Category Archives:
Inditex founder Ortega buys 5% in Enagas’s renewable, hydrogen unit
MADRID (Reuters) - Fashion retailer Zara founder Amancio Ortega bought a 5% stake in Spanish gas grid operator Enagas's renewable and hydrogen unit Enagas Renovable, Enagas said on Wednesday. Ortega's...
Jul 27, 2022
Holcim hikes sales outlook on strong construction industry demand
By John Revill ZURICH (Reuters) - Holcim brushed off higher energy prices and rising interest rates to hike its full-year sales guidance on Wednesday after the world's largest cement maker beat second...
Jul 27, 2022
Italy’s antitrust probes Samsung over alleged unfair commercial practices
MILAN (Reuters) - Italy's antitrust authority said on Wednesday it had opened an investigation against Samsung in Italy and two other companies over alleged misleading and aggressive commercial practi...
Jul 27, 2022
First-half profit at packaging group Smurfit Kappa jumps 50%
DUBLIN (Reuters) - Smurfit Kappa's core profit jumped by 50% year-on-year in the first half of 2022, which it said on Wednesday reflected recent capital investment in its production facilities and pri...
Jul 27, 2022
Google Maps launches street view service in India
NEW DELHI (Reuters) - Alphabet Inc's Google Maps has launched its street view service in 10 cities in India in partnership with Tech Mahindra and Genesys, a company executive said on Wednesday. The In...
Jul 27, 2022
Rio Tinto profit falls 29%, slashes dividend as iron ore prices ease
By Sameer Manekar and Shashwat Awasthi (Reuters) -Rio Tinto reported a 29% drop in first-half profit on Wednesday and more than halved its dividend, as the global miner was hurt by weaker iron ore pri...
Jul 27, 2022
GSK lifts full-year forecast, days after consumer health spinoff
(Reuters) - GSK on Wednesday lifted its full-year forecast, boosted by reinvigorated demand for its blockbuster Shingrix vaccine, days after overhauling the business with the spinoff of its consumer h...
Jul 27, 2022
Reckitt posts 11.9% rise in quarterly like-for-like sales, beating expectations
LONDON (Reuters) - Britain's Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday beat second-quarter sales expectations after raising prices to make up for soaring input costs...
Jul 27, 2022
Analysis-Here to stay: fund managers play the long game on inflation
By Yoruk Bahceli and Sujata Rao AMSTERDAM/LONDON (Reuters) - Not convinced by central banks' pledge to stamp on inflation, many investors are on the hunt for assets that will protect their portfolios ...
Jul 27, 2022
French company Danone raises 2022 sales outlook after Q2 sales beat forecasts
PARIS (Reuters) - Danone raised its 2022 revenue growth outlook after posting a 7.7% jump in second quarter like-for-like sales - beating analysts' forecasts for 5.6% growth - reflecting price increas...
Jul 27, 2022
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