(Reuters) - Supermarket group Ahold Delhaize expects to grow underlying earnings per share and increase savings over the 2025-2028 period, it said on Thursday, as it plans to boost digitalisation and the use of artificial intelligence (AI).
The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the United States and the Albert Heijn and Delhaize chains in the Netherlands and Belgium, is targeting underlying earnings per... (continue reading...)
JERUSALEM (Reuters) - Israel will reprimand the ambassadors of Ireland, Norway and Spain on Thursday over their governments' plan to recognise a Palestinian state next week, an Israeli official said.
The envoys have been summoned to the Foreign Ministry in Jerusalem, where they will be shown a previously unpublished video of Hamas taking female captives during its Oct. 7 attack on Israel that triggered the Gaza war, the official said.
... (continue reading...)BERLIN (Reuters) - German private sector activity expanded in May for the second consecutive month, driven by strong activity in services, a preliminary survey showed on Thursday.
The HCOB German Flash Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 52.2 in May from 50.6 in April. That was above a Reuters poll forecast of 51.0.
The composite PMI index tracks the services and manufacturing sectors that together... (continue reading...)
(Reuters) - European stocks edged higher on Thursday after strong forecasts from AI darling Nvidia lifted global chipmakers, while investors awaited the latest business surveys to gauge the euro zone economy's outlook and interest rate path.
The pan-European STOXX 600 index was up 0.2%, as of 0711 GMT, with the tech index gaining 1.2% to lead sectoral gains.
Shares of European semiconductor stocks including ASML, Infineon and ASM rose in... (continue reading...)
PARIS (Reuters) - France's private sector unexpectedly shrank in May after expanding in April, with the dominant services industry joining manufacturing in reporting a contraction in activity, a preliminary survey showed on Thursday.
The HCOB flash purchasing managers index for the services sector, compiled by S&P Global, fell to 49.4 from 51.3 the month before, well below the 51.6 forecast in a Reuters poll.
Any figure below 50 marks a... (continue reading...)
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