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Meta releases early versions of its Llama 3 AI model
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Industrials boost STOXX 600 as earnings season rolls in
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Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
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Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss
ABB more confident about 2024 despite China slowdown
Date: April 18, 2024
ABB more confident about 2024 despite China slowdown By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United States and India helping mitigate a big drop in new business from China, the Swiss maker of factory automation and drives said on Thursday. The...
Danone beats first-quarter sales forecasts, keeps 2024 goals
Date: April 18, 2024
Danone beats first-quarter sales forecasts, keeps 2024 goals By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth as the world’s largest yoghurt maker managed to raise prices to cope with higher input costs though at a slower pace than previously. The maker of...
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
Date: April 18, 2024
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown (This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting,...
EU considers bringing emissions removal credits into carbon market
Date: April 17, 2024
EU considers bringing emissions removal credits into carbon market By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carbon market, a move that could reopen the market to carbon credits in future years, a European Commission official said on Wednesday. The EU’s carbon market...
Prince Harry says travel industry must do more for local communities
Date: April 17, 2024
Prince Harry says travel industry must do more for local communities LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in vacation destinations or there would be no tourism business at all in the future. Speaking at the annual general meeting of Travalyst, an initiative...
Navigation firm TomTom posts operating loss as auto sales slow
Date: April 17, 2024
Navigation firm TomTom posts operating loss as auto sales slow By Gaelle Sheehan and Mathias de Rozario (Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-expected loss in the first quarter, hit by slower car sales and higher investments in AI and automated driving, it said on Wednesday. Its shares fell 12.5% to...