Category Archives:
Beiersdorf raises 2023 sales guidance on strong 9-month results
BERLIN (Reuters) -Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 11.2% hike in organic group sales in the first nine months, driven by its consumer business ...
Oct 25, 2023
Porsche reports 18.3% operating return in first nine months, confirms forecast
BERLIN (Reuters) - Porsche AG reported an operating return on sales of 18.3% in its first nine months on Wednesday, in line with its annual forecast, with operating profit up 9% to 5.5 billion euros (...
Oct 25, 2023
China’s new bonds to help economic recovery, official says, as budget deficit rises
BEIJING (Reuters) - China's new sovereign bonds will help bolster the economic recovery, China's vice finance minister Zhu Zhongming said on Wednesday, as the government's stepped-up fiscal stimulus s...
Oct 25, 2023
OVH sees lower-than-expected revenue growth in 2024
(Reuters) - French cloud services provider OVHcloud said on Wednesday it expects lower organic growth in the next fiscal year as it warned of uncertain macroeconomic conditions. The company sees its r...
Oct 25, 2023
French payment company Worldline reports 4.8% rise in Q3 revenue
(Reuters) - French payment company Worldline on Wednesday reported an organic growth of 4.8% in third-quarter revenue, boosted by its merchant services segment, which grew organically by 7.6%. The dig...
Oct 25, 2023
Dassault Systemes lifts 2023 EPS target
(Reuters) - French software maker Dassault Systemes lifted its 2023 outlook for earnings per share (EPS) on Wednesday, after its third-quarter revenue grew faster than it had projected. It raised full...
Oct 25, 2023
Amazon Web Services to launch European sovereign cloud
STOCKHOLM (Reuters) - Amazon Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries. The sovereign cloud will store...
Oct 25, 2023
BoE likely to keep high rates on hold even as signs of slowdown mount
By William Schomberg LONDON (Reuters) - The Bank of England looks set to keep interest rates on hold next week but also stress that it is far from relaxing its fight against Britain's high inflation r...
Oct 25, 2023
Zara owner Inditex invests in US polyester recycling start-up
By Corina Pons and Helen Reid MADRID/LONDON (Reuters) - Zara owner Inditex, the world's biggest clothing retailer, has agreed to invest in and buy recycled polyester from U.S. start-up Ambercycle, acc...
Oct 25, 2023
Australian court finds Carnival misled about cruise’s COVID risks in landmark ruling
SYDNEY (Reuters) - Carnival Corp's Australian unit has been ordered to pay the medical expenses of a woman who contracted COVID-19, with a judge ruling that the cruise ship operator misled passengers ...
Oct 24, 2023
Peoria, IL, USA
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