Business

Image for UK's Ashtead proposes move to U.S. listing; warns on profit

Finance

UK's Ashtead Proposes Move to U.S. Listing; Warns on Profit

Image for Teamviewer acquires London-based 1E

Finance

Teamviewer Acquires London-Based 1E

Image for Britain's Thames Water says equity raise 'progressing'

Finance

Britain's Thames Water Says Equity Raise 'progressing'

Image for German inflation confirmed at 2.4% in November

Finance

German Inflation Confirmed at 2.4% in November

Image for Discounter Pepco books 775 million euros impairment charge on Poundland business

Discounter Pepco Books 775 Million Euros Impairment Charge on Poundland Business

Date: December 10, 2024

LONDON (Reuters) - European discount retailer Pepco Group on Tuesday reported an annual net loss of 662 million euros ($699 million), citing an impairment charge of 775 million euros for its Poundland...

Image for Allianz raises financial targets for next three years

Allianz Raises Financial Targets for Next Three Years

Date: December 10, 2024

(Reuters) - Allianz, one of Europe's biggest insurers, raised its three-year financial targets during its Capital Markets Day on Tuesday. In the 2024-2027 period, the German company expects earnings...

Image for Sweden's Husqvarna warns of weaker sales, operating loss in Q4

Sweden's Husqvarna Warns of Weaker Sales, Operating Loss in Q4

Date: December 10, 2024

COPENHAGEN (Reuters) - Husqvarna expects its organic sales for the fourth quarter to decline year-on-year due to challenging market conditions, particularly in North America, as well as an...

Image for Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up

Pakistan's Largest Conglomerate Engro Corp Eyes Tower Sharing Expansion With Veon Tie-Up

Date: December 10, 2024

By Ariba Shahid KARACHI (Reuters) - Pakistan’s largest conglomerate Engro Corp, through it’s strategic partnership with Veon, is eyeing expanding telecom tower-sharing coverage in Pakistan and...

Image for China's Hengli uses extra import quota to buy Mideast oil from Total, traders say

China's Hengli Uses Extra Import Quota to Buy Mideast Oil From Total, Traders Say

Date: December 10, 2024

By Chen Aizhu and Florence Tan SINGAPORE (Reuters) - Private Chinese refiner Hengli Petrochemical has snapped up Middle East crude, six traders familiar with the matter said, mostly from TotalEnergies...

Image for Morning Bid: China policy talk lifts stocks but bonds balk

Morning Bid: China Policy Talk Lifts Stocks but Bonds Balk

Date: December 10, 2024

A look at the day ahead in European and global markets from Tom Westbrook China's equity markets have chosen to run with the authorities' latest vague promise of support for the sputtering economy,...