Continental bets on higher pricing as tyre replacement flat
(Reuters) -Continental lowered its sales outlook for its tyres segment on Wednesday but kept its margin outlook unchanged as higher…
European shares rebound as Italy eases stance on bank levy
(Reuters) – European shares rose on Wednesday, with Italian lenders rebounding from sharp losses in the previous session after the…
Exclusive-Snapchat under scrutiny from UK watchdog over underage users -sources
(Reuters) -Britain’s data regulator is gathering information on Snapchat to establish whether the U.S. instant messaging app is doing enough…
Goldman Sachs’ Rogers to step back from chief of staff role-memo
(Reuters) – John Rogers (NYSE:ROG), an influential Goldman Sachs (NYSE:GS) executive, will step back from his role as chief of…
Under Armour posts surprise profit on easing cost pressures
(Reuters) – Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday, as cost pressures eased and…
Oil prices fall sharply after weak Chinese trade data
Crude oil prices fell Tuesday after weak trade data from China pointed to a sluggish post-COVID rebound for the world’s…
Apple and Samsung to invest in Arm’s September IPO, according to report
Nikkei Asia reported Tuesday that Arm, SoftBank Group’s (TYO:9984) chip design unit, is planning its initial public offering on the…
Dollar rallies; Aussie, kiwi tumble after Chinese trade data
(Reuters) – The U.S. dollar strengthened on Tuesday after another disappointing set of Chinese trade figures hurt the yuan, the…
Safe-haven dollar gains on weak Chinese trade data
The U.S. dollar traded higher in early European trade Tuesday, with risk sentiment hit as disappointing Chinese trade data pointed…
Analysis-Fed decoupling boosts emerging market stocks, cools currencies
(Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global…