business
Business
Nexi in exclusive talks to buy BPER’s retailers’ payment arm-source
Business
French business activity grew more strongly than forecast in Feb -PMI
Business
Bribery and corruption are a real and present danger to UK businesses– here’s what to do
Business
Airbus hopes for amicable solution in deadlocked Qatar dispute
Satellite group Eutelsat postpones growth target, shares sink
Date: February 18, 2022
By Sarah Morland (Reuters) -France’s Eutelsat narrowed and pushed back its financial targets on Thursday, amid a drop in broadcast revenues and capacity delays on two of its satellites, sending its shares down 5% in morning trading. The Paris-based satellite operator now expects revenue to slip to 1.11-1.13 billion euros ($1.26-$1.28 billion) for its five...
Exclusive-Ericsson informed U.S. DoJ in 2019 about Iraq probe – sources
Date: February 18, 2022
By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson informed the U.S. Department of Justice (DoJ) about an internal investigation into payments in Iraq when it signed a Deferred Prosecution Agreement (DPA) in 2019 to settle separate corruption probes, sources familiar with the matter said. The Swedish company’s shares fell 14% on Wednesday over concerns that it might...
Orange sees return to core profit growth in 2022
Date: February 18, 2022
By Mathieu Rosemain PARIS (Reuters) -Orange, France’s biggest telecoms operator, expects a return to core profit growth in 2022 after lower returns from co-financing deals and high competition in the Spanish market hit earnings last year. The state-controlled former monopoly struggles to maintain strong upward momentum in revenue, caught between the need to upgrade networks...
StanChart bets on rate hikes to hit lofty goals as profit disappoints
Date: February 18, 2022
By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) – Standard Chartered has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it banks on inflation-battling rate hikes worldwide to boost lending. CEO Bill Winters, who repaired StanChart’s balance sheet and cut thousands of jobs after he took...
Nestle confident cost inflation won’t take a bite out of margins
Date: February 18, 2022
By Silke Koltrowitz ZURICH (Reuters) -Food group Nestle is confident of defending its profit margins against mounting cost pressures this year, planning more price increases after they helped it beat sales and earnings expectations in 2021. Consumer goods companies are grappling with surging costs for commodities, energy, transport and labour, prompting rival Unilever last week...
Why the ‘Ideal’ Workplace isn’t Ideal anymore: Outdated work practices we need to change
Date: February 18, 2022
By Scott Chao, Chief Marketing Officer at Appspace The definition of ‘workplace’ has changed dramatically in recent years. The office as we know it has shifted from a nondescript monitor and desk to our dining room table. With things starting to return to normal, many people find it difficult to get back into old routines....