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Maersk revises up profit guidance on exceptional first quarter
COPENHAGEN (Reuters) -Shipping group Maersk on Tuesday raised its guidance for the full year after first-quarter operating profit came in above its previous expectations, driven by high container frei...
Syndicated Content Apr 26, 2022
Sri Lanka says it has begun talks with China on refinancing debt
COLOMBO (Reuters) - Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said on Tuesday, as Colombo struggles with its worst financial crisis in decades. "China ...
Syndicated Content Apr 26, 2022
ECB has room for 2-3 rate hikes this year, says Kazaks
FRANKFURT (Reuters) - The European Central Bank should raise interest rates soon and has room for up to three hikes this year, ECB policymaker Martins Kazaks told Reuters, joining a chorus of policyma...
Syndicated Content Apr 26, 2022
Telecoms group Orange’s Q1 core profits up 1%, confirms full-year targets
PARIS (Reuters) - Orange, France's biggest telecoms operator, said its first-quarter core operating profit grew 1%, as high growth from its Africa and Middle-East operations offset further declines in...
Syndicated Content Apr 26, 2022
Telecoms group Orange denies mulling sale of its physical network
PARIS (Reuters) - Orange has no plans to sell its physical telecoms network, Orange CFO Ramon Fernandez said on Tuesday. French financial daily Les Echos reported on Monday that Orange was studying th...
Syndicated Content Apr 26, 2022
Novartis earnings edge higher on Cosentyx, Entresto
(Reuters) - Core operating income at Novartis edged 3% higher in the first quarter as sales growth from new drugs was partly offset by unfavourable currency effects. Quarterly core operating income ro...
Syndicated Content Apr 26, 2022
Vaccines company Valneva secures new financing with U.S firms Deerfield and OrbiMed
PARIS (Reuters) - French vaccines company Valneva, which is aiming to get European approval for its COVID-19 vaccine product, said it had secured new financing with U.S.-based healthcare investment fi...
Syndicated Content Apr 26, 2022
Cryptoverse: Ether prepares for epic ‘merge’ in quest to eclipse bitcoin
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But...
Syndicated Content Apr 26, 2022
BMW and Audi suspend shipments by train to China – Nikkei
(Reuters) - German carmakers BMW and Volkswagen's Audi have suspended shipments of cars by rail from Germany to China due to the war in Ukraine, the Nikkei business daily reported https://s.nikkei.com...
Syndicated Content Apr 26, 2022
Spain’s Santander Q1 profit rises 58% compared to same period a year ago
MADRID (Reuters) - Spain's Santander on Tuesday said its net profit in the first quarter rose 58% compared to the same period a year ago thanks to a recovery in Europe and a solid performance in South...
Syndicated Content Apr 26, 2022
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