Category Archives:
PayPal tells Australia it supports buy-now-pay-later regulation
By Byron Kaye SYDNEY (Reuters) - Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian government, add...
Feb 16, 2023
Atos flags talks with Airbus after offer for minority share in Evidian
PARIS (Reuters) - French IT group Atos said on Thursday it had received an indicative offer from Airbus for Atos' minority stake of 29.9% in Evidian, adding that its board had decided to continue talk...
Feb 16, 2023
Australia’s NSW state orders coal miners to supply local plants
MELBOURNE (Reuters) - Australian coal miners including Glencore must set aside thousands of tonnes of coal for use by domestic power generators for a period of 15 months under the New South Wales stat...
Feb 16, 2023
Pernod Ricard confident over FY2023 as first-half profit trounces estimate
By Dominique Vidalon PARIS (Reuters) -Pernod Ricard on Thursday forecast its annual sales growth to remain dynamic after the company posted forecast-beating first-half profit and sales, helped by pric...
Feb 16, 2023
Orange’s Q4 results meets expectations, sets new 2025 targets
By Mathieu Rosemain PARIS (Reuters) -French telecom major Orange on Thursday posted higher fourth-quarter core operating profit that was in line with expectations, as strong sales in Africa and the Mi...
Feb 16, 2023
Nestle full year profit misses forecasts despite price increases
ZURICH (Reuters) -Nestle reported weaker than expected full year net profit despite the world's biggest food group passing on higher raw material costs by hiking prices for customers. The maker of the...
Feb 16, 2023
Sri Lanka hikes power prices by 66% hoping to gain IMF support
COLOMBO (Reuters) - Sri Lanka increased electricity prices by 66% on Thursday, in a move that the government hoped would persuade the International Monetary Fund to provide urgent support for its cris...
Feb 16, 2023
Commerzbank Q4 net profit up 12%, better than expected
FRANKFURT (Reuters) - Germany's Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth quarter, helped by higher interest rates and capping a second consecutive yea...
Feb 16, 2023
Renault offers dividend on ‘thoroughly cleaned fundamentals’ despite 2022 loss on Russia exit
By Gilles Guillaume BOULOGNE-BILLANCOURT, France (Reuters) -French carmaker Renault offered a dividend for the first time in four years and saw a strong increase in its operating margin despite swingi...
Feb 16, 2023
Russian government approves sale of IKEA factories – deputy minister
MOSCOW (Reuters) - A Russian government commission has approved the sale of Swedish furniture maker IKEA's three factories in Russia to two local buyers, paving the way for a deal to be struck, a gove...
Feb 16, 2023
Peoria, IL, USA
43 °F Heavy Rain, Mist
