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Headlines
Thursday, 26 April
U.S. business spending on equipment cooling; labor market strong
1h ago - WASHINGTON (Reuters) - New orders for key U.S.-made capital goods fell in March, weighed down by the biggest decline in demand for machinery in nearly two years, and a drop in shipments cemented expectations that business spending on equipment slowed in the first quarter.
Oil prices mixed but little changed as sanctions loom
21m ago - NEW YORK (Reuters) - Oil prices were mixed on Thursday as the market weighed up the risk of renewed U.S. sanctions on Iran and plunging Venezuelan output against a backdrop of strong demand, above all in Asia, the world's biggest oil-consuming region.
Costa Coffee break brewing after Whitbread investors stir
7h ago - LONDON (Reuters) - Costa Coffee will be spun off after parent Whitbread yielded to pressure from hedge funds who argued it was being held back by being grouped with the Premier Inn hotel chain.
Deutsche Bank calls time on Wall Street in retreat to Europe
2h ago - FRANKFURT (Reuters) - Deutsche Bank moved to end its nightmare on Wall Street on Thursday as its new chief executive Christian Sewing called time on three expensive decades struggling to become a global investment bank with a retreat to Europe.
Lufthansa's M&A appetite curbs quarterly profit growth
5h ago - BERLIN (Reuters) - Germany's Lufthansa reported slower than expected profit growth in the first three months of the year, held back by costs of expanding its Eurowings budget carrier amid a wave of consolidation among Europe's short-haul airlines.
New CEO declares Volkswagen on right path despite profit hit
5h ago - BERLIN (Reuters) - Volkswagen's first-quarter operating profit fell on Thursday, but optimism over its new chief executive, the carmaker's financial health and lower provisions for the diesel emissions scandal lifted its shares.
Domino's says online orders, festive trading boost sales
9h ago - (Reuters) - Britain's biggest pizza delivery firm Domino's Pizza Group said first-quarter sales rose 18.3 percent as strong trading around the New Year and Easter, and online orders helped offset the impact of unusually colder weather.
Biosimilar worries takes shine off Roche's guidance hike
5h ago - ZURICH (Reuters) - Cheaper copies of Roche's Rituxan toppled the blood cancer drug from its perch as the Swiss company's top seller in the first quarter, unsettling some investors despite a stronger-than-expected performance from new medicines.
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