German, French 2023 quarterly power contracts set highs in nervous market

Electricity transmission pylons can be seen near TGV high-speed train tracks in Villebon-sur-Yvette, near Paris, France, August 1, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register German Q2, 2023, Q3, 2023 and French Q3, 2023 at records Weather, gas and French nuclear factors cited Hot weather curbs cooling water, hampers barge … Read more

Thomson Reuters raises sales outlook on core business strength in slowing economy

The Thomson Reuters logo is seen on the company building in Times Square, New York, US, January 30, 2018. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 4 (Reuters) – Thomson Reuters Corp (TRI.TO) reported higher second-quarter operating profit on Thursday and raised its full-year revenue forecast, citing … Read more

As the US eyes new China chip curbs, turmoil looms for the global market

Any US export block may affect global chip supply – analysts Move would hinder Samsung, SK Hynix upgrading China plants Samsung, SK Hynix together supply over 50% of global NAND chips Curbs could change where future chip plants are built -analyst SEOUL, Aug 3 (Reuters) – Export restrictions being considered by Washington to halt China’s … Read more

BA halts short-haul ticket sales until Aug. 8

LONDON, Aug 2 (Reuters) – British Airways has halted ticket sales on short-haul flights from Heathrow until August 8 following the London airport’s decision to cap capacity and tackle widespread disruption and cancellations. The IAG (ICAG.L)-owned airline said the sales suspension on domestic and European destinations was designed to allow existing customers to rebook flights … Read more

Analysis: World’s biggest bond markets back in vogue as recession fears mount

Global indices are displayed on a screen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 19, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, July 29 (Reuters) – One day you’re out and the next day you’re in: the world’s … Read more

Ray-Ban maker EssilorLuxottica sees Americas sales growth slow

Ray-Ban sunglasses are pictured for sale in a Sunglass Hut, both brands owned by EssilorLuxottica SA, in Manhattan, New York City, US, November 30, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register H1 operating margin up 100 basis points to 18.4% Comparable revenue up 7% to 6.39 bln euros Sales growth … Read more

Gartner forecasts chip sales growth to slow down in 2022, fall next year

A Renesas Electronics Corp’s chip is pictured at the company’s office in Tokyo, March 21, 2013. REUTERS/Yuya Shino/File Photo Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, July 27 (Reuters) – IT research firm Gartner said on Wednesday it expects global semiconductor sales growth to slow down in 2022 and fall 2.5% next … Read more

Analysis: Food delivery companies revamp for cost-of-living crunch

AMSTERDAM/NEW YORK, July 25 (Reuters) – When food delivery service Grubhub struck a deal with Amazon (AMZN.O) earlier this month, offering Prime customers a year’s free delivery, shares in rivals slumped. The deal, a lifeline for Grubhub that will increase pressure on its competitors, was the latest example of a meal delivery company taking action … Read more

Flow Traders’ ‘black-box’ business weighs on results, shares

Launches new share buyback program of up to 25 million euros Expect fixed operating expenses to grow by about 25% this year Guidance reflects some higher base salaries, strong US dollar Adjusts profit-sharing percentage to 32.5% of operating result July 22 (Reuters) – Shares in Flow Traders (FLOW.AS) tumbled on Friday after the Dutch trading … Read more

Euro zone business activity contracted in July as price rises bite -PMI

A symphony of light illuminates the south facade of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 30, 2021. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register LONDON, July 22 (Reuters) – Euro zone business activity unexpectedly contracted this month due to an accelerating downturn in manufacturing and a near-stalling … Read more