By Johan BODINIER (Reuters) – PostNL’s loss widened in the first quarter from a year earlier, the Dutch postal operator said on Tuesday, hurt by a steep decline in mail volume and higher wage costs that undercut gains in parcel delivery and pressured profitability. The company posted an operating loss before interest and taxes of …
PostNL’s operating loss widens in first quarter; shares drop Read More »
(Reuters) – Tesla’s sales volume in Germany nearly halved in April, German road traffic agency KBA said on Tuesday, even as sales of battery electric vehicles rose overall. KBA said Tesla sold 885 cars in Germany in April, down 45.9% from a year earlier. The number of Teslas sold between January and April 2025 dropped …
(Reuters) -The U.S. Department of Justice has proposed that Google sell its AdX digital ad marketplace and DFP platform for managing and delivering ads on websites, after a federal judge found the company illegally dominated two online ad-tech markets. The proposed remedies, including divestitures, are necessary to end the Alphabet-owned tech giant’s monopolies and restore …
U.S. seeks breakup of Google’s ad-tech products after judge finds illegal monopoly Read More »
LONDON (Reuters) – The Bank of England will delay the announcement of its latest interest rate decision by two minutes on Thursday, publishing the decision at 1102 GMT rather than 1100 GMT, the bank said on Tuesday. The slightly later timing of the release is due to a national two-minute silence being held to commemorate …
Bank of England to delay Thursday interest rate announcement by two minutes Read More »
By Anastasiia Kozlova (Reuters) -Building materials supplier Geberit reported a nearly 5% rise in first-quarter sales on Tuesday and said it expects conditions in the European construction sector to stabilise this year despite an uncertain global market environment. Geberit reported first-quarter sales of 878.5 million Swiss francs ($1.07 billion), up 4.9% year-on-year and exceeding analysts’ …
Geberit posts higher sales, expects European construction to stabilise in 2025 Read More »
(Reuters) – British new car registrations fell more than 10% year-on-year in April, including a 62% plunge for Tesla, hit by weak consumer confidence and tax increases, industry data showed on Tuesday. The Society of Motor Manufacturers and Traders said 120,331 vehicles were registered in the traditionally quieter month of April, with sales of new …
UK new car sales drop in April on weak consumer confidence Read More »
OSLO (Reuters) – Uniper has extended an outage at Sweden’s Oskarshamn 3 nuclear reactor until August 15 to repair a broken pipe, the company said on Tuesday. The 40-year old reactor, which has an installed power capacity of 1,400 megawatts, has been offline since March 29 for its planned yearly maintenance and refuelling. It was …
Uniper again delays restart of Swedish nuclear reactor Read More »
LONDON (Reuters) – The euro zone economy continued to expand in April but at a slower pace as demand weakened and the dominant services sector nearly stagnated, suggesting the region’s recovery remains fragile, a survey showed. The HCOB Eurozone Composite PMI Output Index, compiled by S&P Global, fell to 50.4 from 50.9 in March. The …
Euro zone economic growth slows in April, services near stagnation, PMI shows Read More »
By Gwladys Fouche OSLO (Reuters) -Norway’s $1.8 trillion wealth fund should divest from all companies that aid Israel in the occupied Palestinian territories, a leader at Norway’s powerful LO trade union told Reuters, intensifying an ongoing divestment campaign. LO, the biggest confederation of trade unions in Norway, is aligned with the governing Labour Party and …
By Stine Jacobsen COPENHAGEN (Reuters) -President Donald Trump’s import tariffs will ultimately result in higher electricity prices for U.S. consumers, wind turbine maker Vestas warned on Tuesday, adding it could not absorb the extra costs. Wind turbines include components and materials sourced globally, making the sector vulnerable to potential impacts from international trade tariffs. “Ultimately, …
Import tariffs will raise US power price, wind turbine maker Vestas says Read More »
