Author Archives: Syndicated Content
UK economy grows by 0.2% in January
LONDON (Reuters) -Britain's economic output grew by an as expected 0.2% in January, after entering a shallow recession in the second half of 2023, figures from the Office for National Statistics showe...
Mar 13, 2024
Analysis-Property titans seek clues in Cannes for market turnaround
By Iain Withers CANNES, France (Reuters) - The global real estate industry is scrabbling around for reasons to be optimistic in the grip of its biggest crash in more than a decade, with developers and...
Mar 13, 2024
US firms keen to diversify supply chains, 'supercharge' Thai investments, says US commerce secretary
BANGKOK (Reuters) - Thailand is a top priority for U.S. multinational firms looking to diversify supply chains, and they are ready to "supercharge" investments into the country, U.S. Commerce Secretar...
Mar 13, 2024
Zalando expects GMV to grow 0%-5% in 2024
(Reuters) - German online fashion retailer Zalando said on Wednesday it expects to return to growth in 2024, after reporting full-year decline in sales, in line with its own forecast range. It forecas...
Mar 13, 2024
BNP Paribas announces more cost cuts after weak fourth quarter
PARIS (Reuters) -BNP Paribas, France's largest bank, on Wednesday said it will step up its 2022-2025 cost-cutting plan after it reported weak results for the fourth quarter last month. The bank intend...
Mar 13, 2024
Analysis-HelloFresh investors struggle to swallow strategy revamp
By Andrey Sychev, Paolo Laudani and Marleen Kaesebier GDANSK (Reuters) - HelloFresh needs to cut costs and stem an exodus of meal-kit subscribers to boost profits and revive its share price, according...
Mar 13, 2024
China cbank adviser calls for structural reform to spur 2024 growth
BEIJING (Reuters) - China should rely more on structural reforms and less on economic stimulus to drive economic growth this year, Liu Shijin, a policy adviser to the central bank, said on Wednesday. ...
Mar 13, 2024
Adidas warns of 2024 sales decline in overstocked North America market
HERZOGENAURACH, GERMANY (Reuters) -German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America this year, blaming a still overstocked market there, as the compa...
Mar 13, 2024
Merck to test single-dose regimen of HPV vaccine Gardasil 9
(Reuters) - Merck & Co said on Wednesday it plans to conduct clinical trials testing its human papillomavirus (HPV) vaccine Gardasil 9 to evaluate the efficacy and safety of a single-dose regimen comp...
Mar 13, 2024
Analysis-In Japan, rate rises herald a new era for financial markets
By Tom Westbrook SINGAPORE (Reuters) - Barely weeks after Japanese stocks broke three-decade highs, the country's financial markets are hurtling toward another phenomenon not seen for the best part of...
Mar 13, 2024
