Category Archives:
Gatwick-owner Vinci expects airports arm to nearly break even in 2022
(Reuters) - The airports arm of France's Vinci should nearly break even this year, the infrastructure group said on Friday, as it anticipates a pick up in air travel over 2022. The majority owner of L...
Feb 04, 2022
Chasing sky-high valuations, Dubai bankers switch to tech sector
By Hadeel Al Sayegh DUBAI (Reuters) - Faced with deal fees in the Gulf region a fraction of those in markets elsewhere, many Dubai bankers are handing in their notices, attracted by the lure of cashin...
Feb 04, 2022
Japan’s GPIF posts $47 billion return in Q3 on solid overseas stocks
TOKYO (Reuters) -Japan's Government Pension Investment Fund (GPIF) said on Friday it posted a third-quarter investment return of 5.437 trillion yen ($47.29 billion) on gains from overseas stocks. GPIF...
Feb 04, 2022
Intesa to pay out over 22 billion euros to investors under new plan
MILAN (Reuters) -Intesa Sanpaolo, Italy's biggest bank by assets, on Friday said it would drive its net profit to 6.5 billion euros ($7.5 billion) in 2025 and pay out more than 22 billion euros to inv...
Feb 04, 2022
France’s Sanofi eyes rising earnings in 2022 after Q4 earnings increase
PARIS (Reuters) - French drugmaker Sanofi said it would aim to further increase its earnings per share (EPS) this year as it reported rising fourth-quarter results on Friday. The group, which is hopin...
Feb 04, 2022
U.S. heating oil, diesel stocks dwindle as demand rises
By Laura Sanicola (Reuters) - U.S. supplies of fuels such as diesel and heating oil have dwindled and refiners are having trouble replenishing that supply, which could keep prices elevated for months....
Feb 04, 2022
TomTom sees more supply chain constraints in 2022, misses Q4 forecasts
(Reuters) - Dutch navigation and digital mapping company TomTom said on Friday it expected more supply chain constraints in 2022 as it reported weaker-than-expected quarterly core earnings. The Amster...
Feb 04, 2022
Northvolt, Volvo Cars pick Gothenburg for new gigafactory
STOCKHOLM (Reuters) - Automaker Volvo Cars and battery maker Northvolt will build their joint battery plant in Gothenburg, in western Sweden, the two companies said on Friday. The two Sweden-based com...
Feb 04, 2022
Earnings whiplash points to more volatility for U.S. markets
By David Randall NEW YORK (Reuters) - Diverging earnings from megacap growth stocks are fueling wild swings in equities, opening the door for more volatility on the heels of last month's sharp drop as...
Feb 04, 2022
Analysis-Traders scour markets for protection amid Ukraine tensions
By Saikat Chatterjee and Danilo Masoni LONDON (Reuters) - Unnerved by the sabre-rattling between Russia and the West over Ukraine, traders are scouring global markets for investments that could provid...
Feb 04, 2022
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