Business
Business
Fox and Hulu Announce Multi-Year Content Streaming Partnership
Business
The Power of Door-to-Door Sales in the Energy Sector: Unlocking Potential With Kts Energy
Business
Small but Impactful Upgrades: Cynthia Giovacchino Recommends Simple Changes to Elevate Your Rental Property From Good to Great
Business
European Car Sales Flat in October, EVs Gain Ground, Acea Says
Vw Union Proposes $1.6 Billion of Cuts, but No Plant Closures
Date: November 21, 2024
By Victoria Waldersee and Christina Amann BERLIN/WOLFSBURG (Reuters) -Volkswagen workers offered on Wednesday to back 1.5 billion euros ($1.6 billion) in cost savings if it rules out closing plants in Germany, but warned the automaker would face an historic battle if it pressed ahead with swingeing cuts. The proposal comes a day ahead of a...
Pzu to Look at Bank Holdings as Part of New Strategy, CEO Says
Date: November 21, 2024
By Rafal Wojciech Nowak GDANSK (Reuters) -Poland’s top insurer PZU will focus on its bank holdings when it reassesses the group structure as part of its 2025-2027 strategy, its CEO said on Thursday. In early September, Poland’s state assets minister Jakub Jaworowski said PZU needed a strategy to address its stakes in two competing banks,...
Norway’s Equinor Cuts 20% of Staff at Renewables Unit
Date: November 21, 2024
By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Norway’s Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday. The global offshore wind sector, in which Equinor is a significant...
Royal Mail Owner Ids Returns to Profit but Warns on Cost Environment
Date: November 21, 2024
(Reuters) -International Distribution Services reported a first-half adjusted operating profit on Thursday, as sustained parcel demand helped the British firm narrow losses at its Royal Mail business despite a weaker-than-expected market. Royal Mail’s reported losses include an impairment charge, chiefly due to expected additional tax burden reflected in an about 120 million pound annual increase...
UK’s Jd Sports Says Discounting, Cautious Consumer to Dent Profit
Date: November 21, 2024
LONDON (Reuters) -British sportswear retailer JD Sports Fashion warned annual profit would come in at the lower end of its guided range after a tough October of discounting, unseasonable weather and consumer caution. FTSE 100-listed JD, which sells Nike, Adidas, On, HOKA and other brands in Britain, Europe and the United States, said volatile trading...
European Car Sales Flat in October, EVs Gain Ground, Acea Says
Date: November 21, 2024
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) – New car sales in Europe were flat in October, after falling for two consecutive months, industry data showed on Thursday, while the transition to fully electric or hybrid models gained ground in the month. An uptick in total sales in Spain and Germany, of 7.2% and...