Category Archives:
Sweden’s NENT reports 28% jump in subscribers
STOCKHOLM (Reuters) -NENT, the Swedish media group challenging streaming giants such as Netflix and Disney+ in the Nordics, reported a 28% rise in subscribers, as its plan to expand beyond Scandinavia...
Oct 26, 2021
Japan’s Orix to sell software firm Yayoi for more than $1.75 billion -Bloomberg
TOKYO (Reuters) -Japanese financial services group Orix Corp is likely to sell software business Yayoi Co for more than 200 billion yen ($1.75 billion), Bloomberg reported on Tuesday. Bain Capital, KK...
Oct 26, 2021
KPN reports Q3 earnings in line with expectations
AMSTERDAM (Reuters) - KPN NV, the largest Dutch telecommunications company, reported on Tuesday third-quarter core earnings of 607 million euros ($706 million), in line with expectations. Analysts in ...
Oct 26, 2021
Telecoms company Orange’s Q3 core profits fall 0.7% on lower co-investment deals
PARIS (Reuters) - Orange, France's biggest telecoms operator, said third-quarter core operating profit dropped by 0.7% from a year earlier, as sales from lucrative co-investment deals in its home coun...
Oct 26, 2021
Ports giant DP World expects container volume growth to moderate in Q4
DUBAI (Reuters) - Dubai ports giant DP World said on Tuesday it expected growth in shipping freight container volumes to moderate in the next quarter after volumes handled rose 8.1% in the third quart...
Oct 26, 2021
UBS plans digital banking model for the mass affluent in America
ZURICH (Reuters) - UBS wants to build a digitally scalable advice model for affluent clients in the Americas, it said on Tuesday as it reported third-quarter earnings. As part of its new 2025 strategi...
Oct 26, 2021
Nordic IT services firm TietoEvry’s quarterly profit beats expectations
(Reuters) - Nordic IT services provider TietoEvry reported on Tuesday third-quarter operating profit above analysts' expectations driven by strong growth in its software businesses. The Finnish compan...
Oct 26, 2021
Novartis more bullish on Cosentyx, Entresto sales as Q3 profit rises
(Reuters) - Novartis's third-quarter adjusted operating profit rose 10% as the Swiss drugmaker lifted its peak sales estimate for its two most important pharmaceuticals. Operating profit, adjusted for...
Oct 26, 2021
Hyundai Motor’s Q3 profit misses estimates as chip shortage takes a toll
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -South Korea's Hyundai Motor Co swung to a profit in the third quarter but slightly missed analysts' estimates as the ongoing global chip shortage drove ...
Oct 26, 2021
France’s Thales maintains 2021 targets as Q3 sales slip
PARIS (Reuters) - French defence group Thales reaffirmed full-year financial forecasts as it reported a 1.4% dip in underlying third-quarter sales, dampened by comparisons with the easing of a first w...
Oct 26, 2021
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