Investors warn big consumer firms over price hikes as competitors gain
By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumer goods companies like P&G, Unilever and Nestle should start…
Business
Poundland-owner Pepco sales jump as shoppers seek value
By James Davey LONDON (Reuters) -European discount retailer Pepco Group reported a 22.8% surge in first-half revenue, as its low…
GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it…
Nokia profit misses forecast, expects stronger second half
By Supantha Mukherjee STOCKHOLM (Reuters) -Nokia on Thursday reported operating profit below market expectations for the first quarter and the…
German producer prices rise less than expected in March
BERLIN (Reuters) – German producer prices rose less than expected in March, posting the smallest year-on-year increase since June 2021,…
USTR’s Tai: Indo-Pacific trade talks could see results this year
TOKYO (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday Indo-Pacific Economic Framework (IPEF) trade negotiations are progressing “at…
ECB’s Knot ‘not uncomfortable’ with terminal rate market expectations
DUBLIN (Reuters) -European Central Bank (ECB) policymaker Klaas Knot is “not uncomfortable” with current market expectations which envisage interest rates…
GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan’s Rapidus
By Jane Lanhee Lee OAKLAND, California, (Reuters) -Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against…
Analysis-Seaplanes and tech gods: Spain’s drive to dish out $84 billion of EU cash
By Belén Carreño and Charlie Devereux MADRID (Reuters) – A request for seaplanes needed to fight forest fires is red-flagged…
Japan March export growth slows, annual trade deficit widens to record
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s export growth slowed in March, dragged down by a drop in China-bound shipments of…