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Tomorrow’s Business in Finance’s Hands: Four Key Trends Set to Accelerate Finance’s Ascent to The Driver of Business Value
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Vaar Energi shares fall after $7.9 billion Eni spin-off
Air Liquide sees stronger 2022 as higher pricing tackles inflation
Date: February 17, 2022
By Olivier Cherfan and Kate Entringer (Reuters) -French industrial gases company Air Liquide forecast on Wednesday a bigger profit for 2022, as it implements higher pricing to offset the sharp increase in energy prices. The company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, anticipates further improving its operating margin...
Kraft Heinz plans more price hikes as sales, earnings beat estimates
Date: February 17, 2022
By Deborah Mary Sophia and Mehr Bedi (Reuters) -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw materials and transportation, after posting quarterly earnings above market expectations. Shares of the Chicago-based company rose as much as about 6% in morning trading....
Sterling edges up after UK inflation soars to nearly 30-year high
Date: February 17, 2022
LONDON (Reuters) -Sterling edged up versus the dollar and euro on Wednesday after data showed inflation in Britain at a nearly 30-year high, reinforcing expectations the Bank of England will further hike interest rates. The annual rate of consumer price inflation rose to 5.5% in January, the highest since March 1992, and above expectations from...
Rovi seals 10-year Moderna deal extension to manufacture mRNA drugs
Date: February 17, 2022
MADRID (Reuters) – Spain’s Rovi has agreed a 10-year extension to its deal with Moderna to manufacture future drugs developed with the mRNA technology used for the U.S. company’s coronavirus vaccine. The deal includes new investment to expand capacity at Rovi’s plants, the company said without disclosing the amount of investment. The deal keeps Rovi,...
Airbus reviews defence business as pressures mount
Date: February 17, 2022
By Tim Hepher PARIS (Reuters) – Airbus has launched a review of its defence strategy that could open the door to more strategic partnerships as Europe’s arms makers juggle security threats and pressure from some investors, people familiar with the matter said. The most far-reaching examination of defence goals in years is being spearheaded by...
Leading change to workplace age equality
Date: February 16, 2022
By Steve Butler, CEO of Punter Southall Aspire and author of Inclusive Culture: Leading Change Across Organisations and Industries The population is ageing, with life expectancy rising and fewer younger people entering work. Traditionally, the finance sector has ‘cut loose’ many older employees well before state pension age to accommodate younger people in the senior...