By Johan Ahlander STOCKHOLM (Reuters) -Sweden and Ukraine are making progress on financing for a major deal that could include Kyiv buying up to 150 Gripen E fighter jets, Sweden’s defence minister told Reuters on Thursday, adding that Stockholm could fund part of the deal via military aid. Sweden signed a long-term cooperation agreement in …
Sweden can help fund Ukraine’s Gripen deal, defence minister says Read More »
LONDON (Reuters) -British companies’ expectations for employment in the year fell last month for the first time in nearly five years, while expectations for future inflation touched the highest level since late 2023, a Bank of England survey showed on Thursday. The readings underlined the trade-offs faced by the central bank as it weighs further …
UK companies’ job sentiment hits 5-year low, BoE survey shows Read More »
By Anuja Bharat Mistry (Reuters) -Ralph Lauren on Thursday raised its annual revenue forecast after beating quarterly estimates on resilient demand for its high-priced Polo shirts and cotton cable-knit sweaters across regions. The affordable luxury apparel maker has seen strong sales despite selectively raising prices, supported by loyalty of its affluent customer base. Ralph Lauren’s …
Ralph Lauren lifts annual revenue target on strong demand across key regions Read More »
By Paolo Laudani (Reuters) -Zurich Insurance does not expect any material financial losses from claims related to Hurricane Melissa, the insurer’s finance chief Claudia Cordioli said on Thursday. “A large number of members of those communities and businesses were uninsured. So you should expect the loss for the industry to be relatively contained,” Cordioli said …
Zurich Insurance sees no material loss from Hurricane Melissa, CFO says Read More »
By Miranda Murray and Matthias Inverardi BERLIN (Reuters) -German arms manufacturer Rheinmetall is on track to achieve its full-year sales target, it said on Thursday, with its CEO confident a flood of orders will come through the first half of next year after delays dented third-quarter results. “The foundations have now been laid for a …
Rheinmetall expects flood of orders to help deliver targets Read More »
By Jason Hovet and Jan Lopatka PRAGUE (Reuters) -The Czech National Bank left interest rates unchanged again on Thursday and said its policymakers saw upside inflation risks from wage growth and potential government spending, although it did not commit to any direction in future policy decisions. The bank’s new forecasts indicated broad rate stability over …
Czech central bank sees upside price risks but no pledge on next rate move Read More »
By Andrea Shalal WASHINGTON (Reuters) -U.S. trade officials met with representatives from Switzerland this week and are having discussions with trade officials from Mexico, Central America and others in the Western Hemisphere, U.S. Trade Representative Jamieson Greer said on Thursday. Greer told Fox Business Network’s “Mornings with Maria” that a potential deal with Switzerland could …
US trade negotiator eyes trade deal with Switzerland, says talks underway with Mexico Read More »
BERLIN (Reuters) -Google said it would announce its biggest-ever investment project for Germany on Tuesday alongside German Finance Minister Lars Klingbeil. The U.S. tech giant said its plan would involve the construction of “infrastructure and data centres,” as well as pushing ahead with “innovative projects for the use of renewable energies and waste heat,” according …
Google to announce biggest-ever investment in Germany on Tuesday Read More »
By Gianluca Lo Nostro (Reuters) -Worldline on Thursday unveiled plans to raise 500 million euros ($583 million) by tapping some of France’s biggest banks to fund a strategy aimed at turning around the payments firm following years of setbacks. The two-stage capital increase will begin with a 110-million-euro reserved share sale to Bpifrance, Credit Agricole …
Payments firm Worldline plans 500-million-euro capital injection Read More »
BRUSSELS (Reuters) -Belgian Prime Minister Bart De Wever gave his coalition partners an ultimatum on Thursday to agree to a federal budget by Christmas or face the collapse of the government. Budget negotiations in the five-party coalition have dragged on for months and hit a wall this week, as parties remained divided on how they …
Belgian PM sets Christmas deadline for budget deal Read More »
