Author Archives: Syndicated Content
Telenor tops Q3 profit expectations, narrows 2023 outlook
OSLO (Reuters) - Norwegian telecoms operator Telenor on Wednesday reported third-quarter earnings above expectations, supported by growing mobile service revenue and lower energy prices in the Nordics...
Oct 25, 2023
OVH forecasts lower revenue growth in 2024 amid tough backdrop
(Reuters) -OVHcloud on Wednesday forecast lower organic growth in the next fiscal year, citing uncertain macroeconomic conditions continue to dent the French cloud services provider's operations. OVH ...
Oct 25, 2023
Shares in French payment company Worldline sink by 50% as it cuts targets
(Reuters) -Shares in Worldline shed more than half of their value on Wednesday after the French payment company cut its full-year targets as the economic slowdown hurt its business in key markets incl...
Oct 25, 2023
Dassault Systemes hikes profit target as subscriptions surge
(Reuters) -French software maker Dassault Systemes on Wednesday hiked its 2023 profit outlook after a surge in subscription sales in the third quarter, sending its shares up 6%. Total revenue increase...
Oct 25, 2023
Amazon Web Services to launch European sovereign cloud
STOCKHOLM (Reuters) - Amazon Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries. The sovereign cloud will store...
Oct 25, 2023
BoE likely to keep high rates on hold even as signs of slowdown mount
By William Schomberg LONDON (Reuters) - The Bank of England looks set to keep interest rates on hold next week but also stress that it is far from relaxing its fight against Britain's high inflation r...
Oct 25, 2023
Zara owner Inditex invests in US polyester recycling start-up
By Corina Pons and Helen Reid MADRID/LONDON (Reuters) - Zara owner Inditex, the world's biggest clothing retailer, has agreed to invest in and buy recycled polyester from U.S. start-up Ambercycle, acc...
Oct 25, 2023
Australian court finds Carnival misled about cruise's COVID risks in landmark ruling
SYDNEY (Reuters) - Carnival Corp's Australian unit has been ordered to pay the medical expenses of a woman who contracted COVID-19, with a judge ruling that the cruise ship operator misled passengers ...
Oct 24, 2023
Deutsche Bank Q3 net profit down 8%, but better than expected
FRANKFURT (Reuters) -Deutsche Bank posted an 8% drop in third-quarter profit that was not as steep as analysts had expected, as revenue at the investment bank slumped but grew at the retail and corpor...
Oct 24, 2023
LG Display posts sixth straight quarterly loss
SEOUL (Reuters) - South Korean flatscreen maker LG Display posted on Wednesday its sixth consecutive quarterly loss, hit by continued weakness in premium TV demand. The Apple supplier posted an operat...
Oct 24, 2023
