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Beauty group Puig’s first-half profit up 79% as it tackles US tariffs

MADRID (Reuters) -Spanish beauty company Puig, known for its perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, said on Tuesday its first-half profit rose 79% to 275 million euros ($322 million) as sales increased in anticipation of higher U.S. tariffs. Puig said that ...
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Dutch probe Snapchat over alleged failure to tackle vape sellers

AMSTERDAM (Reuters) -Dutch consumer rights watchdog ACM said on Tuesday it had opened an investigation into social media platform Snapchat, over possible failures to protect minors from illegal sellers of vapes. Snapchat’s owner Snap Inc did not immediately reply to a request for comment. The ACM ...
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Ben & Jerry’s crashes Unilever’s ice cream investor party

By Alexander Marrow and Dimitri Rhodes LONDON (Reuters) – Ben & Jerry’s seized the spotlight on Unilever’s ice cream unit on Tuesday to renew a call for its own spin-off ahead of a planned listing of the business in November ...
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Judge approves Vanguard’s revised settlement over mutual fund tax bills

By Jonathan Stempel (Reuters) -A federal judge approved Vanguard Group’s $25 million settlement of a lawsuit accusing the U.S. mutual fund company of improperly saddling investors in its target-date funds with inflated tax bills. U.S. District Judge John Murphy in Philadelphia granted preliminary approval on Monday, ...
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Instant View: US payrolls growth through March revised sharply lower

NEW YORK (Reuters) – The U.S. economy likely created 911,000 fewer jobs in the 12 months through March than previously estimated, the government said on Tuesday, suggesting job growth was already stalling before President Donald Trump’s aggressive tariffs on imports. Economists ...
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Instant View: Oil spikes, gold touches fresh record after Israel strikes in Qatar

LONDON (Reuters) – Investors snapped up traditional safe-haven assets on Tuesday, sending gold briefly to a new record high, after the Israeli military said it carried out an attack on Hamas leadership in Qatar, marking an escalation of the conflict ...
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Boeing steps up jet deliveries, surpassing 2024 total by August

SEATTLE (Reuters) -Boeing said on Tuesday that it delivered 57 jets in August, up from 48 in July. It was the highest number of deliveries in August since 2018, when the U.S. planemaker handed over 64 airliners. By August 31, the company had delivered 385 ...
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Norfolk Southern to give Amtrak trains priority over freight, US Justice Dept says

(Reuters) – The U.S. Justice Department said on Tuesday it has moved to dismiss a lawsuit against Norfolk Southern after it agreed to give all Amtrak passenger trains the “highest priority” over freight trains. The settlement with Norfolk Southern Corp and ...
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US economy added 911,000 fewer jobs than previously reported

(NEW YORK) -- U.S. employers added far fewer jobs in 2024 and early 2025 than previously thought, indicating the labor market may have been significantly weaker than initial estimates had suggested.The U.S. economy added 911,000 fewer jobs over the 12 months ending in March ...
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Klarna set to price much-awaited US IPO in boost to fintech listings

By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Swedish buy-now, pay-later lender Klarna is set to price its long-awaited U.S. IPO later on Tuesday, setting the stage for a market debut closely watched as a bellwether for high-growth fintech listings. Klarna is headlining a string of ...
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Sabadell CEO expects BBVA to improve its offer for the bank

MADRID (Reuters) – Sabadell Chief Executive Cesar Gonzalez-Bueno expects BBVA to submit a higher offer for his bank, he said on Tuesday, adding that its Spanish competitor’s hostile takeover bid undervalues the lender. His comments came after BBVA on Monday formally ...
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Incoming Kering CEO de Meo: Fixing group requires ‘clear and strong’ decisions

PARIS -Incoming Kering chief executive Luca de Meo told a shareholder meeting on Tuesday he would bring the struggling luxury group back on track, which will include taking “clear and strong” decisions that won’t be easy.  “We will get the group back to the place ...
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