business
Business
Why today’s megatrends are the future of both technology and business
Business
Three tips for better supply chain management in 2022
Business
Adverty releases Unity SDK 4.0, with 2D games support and a refreshed suite of high-quality ad assets for the ultimate in-game advertising experience
Business
White Bullet’s collaboration with Poland’s Sygnał Association makes a significant dent in ad-funded piracy in this key European market
Britain’s Lloyds profit recovery marred by fraud costs
Date: February 24, 2022
By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, as the lender laid out a fresh strategy under new CEO Charlie Nunn. Lloyds reported a pretax profit of 6.9 billion pounds ($9.31 billion),...
Italian bank BPER gets offer from NEXI for merchant payment arm
Date: February 24, 2022
MILAN (Reuters) -Italian bank BPER Banca said it had received a non-binding offer for its merchant payment business from fast-growing payments giant NEXI, which one source earlier said could be worth around 350 million euros ($397 million). BPER, Italy’s fifth-largest bank, said it had given NEXI two months exclusively to submit a binding offer. Italy’s NEXI already...
Danone plans further price hikes to offset cost inflation
Date: February 24, 2022
By Dominique Vidalon PARIS (Reuters) -Danone on Wednesday pledged further productivity gains and price increases this year to offset cost inflation after the French food maker beat fourth-quarter sales forecasts, driving its shares up nearly 4%. Antoine de Saint-Affrique, who took over as chief executive of the world’s largest yoghurt maker in September, told investors...
Ad group WPP posts 12.1% sales growth as clients spend on recovery
Date: February 24, 2022
By Kate Holton LONDON (Reuters) -WPP, the world’s largest advertising group, said client demand for campaigns to justify price rises and maintain their recovery from the pandemic would enable it to grow above historic levels and return more cash to investors. The owner of the Ogilvy, Grey and GroupM agencies surpassed forecasts for its main...
French builder Eiffage eyes more growth in 2022 as profit exceeds pre-COVID level
Date: February 24, 2022
(Reuters) -Eiffage expects earnings across its building and concessions businesses to grow further this year, the French company said on Wednesday as it posted an annual 2021 profit that surged past its pre-pandemic level. The group said it was confident earnings would rise again in 2022 and had better visibility for the coming years off the...
Saipem to cut costs, focus on offshore business after swinging to core loss
Date: February 24, 2022
MILAN (Reuters) -Italian energy services group Saipem pledged on Thursday to cut costs and focus more on its traditional offshore business after it reported a swing to a core operating loss for the last year. Saipem said its adjusted core earnings, or EBITDA, were negative to the tune of 1.192 billion euros ($1.34 billion). That compares to...