Justin Trudeau and Mexico’s Claudia Sheinbaum got on the phone to Donald Trump on Monday and told him they …
Morning Bid: China tariffs on, but everything’s negotiable Read More »
