Reuters UK Business

(Reuters) -Beyond Meat on Wednesday withdrew its annual sales target as macroeconomic volatility and high inflation in the United States added further pressure on faux-meat makers already struggling with weak consumer demand. It had earlier forecast annual net revenue of $320 million to $335 million. The company’s shares were down 5.5% in extended trading after …

Beyond Meat withdraws annual forecasts as US faux meat demand slides Read More »

By Andrea Mandala MILAN (Reuters) -Banco BPM raised its 2025 guidance after a bigger-than-expected 38% rise in first quarter net profit driven by fee and trading income which more than offset the hit from lower interest rates, it said on Wednesday. The bank, the target of a hostile 13.7 billion euro all-share offer by UniCredit, …

Bid target Banco BPM raises 2025 guidance after strong first quarter Read More »

By Sukriti Gupta and Nikhil Sharma (Reuters) -European shares ended lower on Wednesday, pausing after weeks of strong gains, while investors monitored a raft of corporate earnings ahead of the U.S. Federal Reserve’s rate decision later in the day. The pan-European STOXX 600 index closed 0.5% lower, while other regional indexes also ended their day …

European shares slip as investors assess earnings, await Fed rate decision Read More »

(Reuters) -Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said. The recall applies to a number of Volvo models including the 2021 to 2025 XC40, as the rearview camera image may not display when the vehicle …

Volvo Cars recalls over 400,000 US vehicles over rearview camera issue, NHTSA says Read More »

(Reuters) -British stocks closed lower on Wednesday as losses in healthcare and real estate shares offset positive trade talk developments, while investors awaited the U.S. Federal Reserve’s interest rate decision due later in the day. The blue-chip FTSE 100 fell 0.4%. The domestically focused FTSE 250 slipped 0.1%. However, brokerage Barclays upgraded the FTSE 250 …

Healthcare, real estate losses drag UK shares; Fed in focus Read More »

PARIS (Reuters) -Airbus said on Wednesday it delivered 56 aircraft in April, down 8% from the same month of last year. The tally brings deliveries so far this year to 192 aircraft, down 5% from the same point in 2024. The European planemaker last week reaffirmed a target of 820 commercial deliveries for the whole …

Airbus deliveries fell 8% in April Read More »