DUBLIN (Reuters) – Ireland’s manufacturing sector returned to growth in January thanks to fresh impetus in output and new orders, as confidence levels among firms remained close to December’s 15-month high, a survey showed on Tuesday. The AIB Ireland Manufacturing PMI rose to 51.3 last month from 49.1 in December, crossing the 50.0 mark that …
Buoyant Irish manufacturing firms return to growth, PMI shows Read More »
By Stephen Nellis (Reuters) -Apple on Monday criticized a pornography app newly available on iPhones in the European Union, saying the bloc’s digital policy was undermining consumer confidence in Apple. Since it first opened the App Store on iPhones in 2008, Apple has controlled what apps could be downloaded to the devices, with then-CEO Steve …
Apple raises concern over first porn app on iPhone under EU rules Read More »
By Maggie Fick LONDON (Reuters) – Britain’s pharmacies regulator on Tuesday tightened rules for online pharmacies’ prescribing obesity drugs, ordering them to make changes to prevent people from receiving drugs that could cause them harm. The General Pharmaceutical Council (GPhC), which regulates UK pharmacies and has the power to ban them from supplying medicines, said …
UK pharmacies regulator tightens rules on prescribing obesity drugs Read More »
By Marc Jones LONDON (Reuters) – Central bank body the Bank for International Settlements has urged the likes of the Federal Reserve and European Central Bank to revamp the way they approach interest rate setting to avoid the collective failures that allowed inflation to soar after the pandemic. Outgoing BIS chief Agustin Carstens used a …
Central bank body urges policy revamps to heed COVID lessons Read More »
By Emma Rumney and Waylon Cunningham LONDON/NEW YORK (Reuters) -Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as threatened tariffs — postponed for a month– could deal a hefty blow to an industry already struggling with falling sales. U.S. President Donald Trump over the weekend signed …
Trump’s proposed tariffs may mean higher costs for Canadian whisky in the US Read More »
(Reuters) – NXP Semiconductors forecast its first-quarter revenue below analysts’ estimates on Monday, in a sign of sluggish demand for its chips from industrial and automotive customers. The Eindhoven, Netherlands-based company provides chips and other technology essential for high-speed digital processing utilized in sectors such as automotive, manufacturing, telecommunications and the Internet of Things. Costly …
Chipmaker NXP forecasts downbeat first-quarter revenue on soft demand Read More »
By Kate Abnett and Virginia Furness BRUSSELS (Reuters) – Investors with 6.6 trillion euros in assets under management have urged the European Union not to weaken its sustainability rules, as Brussels draws up plans to cut red tape around green finance. The European Commission will publish a proposal this month to simplify reporting requirements under …
Investors with 6 trillion euros warn EU not to weaken green rules Read More »
By Forrest Crellin PARIS (Reuters) – French power group Engie still sees strong appetite in the U.S. for renewable energy projects and expects the country to remain an integral part of the company’s portfolio, Executive Vice President Edouard Neviaski said on Monday. U.S. President Donald Trump has ordered a pause in spending for the Inflation …
Engie still sees strong US appetite for renewables Read More »
By Deborah Mary Sophia and Zaheer Kachwala (Reuters) – Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth at the Google parent likely slowed in the holiday quarter due to a slowdown in its advertising and cloud businesses. Like other U.S. technology heavyweights, Alphabet …
Alphabet faces scrutiny on AI spending as Google cloud growth slows Read More »
By Matteo Allievi (Reuters) – (This May 27, 2024 story has been corrected to change the company description to a renewable energy company, and not a solar panel maker, in paragraph 1 and to renewable energy firms, not solar panel manufacturers, in paragraph 4) Spanish renewable energy company Solaria said on Monday it expected energy …
Solaria sees higher energy prices later this year, shares rise Read More »
