(Reuters) -Daimler Truck, one of the world’s biggest truckmakers, reported a 5% decrease in second-quarter sales on Monday, dragged by lower demand in the U.S. market. The company said it sold 106,715 trucks and buses in the second quarter, compared with 112,195 a year earlier. The Trucks North America sales dropped 20% to 38,580 units …
By Alun John LONDON (Reuters) -European stocks took an early lead in 2025, outperforming Wall Street thanks to erratic U.S. policymaking and Germany’s once-in-a-generation fiscal shift, but U.S. markets have caught up. The broad European STOXX 600 index was up 6.6% so far this year, as of Friday’s close, compared with 6.8% for the S&P …
European stocks’ 2025 outperformance is over, but don’t forget the euro Read More »
HAMBURG (Reuters) -Authorities began trials to reopen the Mosel River in west Germany to domestic freight transportation over the weekend, with ships now able to use a damaged lock after an accident last week. Shipping was stopped on the river, an important transit route for grains and rapeseed between Germany and France, after an accident …
Germany begins trials to reopen Mosel river to shipping after accident damaged lock Read More »
By Maria Martinez (Reuters) -German industrial production rose more than expected in May thanks to the automotive industry and energy production, the federal statistics office said on Monday. Production rose 1.2% over the previous month, while analysts polled by Reuters had predicted it to be flat at 0%. “It’s too early to give the all-clear, …
German industrial output rose more than expected in May Read More »
(Reuters) -British industrial machinery maker Renold said on Monday that early fiscal 2026 product sales volume has fallen below year-ago levels and is likely to remain weak through the first half, as economic uncertainty prompts delayed purchases. Renold said that pricing actions largely offset slower first-quarter sales and stands ready to implement further price measures if …
UK’s Renold sees weaker early fiscal 2026 demand on market uncertainty Read More »
STOCKHOLM (Reuters) -Swedish headline consumer prices rose 0.5% in June from the previous month and were up 2.9% from the same month a year earlier, flash figures from the statistics office (SCB) showed on Monday. Stripping out volatile energy prices, a measure the Riksbank is looking at closely, inflation was 3.3% compared to June 2024. …
Swedish inflation picks up in June, puts more rate cuts in doubt Read More »
(Reuters) -Dsm-firmenich’s is close to selling its animal nutrition business, with final bids expected from private equity firms CVC, Apollo and Dutch rival Nutreco, Dutch newspaper Financieele Dagblad reported on Sunday. Potential buyers have until July 24 to submit binding offers, with dsm-firmenich aiming to finalise the deal this summer, the report said. Reuters could …
Dsm-firmenich’s animal feed unit sale attracts three final bidders, Dutch paper reports Read More »
(Reuters) -British house prices stagnated month-on-month during June, as economists polled by Reuters had expected, figures from Halifax showed on Monday. The mortgage lender revised up May’s reading to show a 0.3% drop rather than a 0.4% drop. The data underlined the subdued state of Britain’s housing market following an increase in tax on property …
UK house prices stagnated in June, Halifax data shows Read More »
By Kevin Yao BEIJING (Reuters) -Chinese government advisers are stepping up calls to make the household sector’s contribution to broader economic growth a top priority at Beijing’s upcoming five-year policy plan, as trade tensions and deflation threaten the outlook. Leaders are gathering proposals for their 15th five-year plan, a voluminous document that lays out priorities …
Calls grow for China’s household sector to be bigger economic driver Read More »
(Reuters) -A look at the day ahead in European and global markets from Wayne Cole. Well, that’s as clear as mud. Apparently August 1 is now the U.S. deadline for when higher tariffs will be imposed on some countries if no trade deals are done, or under way. It’s not really certain which countries that …
Morning Bid: Chagrin as Trump plays three-card trick on trade Read More »
