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BankingUnwelcome in Germany, UniCredit CEO Zeroes in on Italy
BankingWorldline Says Payment Services Disruptions in Italy Not yet Resolved
BankingGlobal Banking & Finance Review® Honors I&m Bank (Rwanda) Limited as Best Retail Bank Rwanda 2024 and Best Sme Bank Rwanda 2024
BankingExclusive – HSBC Pulling Back From China Credit Card Business After Struggling to Expand, Sources Say
Cfm Juggles Engine Supply in Boost to Airbus, Sources Say
Date: November 28, 2024
By Tim Hepher MUNICH (Reuters) – Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-of-year targets, three people familiar with the matter said. This month’s agreement follows a tug of war for scarce engines or parts between planemakers and repair...
UK Watchdog Says Supermarket Loyalty Scheme Prices Offer Genuine Savings
Date: November 27, 2024
By James Davey LONDON (Reuters) -British supermarket prices offered through loyalty schemes provide genuine savings, the competition regulator ruled on Wednesday, providing a boost to the major players who are increasingly relying on them to attract shoppers. Loyalty schemes such as market leader Tesco’s “Clubcard Prices” and No. 2 Sainsbury’s “Nectar Prices” offer significantly lower...
EasyJet Expects to Fly More Passengers in 2025, Shares Hit 8-month Highs
Date: November 27, 2024
By Joanna Plucinska and Yadarisa Shabong LONDON (Reuters) – EasyJet is looking to fly more passengers in its 2025 financial year, helping the budget airline’s shares to hit their highest level in nearly eight months. The company on Wednesday forecast a 3% increase in capacity in its next financial year after reporting a strong increase...
EasyJet Reports Weaker Annual Profit, Looks Positively Towards 2025
Date: November 27, 2024
By Joanna Plucinska and Yadarisa Shabong LONDON (Reuters) -EasyJet said on Wednesday that it expects its capacity to increase by 3% in fiscal 2025 after reporting a smaller-than-expected annual operating profit due to disruptions from the ongoing conflict in the Middle East. European airlines, such as Lufthansa and Air France-KLM, have struggled this year to...
Britain’s Ao World Raises Annual Profit Outlook After First-Half Rise
Date: November 26, 2024
LONDON (Reuters) -British online electricals retailer AO World raised its annual profit outlook as it reported a 30% rise in first-half profit that reflected a return to double-digit revenue growth in its main business-to-consumer operation. AO, a seller of washing machines, fridge freezers, cookers, TVs, laptops and mobile phones, said on Tuesday customers were “responding...
Brazil Meatpackers Halt Supply to Carrefour Local Unit as CEO Faces Backlash
Date: November 26, 2024
SAO PAULO (Reuters) -Brazilian meatpackers have stopped supplying the Carrefour group in Brazil, its local unit said on Monday, after the retailer’s global CEO vowed to keep South American meat off its shelves in France, sparking backlash from meat producers. Unfortunately, the decision to suspend meat supply impacts our customers, especially those who trust us...