STOCKHOLM (Reuters) -Tesla’s new car sales in Sweden fell 53.7% in May from a year earlier to 503 vehicles, registration data from Mobility Sweden showed on Monday. (Reporting by Anna Ringstrom, editing by Terje Solsvik)
(Corrects aircraft in paragraph 10 to A320neo, not A321neo) By Tim Hepher NEW DELHI (Reuters) -The head of Saudi budget carrier flyadeal criticised Airbus’ handling of delays of narrow-body jets and voiced concerns that disruption could spread to freshly ordered wide-body A330neos. CEO Steven Greenway spoke out about delays on the sidelines of an IATA …
Flyadeal airline CEO blasts Airbus over ‘inexcusable’ delivery delays Read More »
(Corrects number of rate cuts priced in by markets in paragraph 8 of May 31 article) MANCHESTER, England (Reuters) -Bank of England Deputy Governor Sarah Breeden highlighted a weakening labour market and slow economic growth in an interview published on Saturday, adding that “waves of disinflation are continuing”. She told the Sunday Times that the …
BoE’s Breeden sees loosening labour market and disinflation, Sunday Times reports Read More »
(Reuters) – Russia’s manufacturing sector returned to growth in May, supported by a fresh upturn in new orders, even as output contracted for the third month running amid reports of supply shortages, a business survey showed on Monday. The S&P Global Purchasing Managers’ Index (PMI) for Russia’s manufacturing sector rose to 50.2 last month from …
Russian manufacturing sector returns to growth in May, PMI shows Read More »
PARIS (Reuters) -The French state has made a 410 million euros ($466.33 million)confirmatory offer to buy part of the former Advanced Computing business of tech company Atos, said Atos on Monday. Once seen as a European tech champion, with a market value of more than 10 billion euros at its highest, Atos emerged from financial …
French state makes offer to buy part of Atos’ former Advanced Computing unit Read More »
(Reuters) – Northern Irish designer Jonathan Anderson has been named creative director of women’s, men’s and haute couture collections of Dior, replacing Maria Grazia Chiuri who held the role for almost a decade, the Financial Times reported on Monday. Reuters could not immediately confirm the report. Chiuri left her job as creative director of Dior …
Dior picks Jonathan Anderson as creative director, FT reports Read More »
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) -The European Central Bank is tipped to cut interest rates on Thursday, its eighth move this cycle, with traders sensing a pause will then follow as the economy holds up better than anticipated and longer-term inflation worries creep back. U.S. tariff uncertainty, heightened further by a court …
By Suban Abdulla LONDON (Reuters) -British firms expect output to slide over the next three months, in their gloomiest outlook since September 2022, as the implications of U.S. tariffs and higher payroll taxes weigh on the private sector, an industry survey showed on Monday. The Confederation of British Industry said the output expectations gauge of …
Trade war, labour costs herald weakest UK outlook since 2022, CBI says Read More »
By Andy Bruce MANCHESTER, England (Reuters) -Britain needs to cut industrial energy bills that are the highest among major advanced economies if its aspirations for a healthy manufacturing sector are to succeed, industry body Make UK said on Monday. Prime Minister Keir Starmer’s government is working on an industrial strategy to put British manufacturing – …
High energy costs threaten UK manufacturing’s future, industry warns Read More »
(Reuters) -Frankfurt-listed IT services provider Datagroup SE said on Sunday that KKR has made a conditional proposal to increase the potential acquisition offer to up to 58 euros ($65.84) per share. KKR initially offered 54 euros per share in an all-cash transaction valuing Datagroup at approximately 450 million euros. Under the revised terms, the offer …
KKR raises conditional offer for German IT services firm Datagroup Read More »
