Philips shares retreat after fourth straight drop in order intake
By Diana Mandia (Reuters) -Health technology group Philips posted a fourth straight drop in order intake on Monday and warned…
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Spain’s uncertain election result: Five questions for markets
(Reuters) – Spanish shares tumbled on Monday, with markets spooked by the prospect of political gridlock following a snap election…
Before election, UK’s Sunak recommits to housing promises
By Elizabeth Piper LONDON (Reuters) -British Prime Minister Rishi Sunak recommitted on Monday to promises to boost homebuilding by the…
UK firms grow at slowest in 6 months as rate hikes weigh: PMI
By David Milliken LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July,…
Funds build biggest short dollar position since March 2021: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds have ramped up their bearish dollar bets by more than $7 billion…
Taiwan’s Foxconn to take 50% stake in ZF axle system unit
BERLIN (Reuters) – Taiwan’s Foxconn will acquire a 50% stake in ZF Group’s axle system assembly unit, creating a joint…
Spanish banks and utilities stocks hit as election unnerves investors
By Amanda Cooper and Jesús Aguado LONDON/MADRID (Reuters) -Spanish blue-chip shares dropped on Monday after a snap general election at…
Mexico’s economy to slow in step with US growth moderation: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth…
Apple aims to keep iPhone shipments steady – Bloomberg News
(Reuters) – Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in…
United Parcel Service, Teamsters union to resume labor talks on Tuesday
(Reuters) – United Parcel Service said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000…