Category Archives:
Russian services activity grows for third month running in April
(Reuters) - Growth in domestic client demand spurred increased activity in Russia's services sector in April as new export business contracted, a business survey showed on Thursday, with firms' confid...
May 04, 2023
Shell makes $9.65 billion profit in first quarter, beating forecasts
LONDON (Reuters) - Shell made a net profit of $9.65 billion in the first three months of the year, it said on Thursday, dropping slightly from the previous quarter as energy prices cooled but still be...
May 04, 2023
Analysis-Fed up with shrinking savings, Europeans drain billions from banks
By Sinead Cruise, John O'Donnell and Tom Sims LONDON/DUBLIN (Reuters) - European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to ...
May 04, 2023
SES’s first-quarter results beat expectations as it progresses on projects
(Reuters) - Satellite firm SES on Thursday reported first-quarter earnings above market expectations, and said it is on track to deliver on its full-year outlook. It also confirmed its schedule for bo...
May 04, 2023
Infineon raises full-year guidance
BERLIN (Reuters) -German chipmaker Infineon raised its full-year guidance on Thursday, citing strong demand from the electromobility, renewable energy generation and energy infrastructure sectors. "Al...
May 04, 2023
BMW cars segment sees earnings boost on higher pricing, EV sales
BERLIN (Reuters) - BMW reported on Thursday an earnings margin of 12.1% in the first quarter of 2023 for its cars segment, up from 8.9% a year earlier, confirming its outlook for 2023 but warning of o...
May 04, 2023
Drug maker Novo Nordisk’s Q1 beats forecasts
COPENHAGEN (Reuters) - Danish drug developer Novo Nordisk on Thursday reported first-quarter operating profit above analyst forecasts, helped by sales in the United States of its hugely popular Wegovy...
May 04, 2023
AB InBev beats profit expectations on price hike impact
BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's largest brewer, reported higher than expected earnings on Thursday as it sold only slightly more beer but at sharply higher prices. The maker of ...
May 04, 2023
Volkswagen revenue jumps on growth in Europe, North America
BERLIN (Reuters) - Volkswagen reported a rise in revenue of 22% to 76 billion euros ($84.22 billion) but saw a drop in operating profit to 5.7 billion euros, after last year's first quarter profit was...
May 04, 2023
ArcelorMittal reports higher than expected Q1 results
BRUSSELS (Reuters) - ArcelorMittal, the world's second largest steelmaker, reported higher than expected first quarter earnings and forecast market conditions would continue to improve in the second q...
May 04, 2023
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