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M&S nudges up outlook after strong Christmas
LONDON (Reuters) - British retailer Marks & Spencer on Thursday nudged up its profit outlook after it reported a strong Christmas performance, particularly in food, where it outperformed the market. M...
Syndicated Content Jan 13, 2022
Intertrust misses targets as attrition rates hurt productivity
(Reuters) - Dutch financial services company Intertrust said on Thursday its full-year underlying revenue growth fell short of its expectations, leading to a miss in core profit margin. The group, whi...
Syndicated Content Jan 13, 2022
French firm Crypto Blockchain Industries announces new products
PARIS (Reuters) - French fintech company Crypto Blockchain Industries, whose shares have rallied since their stock market listing last year, announced on Thursday a new range of products, saying it wo...
Syndicated Content Jan 13, 2022
Tesco upgrades profit outlook for second time in four months
LONDON (Reuters) - Tesco, Britain's biggest retailer, on Thursday raised its profit outlook for the second time in four months as it reported a rise in Christmas sales despite a tough comparative with...
Syndicated Content Jan 13, 2022
Thyssenkrupp hydrogen unit eyes up to $687 million in possible share sale proceeds
By Christoph Steitz and Tom Kckenhoff FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp unit Uhde Chlorine Engineers aims to rake in up to 600 million euros ($687 million) by selling new shares in a poss...
Syndicated Content Jan 13, 2022
Yara and Lantmaennen to launch ‘fossil-free’ fertilisers in Sweden
OSLO (Reuters) - Norway's Yara and Sweden's Lantmaennen will next year introduce products that could eventually become the world's first fossil-free nitrogen fertilisers, as they strive to decarbonise...
Syndicated Content Jan 13, 2022
Life insurers adapt pandemic risk models after claims jump
By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) - A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the scenarios lif...
Syndicated Content Jan 13, 2022
Enel sees IPO of grid business in 2023 – CEO to paper
MILAN (Reuters) - Europe's biggest utility Enel plans to list its grid business in 2023, Chief Executive Francesco Starace said in an interview with Italian daily La Repubblica published on Thursday. ...
Syndicated Content Jan 13, 2022
More Chinese developers seek to extend bond terms to avert default
HONG KONG/SHANGHAI (Reuters) -Cash-strapped Chinese developers are scrambling to negotiate new terms with their bondholders to avoid defaults, with Shimao Group and Yuzhou Group the latest seeking ext...
Syndicated Content Jan 13, 2022
Pepco Group Q1 revenue rises to $1.54 billion
(Reuters) - Pepco Group, the owner of PEPCO, Poundland, and Dealz discount retailer brands in Europe, reported a 12% rise in total revenue for the first quarter on a constant currency basis, from a ye...
Syndicated Content Jan 13, 2022
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