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Top StoriesE.on to Hit Upper End of 2023 Outlook After Strong Q1
King Charles Greets Wellwishers Outside Palace Before Coronation
Date: May 5, 2023
King Charles greets wellwishers outside palace before coronation LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishers outside Buckingham Palace in central London on Friday, a day before Charles’ formal coronation ceremony. Charles left the palace gates in his royal car before stopping halfway down the Mall, where fans are camped out ahead...
Dsm Misses Q1 Forecasts Due to Weak Volumes and High Costs
Date: May 2, 2023
DSM misses Q1 forecasts due to weak volumes and high costs (Corrects company description in 5th paragraph) (Reuters) – Dutch specialty chemicals maker DSM’s first-quarter profit and sales missed expectations on Tuesday, hit by weak volumes, persistently high inflation and low vitamin prices. DSM and Firmenich reported quarterly results separately for the last time ahead...
Marketmind: Fresh Spur From Meta and Europe’s Banks
Date: April 27, 2023
Marketmind: Fresh spur from Meta and Europe’s banks A look at the day ahead in U.S. and global markets from Mike Dolan The Big Tech earnings season is going some way to justifying the striking outperformance of its mega cap shares this year, with Meta Platforms the latest to impress overnight and Amazon advancing ahead...
Anglo American’s First-Quarter Copper Output Rises 28%
Date: April 25, 2023
Anglo American’s first-quarter copper output rises 28% LONDON (Reuters) -Anglo American’s overall first-quarter production rose 9% from a year earlier, helped by a 28% jump in copper output from the ramp-up of its Quellaveco mine in Peru and improvement in its steelmaking coal operations, it said on Tuesday. The London-listed miner said it produced 178,000...
Norway Sovereign Fund Backs Teck Resources in Battle With Glencore
Date: April 21, 2023
Norway sovereign fund backs Teck Resources in battle with Glencore OSLO (Reuters) -Norway’s sovereign wealth fund, one of the world’s largest investors, said on Friday it will support a plan by Canadian miner Teck Resources to spin off its metallurgical coal business and focus on copper and zinc. By voting in favour of the Teck...
GSK-spinoff Haleon Forecasts 2023 Organic Revenue Growth at Top-End of View
Date: April 20, 2023
GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view (Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it said on Thursday, on strong demand and the restocking of its respiratory health products due to a bad cold and flu season. The company,...