A look at the day ahead in U.S. and global markets from Mike Dolan. Running market assumptions of a Republican…
Italy economy minister promises fiscal prudence, lower debt
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy aims to follow a cautious fiscal policy in order to…
German economy ministry wants to skim electricity windfall profit from November – draft paper
BERLIN (Reuters) – Germany’s economy ministry wants to begin skimming off electricity providers’ windfall profits retroactively from November, according to…
Europe’s retailers strive to keep prices low to win struggling shoppers
By Richa Naidu LONDON (Reuters) – Some European retailers this week forecast or reported better full-year sales after working to…
Nissan lifts profit forecast, but Renault uncertainty remains
By Satoshi Sugiyama TOKYO (Reuters) -Japan’s Nissan Motor Co lifted its full-year profit forecast on Wednesday, buoyed by higher-margin sales…
Chipmaker TSMC plans Arizona factory expansion
By Shivani Tanna and RISHABH JAISWAL (Reuters) – TSMC, the world’s largest contract chipmaker and a major supplier to Apple…
E.ON, regulator in discussions over German grid returns – CFO
FRANKFURT (Reuters) – E.ON, Europe’s largest operator of energy networks, is in talks with German regulators over how soaring inflation…
Credit Suisse announces new head of product within asset management division
ZURICH (Reuters) – Credit Suisse on Wednesday named Scott Ebner as the new head of product within the bank’s asset…
Siemens Healthineers aims for $300 million in savings
By Alexander Huebner ERLANGEN, Germany (Reuters) -Siemens Healthineers will restructure its diagnostics division to save around 300 million euros ($302…
Commerzbank profit drops; shares tumble as 2024 forecasts disappoint
By Tom Sims and Marta Orosz FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its net profit fell by 52% in…