Reuters UK Business

ZURICH (Reuters) -Logitech International raised its full-year forecast on Tuesday, after reporting higher sales and profit for its important pre-holiday quarter, supported by strong demand for computer hardware products for businesses and gamers. The Swiss-American company, which makes products such as keyboards, mouse and webcams, said its sales rose nearly 7% to $1.34 billion in …

Computer parts maker Logitech raises 2025 sales forecast on strong demand Read More »

By Kalea Hall DETROIT (Reuters) -General Motors earnings exceeded Wall Street’s forecasts on Tuesday, but investors still dumped the stock broadly on fears of tariffs that will make it hard for the automaker to hit its 2025 targets. Shares dropped 8.9% on Tuesday to $50.04 a share, as investors and analysts said GM’s outlook is …

GM results aren’t enough for investors, shares skid 9% on tariff worries Read More »

(Reuters) -British engineering firm Smiths Group is managing a cybersecurity incident that involved unauthorised access to its systems, the company said on Tuesday, sending its shares down as much as 2.3% in early trade. The company, best known for making baggage-screening kits and explosive detectors, said it had isolated the affected systems when it became …

UK engineering firm Smiths Group hit by cyber attack Read More »

By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) – LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains. The owner of Louis Vuitton …

LVMH touts good start to 2025 but Q4 results underwhelm Read More »

By Lewis Krauskopf and Laura Matthews NEW YORK (Reuters) – Turbulence in some of the biggest tech names is reminding investors of one of the major risks to the U.S. stock market’s record-setting rally: Reliance on a handful of mammoth companies to power those gains. Investors are scrambling to understand the fallout for the artificial …

Analysis-US tech stock tumble highlights risk of market reliance on megacaps Read More »

STOCKHOLM (Reuters) – Sweden’s LKAB could supply around 18% of Europe’s rare earth metal demand in the long term if its north Arctic Per Geijer mine enters production, the company said on Tuesday as it began construction of a related processing facility. Rare earths are a group of 17 metals critical to products from lasers …

Sweden’s LKAB says it could meet 18% of Europe’s rare earth needs with Per Geijer mine Read More »

LONDON (Reuters) – JPMorgan is in talks to take overflow office space in Credit Suisse’s empty former offices in Canary Wharf, a source familiar with the matter told Reuters, having outgrown its own European headquarters nearby. The Wall Street banking giant has said that all staff must return to working in the office five days …

JPMorgan eyes space at former Credit Suisse tower in Canary Wharf, source says Read More »