Category Archives:
ITV sees 9-month ad revenue flat, before World Cup boost
LONDON (Reuters) - Britain's ITV said on Thursday it expected total advertising revenue for the nine months to be flat, before it enjoys a pick up from the soccer World Cup at the end of the year. The...
Jul 28, 2022
Barclays reports first half profit slumps on conduct charges
By Lawrence White LONDON (Reuters) - Barclays reported first half profit fell more than expected due to a huge 1.9 billion pound hit for regulatory misteps mostly from covering the costs of having to ...
Jul 28, 2022
Britain’s BT returns to revenue growth, reaffirms guidance
LONDON (Reuters) -BT Group met market expectations on Thursday with a 1% increase in first-quarter revenue, helped by price rises and improved trading in its consumer division and Openreach networks. ...
Jul 28, 2022
British defence firm BAE names new chair as results top estimates
LONDON (Reuters) -BAE Systems, Britain's biggest defence company, named Cressida Hogg as its next chair on Thursday, as it reported stronger-than-expected half-year results and announced a new share b...
Jul 28, 2022
Anglo American slashes dividend after first-half earnings fall 28%
LONDON (Reuters) - Global miner Anglo American slashed payouts to shareholders after earnings for its first half fell 28% due to lower production and higher costs. Anglo joins rival miners Rio Tinto, ...
Jul 28, 2022
Analysis-Hint of a Fed pause opens door to Asia’s emerging markets
By Rae Wee and Harish Sridharan SINGAPORE (Reuters) - As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually poised to buy in Asia's emerging ...
Jul 28, 2022
Shell reports record profit of $11.5 billion
LONDON (Reuters) - Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices. The company also announced a ...
Jul 28, 2022
Stellantis posts record H1 results despite rising costs, chip headwinds
MILAN (Reuters) - Carmaker Stellantis on Thursday posted record results for the first half of the year despite headwinds including raw material inflation and semiconductor scarcity. The world's fourth...
Jul 28, 2022
Spirits maker Diageo posts 21.4% rise in full-year sales
LONDON (Reuters) -Johnnie Walker whisky maker Diageo on Thursday posted full-year sales up 21.4% as more people drank expensive spirits and bars reopened after pandemic lockdowns last year. Reported n...
Jul 28, 2022
Debt shadow may hang over Kenya’s next president
By Duncan Miriri NAIROBI (Reuters) - Kenya's economic output has more than doubled during President Uhuru Kenyatta's 10 years in office, but a debt binge that fuelled growth and investment could cramp...
Jul 28, 2022
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