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UK Economy Grew by Better-Than-Expected 0.5% in Three Months to February
Middle East War Hangs Over Europe Inc as Earnings Season Kicks Off
HeadlinesUK Proposal to Charge Tourists to Visit Museums Sparks Backlash Amid Restitution Demands
Voucher Firm Pluxee Lags Revenue Estimates as Brazil Regulation Hit Looms
Gucci-Owner Kering Pledges to Double Profit Margin From Current Level
Date: April 16, 2026
PARIS, April 16 (Reuters) - Gucci-owner Kering pledged on Thursday to double its recurring operating profit margin from 11.1% last year over the medium-term as it unveiled a new strategic plan aimed...
Pernod Ricard Warns Iran War to Hit Full-Year Sales Despite Q3 Rebound
Date: April 16, 2026
PARIS, April 16 (Reuters) - Pernod Ricard, which is in talks to merge with U.S. rival Brown-Forman, reported a stronger-than-expected 0.1% rise in sales for the third quarter but warned the decline in...
Barry Callebaut Eyes Volume Rebound After Half-Year Decline
Date: April 16, 2026
April 16 (Reuters) - Barry Callebaut sold less of its cocoa products in the first half of its financial year, citing weak demand and market overcapacity, but raised its full-year volume outlook in a...
Ukraine Says It Downs 31 Missiles, 636 Drones in Russian Attacks Over Past 24 Hours
Date: April 16, 2026
April 16 (Reuters) - Ukraine's air force downed or neutralised 31 Russian missiles and 636 drones in attacks at the country over the past 24 hours, it said on Thursday. "During this period, the enemy...
ECB Must Be Patient, Even if Adverse Scenario May Be Materialising: Policymaker
Date: April 16, 2026
By Balazs Koranyi WASHINGTON, April 16 (Reuters) - The euro zone economy may be moving towards the European Central Bank's adverse scenario but policymakers need to remain patient and not rush any...
How Surging Bond Yields Add to Europe's Fiscal Headaches
Date: April 16, 2026
By Harry Robertson LONDON, April 16 (Reuters) - European bond yields have jumped during the U.S.-Israeli war on Iran, pushing up government borrowing costs and adding to the pressure on the...