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Image for UK's PageGroup sees profit slump to $30 million in 2025
Finance

UK's PageGroup sees profit slump to $30 million in 2025

(Reuters) -British recruiter PageGroup forecast on Thursday an annual operating profit of about 22 m...

10th July, 2025

Image for Gerresheimer cuts its 2025 revenue outlook for second time
Finance

Gerresheimer cuts its 2025 revenue outlook for second time

(Reuters) -German packaging and medical equipment maker Gerresheimer cut its revenue guidance for 20...

10th July, 2025

Image for Microsoft racks up over $500 million in AI savings while slashing jobs, Bloomberg News reports
Finance

Microsoft racks up over $500 million in AI savings while slashing jobs, Bloomberg News reports

(Reuters) -Microsoft saved more than $500 million in its call centers alone last year by using artif...

9th July, 2025

Image for Merck to acquire Verona Pharma for $10 billion
Finance

Merck to acquire Verona Pharma for $10 billion

(Reuters) -Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednes...

9th July, 2025

Image for Traton posts slight increase in Q2 deliveries but US tariffs weigh
Finance

Traton posts slight increase in Q2 deliveries but US tariffs weigh

(Reuters) -German truck maker Traton reported on Wednesday a 1% increase in second-quarter deliverie...

9th July, 2025

Image for Ad group WPP cuts outlook after big client losses, shares plunge
Finance

Ad group WPP cuts outlook after big client losses, shares plunge

LONDON (Reuters) -British ad group WPP slashed its profit outlook for the year after trading deterio...

9th July, 2025

Image for Italy's UniCredit doubles equity stake in Germany's Commerzbank to 20%
Finance

Italy's UniCredit doubles equity stake in Germany's Commerzbank to 20%

By Valentina Za, Tom Sims and Emma-Victoria Farr MILAN (Reuters) -UniCredit increased its shareholdi...

8th July, 2025

Image for Portugal has no favourite among 3 airlines interested in airline TAP, says minister
Finance

Portugal has no favourite among 3 airlines interested in airline TAP, says minister

By Sergio Goncalves LISBON (Reuters) -Portugal has no preferred pick among the three major European...

8th July, 2025

Image for Glencore to sell struggling copper refinery to Filipino billionaire, Bloomberg News reports
Finance

Glencore to sell struggling copper refinery to Filipino billionaire, Bloomberg News reports

(Reuters) -Britain's Glencore has agreed to sell its struggling copper refinery in the Philippines t...

8th July, 2025

Image for European spirits makers rise on mooted tariff reprieve
Finance

European spirits makers rise on mooted tariff reprieve

LONDON (Reuters) -European spirits makers rose on Tuesday on expectations that the sector could be s...

8th July, 2025

Image for Exclusive-Next Rio Tinto boss expected to entertain big deals, cut costs, sources say
Finance

Exclusive-Next Rio Tinto boss expected to entertain big deals, cut costs, sources say

By Melanie Burton and Clara Denina MELBOURNE/LONDON (Reuters) -Rio Tinto's new CEO, who could be ann...

8th July, 2025

Image for Austria's OMV sees $141 million profit boost from Borouge-Borealis merger in Q2
Finance

Austria's OMV sees $141 million profit boost from Borouge-Borealis merger in Q2

(Reuters) -Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect o...

8th July, 2025