Category Archives:
Tobacco and nicotine group Swedish Match’s Q3 profit matches expectations
(Reuters) - Nicotine and tobacco products group Swedish Match on Friday reported a third-quarter operating profit matching expectations and said its U.S. smokefree business and a strong dollar had inc...
Oct 28, 2022
French asset manager Amundi posts Q3 outflows of $13 billion
LONDON (Reuters) - French asset manager Amundi posted net outflows of 12.9 billion euros ($12.86 billion) in the third quarter, it said on Friday, hurt by weak markets and concern about the economic o...
Oct 28, 2022
BA-owner IAG posts Q3 profit of 1.2 billion euros as revenues recover
LONDON (Reuters) -IAG, owner of British Airways and Iberia, reported third-quarter adjusted operating profit of 1.21 billion euros ($1.21 billion) after revenue returned to pre-pandemic levels despite...
Oct 28, 2022
Exclusive-KKR raises $6 billion for biggest Asia infrastructure fund -sources
By Anshuman Daga SINGAPORE (Reuters) - KKR & Co Inc has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking the biggest ever private equity fundraising...
Oct 28, 2022
Porsche sees 40% rise in profits in first nine months, confirms outlook
BERLIN (Reuters) - Porsche reported a 40.6% rise in operating profit to 5.05 billion euros on Friday in its first results since the luxury carmaker was listed on the stock exchange, with a return on s...
Oct 28, 2022
What people are saying about Elon Musk’s purchase of Twitter
(Reuters) - U.S. billionaire Elon Musk became Twitter Inc's owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the i...
Oct 28, 2022
Marketmind: Closer to fine
A look at the day ahead in European and global markets from Tom Westbrook. Having jumped the gun a few times, markets are again pricing in a pivot in monetary policy and might be getting closer to the...
Oct 28, 2022
South Korea’s exports to fall in Oct for first time in two years
By Jihoon Lee SEOUL (Reuters) - South Korea's exports likely fell in October, shrinking for the first time in nearly two years in the face of a global economic slowdown and rising interest rates, a Re...
Oct 28, 2022
After Musk takeover, India says it expects Twitter to comply with local rules
By Krishna N. Das NEW DELHI (Reuters) - Elon Musk's takeover of Twitter will not change India's expectation that it will comply with the country's rules for such companies, a government minister told ...
Oct 28, 2022
Caixabank’s Q3 net profit rises 19% on lending and insurance
MADRID (Reuters) - Spain's Caixabank on Friday said that its net profit in the third quarter rose 18.8% against a year ago thanks to an increase in lending income, fees and higher earnings from its in...
Oct 28, 2022
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