Italy business and consumer morale rise in April but manufacturers more downbeat
ROME, April 27 (Reuters) – Morale amongst Italian businesses and consumers rose in April, data showed on Thursday, but sentiment…
Business
House Republicans pass debt-ceiling hike, hoping to spur Biden to talks
By David Morgan and Richard Cowan WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday narrowly passed a bill…
European commercial real estate investment slumps to 11-year low in Q1 2023
By Elizabeth Howcroft LONDON (Reuters) -European commercial real estate investment fell to its lowest in 11 years in the first…
Zombie alert: Russian lawmaker complains about rogue design algorithm
By Mark Trevelyan (Reuters) – A leading Russian lawmaker said on Wednesday he had filed a complaint about an online…
Unilever sales beat estimates even as price rises slow
By Richa Naidu LONDON (Reuters) -Unilever smashed quarterly sales forecasts on Thursday as another big rise in prices from the…
Nestle uses Airbus satellites to monitor reforestation in Thailand
By Richa Naidu LONDON (Reuters) – Nestle is piloting using Airbus satellites to monitor reforestation, amid global concerns about whether…
Facebook owner Meta touts AI might as digital ads boost outlook; shares jump
By Katie Paul and Akash Sriram (Reuters) -Meta Platforms Inc CEO Mark Zuckerberg said on Wednesday that AI was helping…
Singapore lender UOB’s Q1 core profit leaps 74% to record $1.2 billion
SINGAPORE (Reuters) – Singapore’s United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter…
Swedbank Q1 profits beats expectations on better deposit margins
STOCKHOLM (Reuters) -Swedish bank Swedbank reported first-quarter net profit above market expectations on Thursday and said higher deposit margins had…
Founder of Taiwan’s Foxconn says China won’t attack if he’s president
TAIPEI (Reuters) – The billionaire founder of Taiwan’s Foxconn and presidential hopeful Terry Gou said on Thursday China does not…