financial management

Image for Poland’s Orlen sees no positive cashflow from Olefins project
Business

Poland’s Orlen sees no positive cashflow from Olefins project

By Marek Strzelecki WARSAW (Reuters) – Polish oil and gas company Orlen said on Tuesday its Olefins...

5th November, 2024

Image for Shares of Sweden’s SBB plummet after report encouraging investors to sell
Investing

Shares of Sweden’s SBB plummet after report encouraging investors to sell

STOCKHOLM (Reuters) -Shares in Swedish property group SBB tumbled as much as 27% on Monday with anal...

5th November, 2024

Image for Nintendo cuts annual profit forecast 10% as Switch sales slow
Investing

Nintendo cuts annual profit forecast 10% as Switch sales slow

By Kiyoshi Takenaka TOKYO (Reuters) -Nintendo cut its operating profit forecast for the year to Marc...

5th November, 2024

Image for Zalando sales and profit margin rise on stronger demand
Business

Zalando sales and profit margin rise on stronger demand

By Linda Pasquini and Helen Reid (Reuters) -Zalando on Tuesday reported a higher profit margin for t...

5th November, 2024

Image for UK’s ASOS forecasts profit jump in 2025
Investing

UK’s ASOS forecasts profit jump in 2025

LONDON (Reuters) – British online fashion retailer ASOS said it expected adjusted earnings to rise b...

5th November, 2024

Image for French conglomerate Bouygues posts 9-month core profit slightly above forecast
Finance

French conglomerate Bouygues posts 9-month core profit slightly above forecast

(Reuters) – French construction-to-telecoms group Bouygues posted nine-month core earnings slightly...

5th November, 2024

Image for Musk and X are epicenter of US election misinformation, experts say
Top Stories

Musk and X are epicenter of US election misinformation, experts say

By Kanishka Singh and Sheila Dang WASHINGTON (Reuters) -False or misleading claims by billionaire El...

5th November, 2024

Image for UK consumer spending slowed before last week’s budget, retailers say
Trading

UK consumer spending slowed before last week’s budget, retailers say

LONDON (Reuters) – British consumer spending grew only modestly last month as uncertainty in the run...

5th November, 2024

Image for Shein’s European entity reports 68% sales growth in 2023
Business

Shein’s European entity reports 68% sales growth in 2023

By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce...

5th November, 2024

Image for EU must spend 39 billion euros a year for net zero transport targets, campaign group says
Finance

EU must spend 39 billion euros a year for net zero transport targets, campaign group says

By Alessandro Parodi (Reuters) – Europe needs to spend 39 billion euros ($42.46 billion) a year to r...

5th November, 2024

Image for Nine facts about American music supremo Quincy Jones
Top Stories

Nine facts about American music supremo Quincy Jones

(Reuters) -Few people in the music world can match the accomplishments of Quincy Jones, who died on...

4th November, 2024

Image for U.S music supremo Quincy Jones, who worked with Sinatra and Jackson, dies aged 91
Top Stories

U.S music supremo Quincy Jones, who worked with Sinatra and Jackson, dies aged 91

By Bill Trott (Reuters) – Quincy Jones, the man known simply as “Q,” was a huge influence on America...

4th November, 2024