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IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair
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PGE signs wind turbine supply deal for Baltica 2
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Investors warn big consumer firms over price hikes as competitors gain
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GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
Analysis-Crisis radar falls on fault lines in Europe’s commercial property
Date: April 20, 2023
Analysis-Crisis radar falls on fault lines in Europe’s commercial property By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – European banks appear better positioned than U.S. peers to weather any stress from commercial property after an interest rate surge, but that does not mean Europe is out of the danger zone. Aggressive rate hikes, still...
Renault revenues rise 30% in Q1 on higher sales and prices
Date: April 20, 2023
Renault revenues rise 30% in Q1 on higher sales and prices PARIS (Reuters) -French car maker Renault said on Thursday revenues had grown by 30% in the first quarter thanks to a rebound in sales and higher prices. Boosted by the launch of several premium models, including the electric version of Megane, Arkana and Austral,...
German automakers fight to defend their turf from Chinese rivals
Date: April 20, 2023
German automakers fight to defend their turf from Chinese rivals SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top of consumer trends in the country that will define whether they maintain their market dominance in the electric age both at home and abroad....
IBM beats first-quarter profit estimates, signals demand holding up
Date: April 20, 2023
IBM beats first-quarter profit estimates, signals demand holding up By Chavi Mehta (Reuters) -IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT services was better than feared, sending shares up 3.5% after the bell. The company’s software and consulting businesses rose 6% and 8.2%, respectively, at constant currency...
Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit
Date: April 20, 2023
Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the interest expressed by Lufthansa in the upcoming privatisation of flag carrier TAP, but promised a level playing field and a transparent process for all contenders. Speaking to reporters alongside visiting German Chancellor Olaf Scholz,...
Lumen Research and TVision Announce Global Partnership for Advanced Attention-First Measurement and Media Buying
Date: April 19, 2023
LONDON, Wednesday 19th April: Lumen Research, the global attention technology company, recently announced a new partnership with TVision, the leading solution for CTV and linear TV attention measurement, to integrate TV and CTV attention metrics with the Lumen Attention Measurement Platform and optimise media buying with an attention model based on Lumen’s predictive eye-tracking technology....