Author Archives: Syndicated Content
Lanxess sees 2021 profits at lower end of range, warns on costs
(Reuters) -German speciality chemicals maker Lanxess said on Thursday it expects its 2021 core profit to come at the lower end of its guidance range, warning that increased energy, raw material and fr...
Nov 04, 2021
Commerzbank expects full year profit after strong Q3
FRANKFURT (Reuters) - Germany's Commerzbank on Thursday said that it swung to a better-than-expected third-quarter net profit and would achieve a profit for the full year, defying analysts predictions...
Nov 04, 2021
Credit Suisse pares back investment banking, sharpens focus on rich
By John O'Donnell and Michael Shields FRANKFURT/ZURICH (Reuters) - Credit Suisse will pare back its investment bank and focus on building its wealthy client base, the Swiss bank said on Thursday, as i...
Nov 04, 2021
Credit Suisse Q3 net profit falls 21%, sees Q4 loss
ZURICH (Reuters) - Credit Suisse posted a 21% fall in third-quarter net profit to 434 million Swiss francs ($476 million), hit by a higher tax rate and a 214 million Swiss franc charge to settle alleg...
Nov 04, 2021
NBA roundup: Nets pull away from Hawks
Kevin Durant scored 15 of his 32 points in the third quarter when the Brooklyn Nets surged ahead and pulled away for a 117-108 victory over the Atlanta Hawks on Wednesday night in New York. Durant als...
Nov 04, 2021
ING Bank Q3 earnings rise on fee income, lending margins
AMSTERDAM (Reuters) -ING Groep NV on Thursday reported better-than-expected third-quarter pretax profit of 1.92 billion euros ($2.22 billion), due to fee growth and better commercial lending margins, ...
Nov 04, 2021
HeidelbergCement launches $579 savings programme after Q3 profit drop
FRANKFURT (Reuters) -HeidelbergCement, the world's No. 2 cement maker, launched a fresh 500 million euro ($579 million) savings programme to battle cost inflation, after higher energy costs caused a 1...
Nov 04, 2021
EBRD ups regional 2021 growth forecast to 5.5%, warns of inflation, pandemic bumps
By Karin Strohecker LONDON (Reuters) - The European Bank for Reconstruction and Development (EBRD) on Thursday lifted this year's growth forecast for the 37 countries in its region, but warned rising ...
Nov 04, 2021
Nordic fund KLP excludes 14 weapons companies on ethical grounds
OSLO (Reuters) - Norway's largest pension fund, KLP, said on Thursday it would no longer invest in 14 major weapons makers and their suppliers, including Raytheon Technologies Corporation and Rolls-Ro...
Nov 04, 2021
Johnson's COVID-19 gambit steers Britain into uncharted winter waters
By Alistair Smout and Andrew MacAskill LONDON (Reuters) - Inside the British hospital that saved Prime Minister Boris Johnson from COVID-19, intensive care nurse Dave Carr just wants out. "We are dead...
Nov 04, 2021
