market-capitalisation
Top StoriesDrahi Boosts Stake in Bt to 24.5%, Will Not Make an Offer
Top StoriesElevator Maker Kone Hikes Outlook as Q1 Profit, Orders Beat Forecasts
Top StoriesJust Eat Takeaway Raises 2023 Guidance, Launches Buyback
Top StoriesTesla Expands Discounts With Price Cuts in Europe, Singapore, Israel
Bootmaker Dr Martens Warns on Profit as Finance Chief Walks
Date: April 14, 2023
Bootmaker Dr Martens warns on profit as finance chief walks By Prerna Bedi (Reuters) -Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expected costs at a new Los Angeles (LA) distribution centre. The British company, whose pricey work boots have been fashionable since the 1960s, also said...
Mercedes Posts Rise in Q1 Sales Boosted by EVs, Premium Cars
Date: April 12, 2023
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales increased 3% to 503,500 vehicles, with Europe posting the strongest growth at 8%. The firm saw the biggest sales plunge in the rest of the world...
Analysis-Outlook for European Banks Left Clouded as Storm Abates
Date: March 31, 2023
By Joice Alves and Naomi Rovnick LONDON (Reuters) – European banking stocks were meant to shine in 2023. But after a two-week storm which had analysts and investors rushing to rework their spreadsheets, the outlook is clouded. Before the fall of Silicon Valley Bank (SVB) on March 10, stronger than expected euro zone economic data...
Finnish Businessman Zilliacus Ready to Pay Premium for Manchester United
Date: March 24, 2023
By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a bid for Manchester United and is willing to pay a premium for the English soccer club, the former Nokia executive told Reuters on Thursday. A small portion of the club’s shares is listed on the New York Stock Exchange. The market capitalization was...
Britain’s Superdry Sells Asia Pacific Ip for $50 Million
Date: March 22, 2023
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacific region to South Korea’s Cowell Fashion Company for $50 million, giving it a much-needed cash boost. The deal means Cowell will own and use the Superdry brand in its home market before extending to other...
Publisher Bloomsbury Casts Upbeat Forecast, Says Books ‘affordable Pastime’
Date: March 15, 2023
(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of expectations on Wednesday, encouraged by the robust demand for it fantasy novels and academic digital resources. “Throughout a year which has been characterised by rising inflation and cost of living pressure, it is notable that reading remains hugely popular throughout the world, with...