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Headlines
Thursday, 26 April
U.S. business spending on equipment slowing; job market strong
2h ago - WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly fell in March, weighed down by the biggest drop in demand for machinery in nearly two years, and a decline in shipments suggested business spending on equipment slowed in the first quarter.
Deutsche Bank calls time on Wall Street in retreat to Europe
1h 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.
Costa Coffee break brewing after Whitbread investors stir
5h 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.
Oil rises as concern heats up over Iran sanctions, Venezuelan output
1h ago - LONDON (Reuters) - Oil rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and continuing strong demand.
Lufthansa's M&A appetite curbs quarterly profit growth
4h 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
4h 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.
Biosimilar worries takes shine off Roche's guidance hike
4h 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.
Domino's says online orders, festive trading boost sales
8h 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.
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