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Renault says new models to lift 2024 sales, confirms profit outlook
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Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble
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Euro at highest to yen since 2008, markets nervy over Toyko stepping in
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Prince William and wife Kate thank public for birthday messages for son Louis
Oil falls back after robust EU data as Mideast tensions linger
Date: April 23, 2024
Oil falls back after robust EU data as Mideast tensions linger By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market weighed the potential fallout from any fresh U.S. sanctions on Iran’s oil exports. Global benchmark Brent crude oil futures were...
Stocks gear up for Big Tech earnings; yen sits near danger zone
Date: April 23, 2024
Stocks gear up for Big Tech earnings; yen sits near danger zone By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus on earnings reports from the U.S. megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from...
Italy’s Lavazza launches bid to take machine vendor IVS private
Date: April 23, 2024
Italy’s Lavazza launches bid to take machine vendor IVS private MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a stake in machine vendor IVS for 185 million euros ($197 million) with an eye to eventually gain full control. Lavazza said it would offer...
Japan’s 7-Eleven convenience chain targets aggressive global growth
Date: April 23, 2024
Japan’s 7-Eleven convenience chain targets aggressive global growth TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into Europe, Latin America, the Middle East and Africa. It is aiming to boost the...
Golden Goose’s net revenues up 12% in first quarter
Date: April 23, 2024
Golden Goose’s net revenues up 12% in first quarter MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first quarter while maintaining “strong margins”, as the luxury sneaker maker prepares for a likely initial public offering in Milan. The group, which is majority-owned by...
Sluggish demand and oversupply sap European diesel markets
Date: April 23, 2024
Sluggish demand and oversupply sap European diesel markets By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month contango trading on Monday at its widest since August 2021. Contango is a market structure in which a current contract trades at a...