financial management

Image for Morning Bid: Markets shaken, not stirred by Trump's tariffs
Finance

Morning Bid: Markets shaken, not stirred by Trump's tariffs

A look at the day ahead in European and global markets from Rae Wee There have been growing signs th...

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 Australia's competition watchdog to not fight potential Lactalis bid for Fonterra assets
Finance

Australia's competition watchdog to not fight potential Lactalis bid for Fonterra assets

(Reuters) -Australia's competition watchdog said on Thursday that it will not oppose Lactalis' propo...

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 Porsche expects $351 million tariff hit for April and May
Finance

Porsche expects $351 million tariff hit for April and May

FRANKFURT (Reuters) -Porsche expects a 300 million euro ($351 million) hit to results as a consequen...

9th July, 2025

Image for Merz urges France to stick to deal on joint fighter jet project
Headlines

Merz urges France to stick to deal on joint fighter jet project

BERLIN (Reuters) -German Chancellor Friedrich Merz said on Wednesday France and Germany should stick...

9th July, 2025

Image for Factbox-Major deals involving U.S. drugmakers and biotechs over the past decade
Headlines

Factbox-Major deals involving U.S. drugmakers and biotechs over the past decade

(Reuters) -Merck is acquiring UK-based Verona Pharma for about $10 billion, as part of the U.S. drug...

9th July, 2025

Image for Automakers push EV sales as $7,500 US tax credit is set to end
Headlines

Automakers push EV sales as $7,500 US tax credit is set to end

By Nora Eckert and Abhirup Roy DETROIT (Reuters) -Automakers are urging customers to snap up electri...

9th July, 2025

Image for UK's Close Brothers to revamp premium finance, shares drop 7%
Finance

UK's Close Brothers to revamp premium finance, shares drop 7%

(Reuters) -British lender Close Brothers said on Wednesday it would streamline its premium finance d...

9th July, 2025

Image for Advertising sales at Berlusconi-backed MFE flat in first half, CEO says
Finance

Advertising sales at Berlusconi-backed MFE flat in first half, CEO says

MILAN (Reuters) -Advertising sales at MFE-MediaforEurope, the TV group controlled by Italy's Berlusc...

9th July, 2025

Image for No economic grounds for Polish energy firms to spin-off coal assets, minister says
Finance

No economic grounds for Polish energy firms to spin-off coal assets, minister says

WARSAW (Reuters) -Polish State Assets Minister Jakub Jaworowski said on Wednesday a government analy...

9th July, 2025

Image for Spain's Sanchez offers new measures to root out corruption to placate allies
Headlines

Spain's Sanchez offers new measures to root out corruption to placate allies

MADRID (Reuters) -Spanish Prime Minister Pedro Sanchez unveiled a plan to root out corruption on Wed...

9th July, 2025