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Assa Abloy profit misses, sees recovery in Europe, Americas
STOCKHOLM (Reuters) - Assa Abloy, the world's biggest lockmaker, reported third-quarter operating earnings below market forecasts on Wednesday and said it expected growth in Europe and the Americas to...
Syndicated Content Oct 27, 2021
Electrolux profit just lags forecast, sees more supply chain pain
STOCKHOLM (Reuters) - Sweden's Electrolux reported on Wednesday a marginally lower third-quarter operating profit than expected and said the fourth quarter would be even more challenging in terms of g...
Syndicated Content Oct 27, 2021
Puma hikes sales outlook despite supply challenges
BERLIN (Reuters) - German sportswear company Puma increased its 2021 sales outlook on Wednesday even as it cautioned that a coronavirus lockdown in Vietnam, port congestion and container shortages wer...
Syndicated Content Oct 27, 2021
Heineken beer sales lower than expected on Asia weakness
BRUSSELS (Reuters) - Heineken, the world's second-largest brewer, on Wednesday reported a steeper than expected decline in third-quarter beer sales after COVID-19 restrictions depressed volumes across...
Syndicated Content Oct 27, 2021
U.S. senators urge Biden to avoid India sanctions over Russian deal
By Sanjeev Miglani NEW DELHI (Reuters) - Two U.S. senators have urged President Joe Biden to waive sanctions against India over its purchase of Russia's S-400 air defence system, saying such a punitiv...
Syndicated Content Oct 27, 2021
German consumer sentiment rises for 2nd month despite inflation – GfK
BERLIN (Reuters) - German consumers kept their spirits high heading into November despite rising inflation, as the mood improved for the second month in a row, according to a survey on Wednesday. The ...
Syndicated Content Oct 27, 2021
Russian IT firm Softline valued at around $1.5 billion in London IPO
MOSCOW (Reuters) - Russian IT company Softline set its final offer price at $7.50 per global depositary receipt (GDR) for its initial public offering (IPO), the lower end of its target range, implying...
Syndicated Content Oct 27, 2021
Australian iron ore baron bets big on global green revolution
By Sonali Paul and Melanie Burton MELBOURNE (Reuters) - Australian iron ore magnate Andrew Forrest wants to turn his company, Fortescue Metals Group Ltd, into the world's biggest green energy group, b...
Syndicated Content Oct 27, 2021
TP ICAP launches index to trade pace of climate change
By Simon Jessop LONDON (Reuters) - TP ICAP, the world's largest inter-dealer broker, said on Wednesday it had launched a weather data-backed index that would allow financial risks tied to the pace of ...
Syndicated Content Oct 27, 2021
France’s Plastic Omnium cuts costs as chip crunch hits sales
PARIS (Reuters) - Plastic Omnium reported on Wednesday a drop of more than 14% in its third-quarter sales as the French car parts maker reduces costs to blunt the blow of customers' cuts in output ove...
Syndicated Content Oct 27, 2021

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