Outgoing Thyssenkrupp CEO pledges leadership change won’t slow execution
By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) – Thyssenkrupp’s outgoing Chief Executive Martina Merz sought to assuage investor fears…
Europe
Yellen says G7 members looking at how to counter China’s ‘economic coercion’
By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group…
Rolls-Royce turnaround moving ‘at pace’ under new CEO
By Sarah Young and Paul Sandle LONDON (Reuters) -British engine maker Rolls-Royce said the new CEO’s plan to boost the…
Strong U.S. demand and AI helps Sorrell’s S4 to navigate tougher environment
LONDON (Reuters) – Martin Sorrell’s S4 Capital said artificial intelligence (AI) was helping the advertising group to become more efficient…
Italian bonds face a raft of challenges as credit ratings loom
By Harry Robertson LONDON (Reuters) – Italian bonds face a rockier road in the coming months after a period of…
Germany’s Merck flags decline in operating profit of up to 10% in 2023
By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday warned that adjusted operating earnings could decline by as…
Deutsche Telekom slightly raises 2023 profit outlook
BERLIN (Reuters) – Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in…
China, France agree to strengthen economic ties
PARIS/BEIJING (Reuters) – French Foreign Minister Catherine Colonna and her Chinese counterpart Qin Gang agreed on the need to “develop…
Google’s AI is coming to more companies near you
By Jeffrey Dastin MOUNTAIN VIEW, California (Reuters) – The financial report you read, the apparel marketing you see and the…
Factbox-China’s oil, commodities import from Russia
(Reuters) – China has dramatically increased use of the yuan to buy Russian commodities over the past year, with nearly…