Klarna cuts revenue outlook as European retail slowdown hits

Klarna has slashed its full-year revenue and sales volume forecasts as weaker consumer spending across Europe, particularly in Germany, weighs on the company. The payments firm now expects revenue of between $4.08bn (£3.02bn) and $4.16bn for 2026, down from its previous forecast of more than $4.34bn. Klarna also lowered its gross merchandise volume (GMV) outlook...