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PostNL’s third-quarter earnings fall as parcel boom slows
(Reuters) - Dutch postal group PostNL on Monday posted third-quarter core profit in line with expectations citing slower international volume growth and disruptions in the global supply chain. The com...
Syndicated Content Nov 08, 2021
BAE Systems sticks to guidance for 2021 earnings growth
LONDON (Reuters) -British defence company BAE Systems stuck to guidance for earnings to grow by 3% to 5% this year over 2020's result and said that demand for its products and services remained high. ...
Syndicated Content Nov 08, 2021
Credit Suisse’s Asia decision making to stay in the region after overhaul
By Scott Murdoch and Anshuman Daga HONG KONG (Reuters) - Credit Suisse's key decision making power for Asia Pacific will stay in the region despite the previously separate division being integrated in...
Syndicated Content Nov 08, 2021
Lagging business travel takes shine off transatlantic restart
By Sarah Young and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) - Planes will fill the skies above the North Atlantic again from Monday, a boon for airlines after 19 months of restrictions, but that al...
Syndicated Content Nov 08, 2021
Covestro’s profits jump, raises 2021 guidance on strong demand, prices
(Reuters) - German chemicals maker Covestro on Monday raised its full-year earnings guidance for the third time this year, after reporting an 89% jump in third-quarter earnings. The group, whose produ...
Syndicated Content Nov 08, 2021
High euro zone inflation temporary, ECB’s Lane says
FRANKFURT (Reuters) - Euro zone inflation will ease next year and remains too weak in the medium term, European Central Bank chief economist Philip Lane told a Spanish newspaper, repeating the bank's ...
Syndicated Content Nov 08, 2021
As LNG prices surge, North American project development languishes
By Scott DiSavino (Reuters) - Demand for liquefied natural gas (LNG) has never been higher, but developers in North America are headed into the final weeks of the year without having approved one new ...
Syndicated Content Nov 08, 2021
The New Masters: How auction houses are chasing crypto millions
By Elizabeth Howcroft LONDON (Reuters) - Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that his auction house would...
Syndicated Content Nov 08, 2021
SoftBank reports $3.5 billion net loss in Q2
TOKYO (Reuters) - SoftBank Group Corp slipped into the red with a 397 billion yen ($3.5 billion) loss for the July-September quarter, hit by falling valuations in the tech portfolio of its Vision Fund...
Syndicated Content Nov 08, 2021
Kenya’s Equity Group says 9-month pretax profit up, loan loss provisions fall
NAIROBI (Reuters) - Kenya's Equity Group Holdings said on Monday its nine-month pretax profit rose 85% to 36.6 billion shillings ($328.25 million), helped by rising interest income and falling provisi...
Syndicated Content Nov 08, 2021
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