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…
Europe
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,…
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…
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…
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…
Safran posts strong sales but sees supply chain risks
By Tim Hepher PARIS (Reuters) -French aero engine maker Safran unveiled stronger than expected quarterly revenues on Wednesday, buoyed by…
Column-Inequality and ‘deposit glut’ sowed bank instability :Mike Dolan
By Mike Dolan LONDON (Reuters) – Growing wealth inequality and rise of the digital economy may well have combined to…
Teck Resources profit misses estimates as Glencore circles
LONDON (Reuters) -Canadian miner Teck Resources, the target of an unsolicited takeover bid by Glencore, narrowly missed first-quarter estimates on…