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Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion
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Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels
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Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
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Siblings help China’s BYD grab early lead in Thai EV market
Qatar to invest 10 billion euros in key sectors of French economy -Elysee
Date: February 28, 2024
Qatar to invest 10 billion euros in key sectors of French economy -Elysee PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros ($10.85 billion) into start-ups and investment funds in France between 2024 and 2030, the French presidency said in a statement. The...
Norwegian Cruise forecasts upbeat first-quarter profit on robust demand
Date: February 27, 2024
Norwegian Cruise forecasts upbeat first-quarter profit on robust demand (Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and steady demand in the U.S. for cruises to the Caribbean and Europe. The company’s shares rose 5.5% to $16.80 in premarket trading. Cruise operators are now experiencing record...
Puma aims to boost its brand in ‘challenging’ market
Date: February 27, 2024
Puma aims to boost its brand in ‘challenging’ market By Alexander Hübner and Helen Reid (Reuters) – Puma expects a weak first half of the year in a challenging market, the German sportswear brand said on Tuesday, but its shares rose slightly as it stuck to annual targets set in January and announced a new...
London stocks gain on miners, earnings boost
Date: February 27, 2024
London stocks gain on miners, earnings boost (Reuters) – UK shares edged up in early trade on Tuesday boosted by the gains in mining stocks and some upbeat earnings updates, while investors exercised caution ahead of key inflation figures from Europe and the U.S. later in the week. The resource-heavy FTSE 100 index inched up...
German consumer sentiment stabilizes at low level in March, finds GfK
Date: February 27, 2024
German consumer sentiment stabilizes at low level in March, finds GfK BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with great uncertainty due to constantly rising prices and a weaker outlook for Europe’s largest economy, a survey showed on Tuesday. The consumer sentiment...
Dental implants maker Straumann sees steady sales growth in 2024
Date: February 27, 2024
Dental implants maker Straumann sees steady sales growth in 2024 (Reuters) – Swiss dental implant maker Straumann on Tuesday forecast 2024 sales growth at a similar level to last year’s, taking a cautious stance amidst prolonged economic uncertainty. “While geopolitical and macroeconomic uncertainties are going to continue to impact consumer confidence in different geographies,...