Lotus Bakeries shares rose after it said it expanded its existing agreement with food major Mondelez International to include ice cream products. Shares were up 5.2% at 8,450 euros in early European ...
In Europe, the Stoxx Europe 600 declined 0.2% in morning trading. Allegro.eu rose 7.7% and Lotus Bakeries climbed 4.9%. On the other hand, Daimler Truck slipped 10.7%, and Zealand Pharma dropped 5%.
While the CPI data was slightly softer than expected, the readthrough into the core personal consumption expenditure price index - the Fed's favored inflation gauge - is somewhat less benign, ...
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline demand ...
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank's top bank supervisor, a White House official confirmed to MarketWatch. A tame inflation ...
--Budweiser Brewing Co. APAC is planning to cut more jobs this year, mostly in China, as it seeks to cut costs, Bloomberg reports, citing unnamed sources. --The job cuts are part of the company's plan ...
Hannover Re increased its dividend by 25% on the back of higher profits for 2024. The German reinsurer said Thursday that its board will propose a dividend of 9.00 euros per share, up last year's 7.20 ...
Wonder CEO Marc Lore hopes the company will one day offer AI-powered autonomous food ordering for all three meals of the day.
Telefonica agreed to sell its business in Colombia to Millicom Spain for $400 million as the telecommunications company seeks to gradually reduce its exposure to Latin America.
SYDNEY--The world growth outlook is looking decidedly grim as the international community grapples with a deepening global trade war, roiled financial markets and enormous shifts in strategic ...
UniCredit said it received authorization from Italy's insurance watchdog to buy Banco BPM's insurance assets, should its offer for its smaller rival achieve a positive outcome.
Generali, which it makes most of its profit from Italy, France, Germany and Central and Eastern Europe, was expected to post a net profit of 3.825 billion euros, operating profit of 7.23 billion euros ...
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