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,…
Business
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…
Marketmind: Cloud control – tech trumps banks
A look at the day ahead in U.S. and global markets from Mike Dolan Just as markets were getting all…
Tech CEOs wax poetic on AI, big adds to sales will take time
By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI)…
Microsoft says it will build data centre in Poland
WARSAW (Reuters) – Microsoft will build a data centre in Poland, the company’s President for Europe, the Middle east and…
Micron case causing concern for US companies in China, business chamber says
SHANGHAI (Reuters) – Leaders from a top U.S. business lobbying group said on Wednesday that Beijing’s probe against U.S.-based chipmaker…