Reuters UK Business

By Amir Orusov and Anastasiia Kozlova (Reuters) -Sonova, the world’s largest maker of hearing aids, said on Friday that most of its products should be exempt from U.S. tariffs, as it forecast double-digit earnings growth for the current year and also announced that CEO Arnd Kaldowski was stepping down. Kaldowski, who has been CEO for …

Sonova forecasts double-digit earnings growth, says CEO to step down Read More »

By Paritosh Bansal, Davide Barbuscia and Jeff Mason (Reuters) – To hear Donald Trump and some of his advisers tell it, trade tariffs will accomplish many things: stimulate the U.S. economy, bring home manufacturing jobs, raise tax revenues and provide America leverage to renegotiate security deals with its allies. Many economists believe those aims are …

In Trump’s circle, some expect high tariffs even after trade deals Read More »

By Matthias Inverardi DUESSELDORF (Reuters) – Rheinmetall has been contacted by potential buyers of its civilian businesses and is in talks with them, as the German defence contractor seeks to focus on its booming military business, its CEO said. “Rheinmetall has for a while received expressions of interest from potential buyers and is in talks …

Rheinmetall in talks with suitors for civilian businesses, CEO says Read More »

(Reuters) -Italy’s Piaggio posted first-quarter 2025 consolidated revenue of 370.7 million euros ($416.82 million), down from 428 million euros in the same period of 2024, the company said on Friday. Piaggio sold 106,800 vehicles in the first three months of the year, compared to 120,300 in the first quarter of 2024. Its gross industrial margin …

Vespa maker Piaggio’s revenue falls to 370.7 million euros Read More »

STOCKHOLM (Reuters) -The Swedish government on Friday cut its GDP growth forecast for this year and next, saying global trade frictions had cast a pall over the economy and increased uncertainty about the outlook. Sweden’s economy will expand 1.8% this year and 2.3% in 2026, Finance Minister Elisabeth Svantesson told a press conference. The government’s …

Sweden cuts GDP growth forecasts, sees downside risks Read More »

By Gergely Szakacs and Marc Jones BUDAPEST/LONDON (Reuters) -Ratings agency S&P Global has warned that the current political upheaval in Romania is putting the country’s coveted investment grade credit rating under increasing threat. Romania’s financial markets were rattled this week after hard-right presidential candidate George Simion’s victory in a first-round vote deepened a political crisis …

S&P Global raises fears of Romania rating cut to junk category Read More »