(Reuters) – The French economy gained momentum in the first quarter, growing slightly faster than expected thanks to a pick-up in consumer spending and business investment, official data publish[...]
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April 30, 2024
China Vanke’s first public commercial REIT close flat on debut
SHANGHAI (Reuters) -China Vanke’s first public commercial real estate investment products closed flat on their debut on Tuesday, reflecting caution towards China’s second-largest developer[...]
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MTU Aero Engines’ Q1 profit rises on Eurofighter orders despite turbofan woes
BERLIN (Reuters) – German engine manufacturer MTU Aero Engines reported higher first-quarter earnings on Tuesday, boosted by orders from the joint European Eurofighter jet project while its turb[...]
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Germany’s Vonovia posts Q1 profit after record annual loss
By Matthias Inverardi and Tom Sims DUESSELDORF, Germany (Reuters) -Vonovia returned to profit in the first quarter, Germany’s largest real estate group reported on Tuesday, despite the sector gr[...]
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Musk lays off Tesla senior executives in fresh job cuts, The Information reports
(Reuters) -Elon Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales and the pace of job cuts so far, The Information reported on Tu[...]
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Production at three Stellantis plants hit by strike to restart in early May
MILAN (Reuters) – Production at three Stellantis assembly plants in Europe will restart in the first days of May, a spokesman said on Tuesday, after the automaker found alternative solutions for[...]
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Air France-KLM reports worse than expected Q1 results as costs soar
By Joanna Plucinska and Diana Mandia LONDON/GDANSK (Reuters) – Airline group Air France-KLM on Tuesday reported a higher than expected first quarter operating loss of 489 million euros ($524.31[...]
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Mercedes-Benz to stay firm on pricing following Q1 profit drop
By Christoph Steitz and Ilona Wissenbach FRANKFURT (Reuters) -Mercedes-Benz on Tuesday vowed to steer clear of entering a discount race, saying it would defend high pricing levels for its luxury cars[...]
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Bank of Japan upbeat on consumption, service price outlook
By Leika Kihara TOKYO (Reuters) – Japanese service prices are rising and bumper pay hikes offered by firms will boost household income later this year, the Bank of Japan said, underscoring its c[...]
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