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Unilever Ditches CEO Schumacher in Surprise Move
FinanceAnalysis-Top Investors Question Diageo's Growth Goals
FinanceRetail Investors Bought Record Amount of Nvidia Stock in DeepSeek Rout
FinanceEuropean Shares Jump to Record High as Tech Jitters Abate
Burberry Shares Rise 13% After Sales Beat Expectations
Date: January 24, 2025
LONDON (Reuters) - Shares in British luxury retailer Burberry soared by more than 13% in opening trade on Friday after its third-quarter sales fell by less than forecast. Comparable store sales fell 4...
No Day-One Tariffs From Trump, but He Says Canada, Mexico May Get Duties Feb 1
Date: January 20, 2025
By David Lawder, Andrea Shalal and Steve Holland WASHINGTON (Reuters) -Donald Trump will issue a broad trade memo on Monday that stops short of immediately imposing new tariffs on his first day in...
Investor Allocations to US Equities at Record High, to Cash at Record Low, BofA Says
Date: December 17, 2024
LONDON (Reuters) – Investor allocations to U.S. equities has hit a record high this month, at the expense of European stocks, commodities and cash, according to a December survey from BofA Global Research. This shift, according to a survey of 171 participants with $420 billion of assets under management, is on the back of U.S....
Stellantis Drops After CEO Tavares Resigns
Date: December 2, 2024
(Reuters) -Shares in Stellantis slumped as much as 8.9% on Monday, hitting their lowest in more than two years, after CEO Carlos Tavares resigned abruptly on Sunday, deepening investors’ worries about the turnaround of the world’s No. 4 carmaker. His exit leaves a void at the top of the company at a time of tumult...
Deutsche Telekom Lifts Profit Target on Growth Across Europe, US
Date: November 14, 2024
By Marleen Kaesebier (Reuters) -Deutsche Telekom on Thursday raised its full-year core profit guidance and reported a slight consensus beat on the metric in the third quarter, as strong momentum in Europe matched that of its U.S. unit T-Mobile. “The growth momentum continues unabated on both sides of the Atlantic,” finance chief Christian Illek said...
Sweden’s Klarna Moves Towards Long-Awaited US IPO With Confidential Filing
Date: November 13, 2024
(Reuters) -Payments firm Klarna began the process of going public for a second time in three years despite a sharp drop in its valuation, making it the largest Swedish company to float its shares in the U.S. since Spotify’s listing in 2018. The buy now, pay later (BNPL) company said on Tuesday it had confidentially...