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Image for Big Oil’s climate planning not good enough, investor group says

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Big Oil’s climate planning not good enough, investor group says

Image for Brazil, France launch $1.1 billion program to protect Amazon rainforest

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Brazil, France launch $1.1 billion program to protect Amazon rainforest

Image for Allianz Trade in Asia Pacific appoints Regional Head of E-Commerce

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Allianz Trade in Asia Pacific appoints Regional Head of E-Commerce

Image for Vodafone Germany to cut 2,000 jobs in revamp

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Vodafone Germany to cut 2,000 jobs in revamp

Image for Flutter forecasts 30% earnings jump in 2024 as US takes off

Flutter forecasts 30% earnings jump in 2024 as US takes off

Date: March 26, 2024

Flutter forecasts 30% earnings jump in 2024 as US takes off By Padraic Halpin DUBLIN (Reuters) -Flutter, the world’s largest online betting company, said on Tuesday it expects to increase its core profit by around 30% this year thanks to a four-fold rise at its fast-growing and market leading U.S. brand Fanduel. Analysts at Jefferies...

Image for UK’s ASOS posts 18% drop in first-half sales

UK’s ASOS posts 18% drop in first-half sales

Date: March 26, 2024

UK’s ASOS posts 18% drop in first-half sales LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet guidance for sales to decline by 5-15% over the full-year, as its plan to revive the business takes shape. Since the pandemic...

Image for German consumer sentiment stays on slow recovery path, finds GfK

German consumer sentiment stays on slow recovery path, finds GfK

Date: March 26, 2024

German consumer sentiment stays on slow recovery path, finds GfK BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer households seeing the need to save even as uncertainty about Germany’s economic development still abounds, a survey showed on Tuesday. The consumer sentiment index...

Image for France’s Atos seeks debt restructuring plan by July after record losses

France’s Atos seeks debt restructuring plan by July after record losses

Date: March 26, 2024

France’s Atos seeks debt restructuring plan by July after record losses By Augustin Turpin (Reuters) -French IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday, after posting record annual losses as uncertainty looms of the group’s future. “We are also in discussions with our financial creditors with...

Image for RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores

RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores

Date: March 25, 2024

RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastructure Fund 1 (RBIF1), and Horizon, through Horizon Equity Partners Follow-On Fund, acquired an 89.2% stake...

Image for Google, Apple breakups on the agenda as global regulators target tech

Google, Apple breakups on the agenda as global regulators target tech

Date: March 25, 2024

Google, Apple breakups on the agenda as global regulators target tech By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust regulators on both sides of the Atlantic crack down on alleged anti-competitive practices that could result in break-up orders to Apple and Alphabet’s Google,...