Category Archives:
Danske Bank axes dividends again over Estonia case
COPENHAGEN (Reuters) - Danske Bank will not pay 2021 dividends tied to second quarter results as it is still in discussions with Danish and U.S. authorities over involvement in a money laundering scan...
Jul 22, 2022
Northvolt and Stora Enso to develop batteries from forestry byproduct
HELSINKI (Reuters) - Swedish battery maker Northvolt and Finnish-Swedish forestry company Stora Enso are trying to develop batteries from forestry byproduct lignin, the companies said on Friday. A par...
Jul 22, 2022
Tietoevry mulls spin-off of banking unit
(Reuters) - Finnish IT services provider Tietoevry said on Friday it had started a strategic review of its banking business, which could result in the separation and listing of the unit. The business,...
Jul 22, 2022
Lonza’s first-half core EBITDA gains 16.5%
By Ludwig Burger (Reuters) - Swiss drug contract manufacturer Lonza said first-half core earnings gained 16.5% on strong demand from drugmakers. First-half core earnings - adjusted for interest, tax, ...
Jul 22, 2022
Norsk Hydro to offer extra dividend, share buyback, Q2 in line
OSLO (Reuters) - Norwegian aluminium-maker Norsk Hydro said on Friday it would propose an extra dividend and offer share buybacks as it reported upbeat quarterly profits in line with expectations. Adj...
Jul 22, 2022
Luton Airport runway meltdown shows airports vulnerable to climate change
By Jamie Freed (Reuters) - The temporary disruption at London's Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to lift is an example of the challenges airports...
Jul 22, 2022
Last orders? Foreign beers remain on Russian shelves months after brewers halt sales
MOSCOW (Reuters) - The last orders bell tolled for Bud, Carlsberg and Heineken beers in Russia in early March, but shops across Moscow are still selling off stockpiles months after the brewers said th...
Jul 22, 2022
Analysis: Ukraine war rekindles Europe’s demand for African oil and gas
By Noah Browning, Ron Bousso and Wendell Roelf BRUSSELS/LONDON/CAPE TOWN (Reuters) - Europe's thirst for oil and gas to replace sanctioned Russian supply is reviving interest in African energy project...
Jul 22, 2022
Schindler cuts 2022 revenue guidance on China market contraction
(Reuters) - Swiss elevator and escalator manufacturer Schindler on Friday cut its revenue guidance for the full year, citing China market contraction and COVID-related lockdowns. The company now expec...
Jul 21, 2022
Malaysia’s June CPI up 3.4% y/y, higher than forecast
KUALA LUMPUR (Reuters) - Malaysia's consumer price index (CPI) rose 3.4% from a year earlier in June, government data showed on Friday. The rise was more than the 3.1% growth forecast by economists in...
Jul 21, 2022
Peoria, IL, USA
77 °F Patchy rain nearby
