BMW lifts outlook, warns inflation and supply issues not over
BERLIN (Reuters) -BMW lifted its annual outlook for its margin on earnings before interest and taxes (EBIT) in the automotive…
Uncategorized
Billionaire Kretinsky in talks to buy Atos unit in $2.2 billion deal
By Mathieu Rosemain PARIS (Reuters) -Czech billionaire Daniel Kretinsky is in talks to buy Atos’s loss-making legacy operations in a…
German unemployment falls unexpectedly in July
BERLIN (Reuters) -German unemployment fell unexpectedly in July, showing resilience in the labour market despite difficult economic conditions, but the…
UK’s Domino’s Pizza to stop raising prices, expects profit beat
By Radhika Anilkumar (Reuters) -Britain’s Domino’s Pizza Group said on Tuesday it does not expect to raise its product prices…
Germany’s struggling property sector in five charts
By Tom Sims FRANKFURT (Reuters) – Germany’s property sector is under stress, prompting firms to call for government support, property…
Cineworld emerges from Chapter 11 bankruptcy
(Reuters) – Cineworld Group said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower…
South African factory activity contracts further in July – Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity contracted for the sixth consecutive month in July, driven by an increase in…
‘Not found’: China’s ex-foreign minister is gone but wait for explanation goes on
By Yew Lun Tian BEIJING (Reuters) – Hours after China’s top legislature convened a special meeting last week to remove…
Daimler Truck hits record returns margin amid rising costs
BERLIN (Reuters) -Daimler Truck achieved a second-quarter record adjusted return on sales of 10.3% for its industrial business, the company…
UK factory output falls at fastest pace in seven months, cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output contracted in July at the fastest pace in seven months, hit…