Finance

Euro bulls wince as US-EU trade deal slams the brakes on rally

Euro bulls wince as US-EU trade deal slams the brakes on rally

By Alun John, Yoruk Bahceli and Nell Mackenzie LONDON (Reuters) -Euro bulls are facing the first big test of their conviction in the form of the European Union’s U.S. trade deal, which has ...

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Copper, Iron Ore Fall After China Politburo Readout Underwhelms

Copper, Iron Ore Fall After China Politburo Readout Underwhelms

(Bloomberg) — Copper edged lower along with iron ore, after a policy readout from a top Chinese leadership meeting underwhelmed investors. Most Read from Bloomberg China vowed to implement f...

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Panasonic’s battery-making energy unit books 47% y/y growth in Q1 profit

Panasonic’s battery-making energy unit books 47% y/y growth in Q1 profit

TOKYO (Reuters) -Panasonic on Wednesday said operating profit at its battery-making energy unit grew strongly in the first-quarter due to the AI investment boom, offsetting negative impact from U...

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Spain’s HBX trims full-year guidance on trade uncertainty, weaker dollar

Spain’s HBX trims full-year guidance on trade uncertainty, weaker dollar

(Reuters) -Spanish travel technology firm HBX Group said on Wednesday it was revising its full-year guidance as a result of the macroeconomic backdrop and a weaker U.S. dollar. The company downgr...

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Hermes sales rise, with U.S. prices rising 5% more than elsewhere

Hermes sales rise, with U.S. prices rising 5% more than elsewhere

PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales, showing the continued appetite from rich shoppers for its coveted, $10,000 handbags. The company said i...

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