financial management

Image for LVMH touts good start to 2025 but Q4 results underwhelm
Finance

LVMH touts good start to 2025 but Q4 results underwhelm

PARIS (Reuters) - Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quart...

28th January, 2025

Image for Russian state 'military' bank in talks to buy electronics giant, newspapers say
Headlines

Russian state 'military' bank in talks to buy electronics giant, newspapers say

By Alexander Marrow (Reuters) - A state-owned Russian bank linked to the defence sector is in talks...

28th January, 2025

Image for Trump's funding freeze triggers worry, Democrats say it hits Medicaid program
Headlines

Trump's funding freeze triggers worry, Democrats say it hits Medicaid program

By Steve Holland and David Morgan WASHINGTON (Reuters) - Donald Trump's White House ordered a pause...

28th January, 2025

Image for GM results aren't enough for investors, shares skid 9% on tariff worries
Finance

GM results aren't enough for investors, shares skid 9% on tariff worries

By Kalea Hall DETROIT (Reuters) - General Motors on Tuesday posted fourth-quarter 2024 results and a...

28th January, 2025

Image for British insurer Phoenix's Standard Life CEO to retire in 2025
Finance

British insurer Phoenix's Standard Life CEO to retire in 2025

(Reuters) - British insurer Phoenix Group said on Tuesday that Andy Curran, the CEO of Standard Life...

28th January, 2025

Image for Boeing stock rallies on plane progress despite $11.8-billion annual loss
Finance

Boeing stock rallies on plane progress despite $11.8-billion annual loss

(Reuters) -Boeing on Tuesday reported an annual loss of $11.83 billion, its largest since 2020, as i...

28th January, 2025

Image for Pets at Home revenue edges lower on weak demand for products
Finance

Pets at Home revenue edges lower on weak demand for products

(Reuters) -Britain's Pets at Home Group said on Tuesday its third-quarter revenue fell slightly from...

28th January, 2025

Image for UK retailer Wickes soars 12% after upbeat profit forecast
Finance

UK retailer Wickes soars 12% after upbeat profit forecast

(Reuters) -British home improvement retailer Wickes on Tuesday forecast 2024 profit would be at the...

28th January, 2025

Image for HSBC plans biggest investment banking retrenchment in decades
Finance

HSBC plans biggest investment banking retrenchment in decades

LONDON (Reuters) -HSBC is preparing to wind down its M&A and equity capital markets businesses in Eu...

28th January, 2025

Image for UK shop prices fall less quickly as retailers eye cost pressures, BRC says
Finance

UK shop prices fall less quickly as retailers eye cost pressures, BRC says

LONDON (Reuters) - Prices in British shops fell a bit less sharply in January than in December and f...

28th January, 2025

Image for UK's Starmer seeks to reassure business on commitment to generating growth
Headlines

UK's Starmer seeks to reassure business on commitment to generating growth

By Andrew MacAskill LONDON (Reuters) - British Prime Minister Keir Starmer and finance minister Rach...

28th January, 2025

Image for Russia's air attacks spark fire in Ukraine's Kharkiv, mayor says
Headlines

Russia's air attacks spark fire in Ukraine's Kharkiv, mayor says

KYIV (Reuters) - An overnight Russian air attack set a private business on fire in Kharkiv, the mayo...

27th January, 2025