Category Archives:
Slowly, European regulators turn up the heat on greenwashing
By Tommy Wilkes and Simon Jessop LONDON (Reuters) - European financial regulators say they are uncovering more cases of greenwashing by asset managers cashing in on booming demand for sustainable fina...
Nov 04, 2021
ProSieben raises full-year target a third time after Q3 results
BERLIN (Reuters) - German broadcaster ProSiebenSat.1 Media on Thursday raised its 2021 full-year guidance for a third time this year after reporting a 15% jump in third quarter revenue at 1.06 billion...
Nov 04, 2021
Telefonica books 706 million euro Q3 net profit, reiterates annual outlook
MADRID (Reuters) - Spanish telecom firm Telefonica SA said on Thursday it booked a net profit of 706 million euros ($817.62 million) in the third quarter and reiterated its forecast for 2021. Telefoni...
Nov 04, 2021
New Hugo Boss CEO shakes up top management
BERLIN (Reuters) - Hugo Boss said on Thursday it has shaken up its senior management team under its new chief executive Daniel Grieder, who wants to make the German fashion retailer one of the world's...
Nov 04, 2021
Novartis sells its Roche stake to Roche for $20.7 billion
ZURICH (Reuters) - Novartis AG, a shareholder in Roche for more than 20 years, said on Thursday the two Swiss drugmakers had agreed that Roche would buy Novartis's nearly one-third voting stake in its...
Nov 04, 2021
Deutsche Post hikes targets again as trade rebounds
BERLIN (Reuters) -German logistics company Deutsche Post DHL increased its forecast again on Thursday for short- and medium-term profits as global trade recovered and pandemic-driven e-commerce shipme...
Nov 04, 2021
Chemicals group Lanxess sees 2021 profits at lower end of forecast
(Reuters) - German speciality chemicals maker Lanxess said on Thursday it expects its 2021 core profit to come at the lower end of its guidance range, saying increased energy, raw material and freight...
Nov 04, 2021
Commerzbank expects full year profit after strong Q3
FRANKFURT (Reuters) - Germany's Commerzbank on Thursday said that it swung to a better-than-expected third-quarter net profit and would achieve a profit for the full year, defying analysts predictions...
Nov 04, 2021
Credit Suisse pares back investment banking, sharpens focus on rich
By John O'Donnell and Michael Shields FRANKFURT/ZURICH (Reuters) -Credit Suisse will pare back its investment bank and focus on building its wealthy client base, the Swiss bank said on Thursday, as it...
Nov 04, 2021
Credit Suisse Q3 net profit falls 21%, sees Q4 loss
ZURICH (Reuters) - Credit Suisse posted a 21% fall in third-quarter net profit to 434 million Swiss francs ($476 million), hit by a higher tax rate and a 214 million Swiss franc charge to settle alleg...
Nov 04, 2021
Peoria, IL, USA
74 °F Clear
