Puma expects Q2 sales growth below full-year target after Q1 beat
By Linda Pasquini and Elizaveta Gladun (Reuters) -German sportswear maker Puma said on Wednesday it expected second-quarter sales to grow…
2023
Brazil’s WEG posts Q1 net profit up 38%, in line with forecasts
SAO PAULO (Reuters) – Brazilian motor maker WEG SA on Wednesday reported a first-quarter net profit of 1.3 billion reais…
Bank of Canada rate-cut bets recede as core inflation proves sticky
By Fergal Smith TORONTO (Reuters) – Canadian inflation excluding food and energy costs is expected to remain above 3% until…
Explainer-South Korea’s nuclear dilemma: Would U.S. trade Seattle for Seoul?
By David Brunnstrom WASHINGTON (Reuters) – At a summit with South Korean leader Yoon Suk Yeol on Wednesday, U.S. President…
UK shop sales rise modestly in April, outlook doubtful: CBI
LONDON (Reuters) – British retail sales inched higher in April, although most shop chains do not foresee a lasting improvement,…
Hilton boosts annual profit view as travel demand defies inflation
(Reuters) -Hilton Worldwide Holdings Inc raised its full-year adjusted profit forecast on Wednesday as the U.S. hotel operator bets on…
Lockmaker Assa Abloy to raise prices further after Q1 beats expectations
COPENHAGEN (Reuters) -The world’s biggest lockmaker Assa Abloy on Wednesday posted a higher than expected first-quarter operating profit after a…
DeSantis could win Republican votes with Disney clash -Reuters/Ipsos poll
WASHINGTON (Reuters) – Florida Governor Ron DeSantis’ battles with Walt Disney Co over a state law banning public school lessons…
Hungary’s price caps, windfall taxes dent morale among German firms -survey
BUDAPEST (Reuters) – Price caps to curb surging inflation and windfall taxes imposed by Hungary’s government have hurt sentiment among…
Germany expects deficit of 4.25%/GDP in 2023 – fin min
BERLIN (Reuters) – Germany expects to post a deficit of 4.25% of gross domestic product (GDP) in 2023, up from…