Schindler lifts 2023 outlook on strong services business

Schindler lifts 2023 outlook on strong services business

Logo of Swiss manufacturer Schindler is seen at an elevator in Zurich, Switzerland February 17, 2021. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights Expects 2023 net profit at 880 mln-910 mln francs Expects 2023 revenue growth of 6%-8% Shares seen up 1.4% in Julius Baer pre-market Q3 net profit at 228 mln francs Oct 19 (Reuters) … Read more

US broadly eases Venezuela oil sanctions after election deal

US broadly eases Venezuela oil sanctions after election deal

Venezuela’s President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo Acquire Licensing Rights WASHINGTON, Oct 18 (Reuters) – The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached between the … Read more

Dollar, yields rise, stocks fall after US consumer price data

Dollar, yields rise, stocks fall after US consumer price data

[1/3]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights U.S. stocks end lower as yields rise Dollar index jumps; U.S. oil prices down Middle East troubles remain in focus NEW YORK, Oct 12 (Reuters) – U.S. Treasury yields … Read more

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

Gas pipeline, telecoms cable connect Finland and Estonia Cause of the damage, and who did it, unclear – Finnish PM No threat to energy safety, telecommunications – Finnish PM European gas prices rise on the news HELSINKI, Oct 10 (Reuters) – A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the … Read more

Europe’s Luxury stocks at risk of going out of style

Europe’s Luxury stocks at risk of going out of style

[1/3]A Louis Vuitton logo is seen outside a store on the Champs-Elysees avenue in Paris, France, June 27, 2023. REUTERS/Stephanie Lecocq/File Photo Acquire Licensing Rights LONDON/PARIS, Oct 9 (Reuters) – Europe’s luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of a Chinese … Read more

Morning Bid: Shutdown, oil, auctions and China rankle

Morning Bid: Shutdown, oil, auctions and China rankle

The U.S. Capitol Building is seen in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets by Mike Dolan After the worst week since March on Wall St, three issues keep the pressure – a possible U.S. government shutdown at the end … Read more

US government shutdown: What is it and who would be affected?

US government shutdown: What is it and who would be affected?

Sept 22 (Reuters) – U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job, but without pay. Many government agencies have not updated shutdown plans they have prepared … Read more

Stocks wilt, dollar marches higher as central banks spring surprises

Stocks wilt, dollar marches higher as central banks spring surprises

[1/2]A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert Acquire Licensing Rights World stocks on longest losing streak since March Dollar highest since March Swiss franc tumbles on surprise SNB rate hold Fed signals another hike possible Traders see close Bank of England call later LONDON, Sept 21 … Read more

Trawler’s attempt fails to free grounded cruise ship in Greenland

Trawler’s attempt fails to free grounded cruise ship in Greenland

View of the Ocean Explorer, a luxury cruise ship carrying 206 people that ran aground, in Alpefjord, Greenland, September 12, 2023. Danish Air Force/Arctic Command/Handout via REUTERS Acquire Licensing Rights HELSINKI, Sept 13 (Reuters) – A fish trawler’s attempt to free a luxury cruise ship that ran aground two days ago in a remote part … Read more

Exclusive: Sweden’s Embracer weighs options for Borderlands maker Gearbox Entertainment –sources

Exclusive: Sweden’s Embracer weighs options for Borderlands maker Gearbox Entertainment –sources

LONDON, Sept 11 (Reuters) – Embracer (EMBRACb.ST) is considering options for its U.S. game developer Gearbox Entertainment including a sale as Europe’s largest gaming company looks to shore up its finances, three people familiar with the matter told Reuters. The maker of a new Tomb Raider video game, whose shares are traded in Stockholm, is … Read more