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(Fixes typographical error in headline in story from August 11) (Reuters) -U.S. President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up in the ongoing global trade spat. “Gold will not …

Bullion markets breathe sigh of relief after Trump says gold will not face tariffs Read More »

By Neil J Kanatt (Reuters) -On Holding raised its annual sales forecast on Tuesday as its focus on brand promotion drove demand for its athletic-focused apparel and footwear, sending its shares up about 9%. The Swiss company has been capturing market share in the U.S. from rivals, including Adidas and Nike, by targeting younger customers …

Sneaker brand On raises sales forecast as promotions drive demand Read More »

(Reuters) -Britain’s Bellway expects to build more homes in its new financial year after higher completions and average selling prices helped to boost profit margins in the year ended July 31, the housebuilder said on Tuesday. The company’s upbeat tone about Britain’s housing market, which has been bogged down by elevated interest rates, sticky inflation …

UK’s Bellway expects to build more homes as profitability picks up Read More »

By Gwladys Fouche ARENDAL, Norway (Reuters) -Norway’s $2 trillion wealth fund, the world’s largest, said on Tuesday it expects to divest from more Israeli companies as part of its ongoing review of investments in the country over the situation in Gaza and the West Bank. The fund announced on Monday it was terminating contracts with …

Norway sovereign fund expects to sell more Israeli stocks over Gaza, West Bank Read More »

By Javi West Larrañaga and Marleen Kaesebier (Reuters) -The outlook for European corporate health has considerably improved, the latest earnings forecasts showed on Tuesday, showing a continued rise after the extension of the U.S.-China tariff truce and the EU-U.S. trade deal. European companies are expected to report 4.8% growth in second-quarter earnings, on average, according …

European Q2 corporate profit outlook improves further Read More »

By Maria Martinez BERLIN (Reuters) -German investor morale fell more than expected in August, the ZEW economic research institute said on Tuesday, citing widespread disappointment with the European Union-U.S. trade deal and Germany’s sluggish second-quarter economic performance. The economic sentiment index fell to 34.7 points from 52.7 points in July. Analysts polled by Reuters had …

German investor morale falls more than expected in August, ZEW finds Read More »