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08 Feb

Coty cancels IPO plans for Brazil unit

CoverGirl cosmetics maker Coty Inc said on Tuesday it would withdraw from the planned initial public offering of its Brazilian unit, blaming adverse financial market conditions in the South American country.

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08 Feb

Exclusive-EQT readies $3.4 billion sale of French water services firm Saur - sources

European buyout firm EQT is working with advisers to prepare the sale of French water management firm Saur in a deal that could value France's third-biggest water firm at about 3 billion euros ($3.43 billion), people familiar with the matter told Reuters.

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08 Feb

Volvo Cars to invest $1.1 billion in Swedish manufacturing plant over coming years

Volvo Cars will invest 10 billion Swedish crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next few years, it said on Tuesday.

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08 Feb

Market review and forecast for February 8

EUR/USD The euro continues to move in an uptrend. The daily price action figure confirms the upside potential.

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08 Feb

Beauty revival seen boosting end-of-year sales at L'Oreal

The world's largest cosmetic group L’Oreal is expected to report brisk fourth-quarter sales on Wednesday after pandemic-weary consumers emerged from lockdowns to splash out on beauty products.

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08 Feb

Volvo Cars to invest $1.1 billion in Swedish plant for switch to EVs

STOCKHOLM (Reuters) -Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next few years to prepare for production of fully electric cars, it said on Tuesday.

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08 Feb

Explainer-What the BOJ can do about rising Japanese bond yields

As Japan's long-term interest rates rise, investors are wondering at what point the central bank will step in to defend its 0% target for the 10-year yield as part of an ultra-easy monetary policy.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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