BARCELONA, Nov 11 Reuters Spain39;s Cellnex, Europe39;s largest mobile phone tower operator, on Monday reported a 6.1 hike in adjusted core earnings in the first nine months of the year as revenues grew 7 to 2.9 billion euros 3.11 billion thanks to the deployment of more towers. Cellnex booked a narrower net loss of 140 […]

Nov 8 Reuters Life Insurance Corporation of India LIC, the country39;s biggest insurer, posted a 3.8 fall in secondquarter profit on Friday as it paid out higher benefits, while new business margins for the halfyear expanded. LIC39;s profit after tax fell to 76.21 billion rupees 903.6 million for the quarter ended Sept. 30 from 79.25 […]

Nov 8 Reuters Indian miner Vedanta Ltd posted a biggerthanexpected secondquarter profit on Friday buoyed by higher metals prices even as demand was sluggish. The conglomerate, led by billionaire Anil Agarwal, reported consolidated net profit of 43.52 billion rupees about 516 million for the September quarter, which surpassed analysts39; average estimate of 23.67 billion rupees, as […]

French wine output seen at 36.9 million hectolitres, down 23 Champagne region most affected with 46 drop in production All types of wines affected PARIS, Nov 8 Reuters France39;s wine output is expected to fall by nearly a quarter this year after adverse weather hurt vineyards throughout the cycle with the Champagne region most hit, […]

Inter IKEA revenues down 8.9 to 26.5 bln euros Net profit jumps to 2.2 bln euros IKEA brand owner lowered prices by 15 on average Franchisor signs deal to acquire stores in Baltics LONDON, Nov 8 Reuters Inter IKEA, the owner of the world39;s biggest furniture brand, reported higher profits for 2024 thanks to lower […]

Nov 7 Reuters Private equity firm KKR has become the largest shareholder in Japanese software developer Fuji Soft after completing the first stage of a twopart tender offer, KKR said in a statement on Thursday. The U.S. firm acquired 21.4 million shares, and secured control over 90 of outstanding share options of Fuji Soft, it said. On […]

LISBON, Nov 8 Reuters Portugal39;s government plans to resume the sale of flag carrier TAP in 2025, the country39;s infrastructure minister said, after receiving interest from more than a dozen potential buyers. A previous Socialist administration approved the privatisation of at least 51 of TAP in September 2023, but the sale did not go ahead […]

Nov 8 Reuters State Bank of India, the country39;s largest lender, reported a rise in secondquarter profit on Friday, helped by healthy core lending income. The staterun lender39;s net profit rose 28 to 183.31 billion rupees 2.17 billion compared with 143.3 billion rupees a year ago. That exceeded analysts39; expectation of 161.89 billion rupees, as […]

ZURICH, Nov 8 Reuters Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset tougher conditions in China with growth elsewhere. The owner of Swiss watchmakers including IWC, JaegerLeCoultre and Piaget said sales fell by 1 at constant exchange rates to 4.81 billion euros 5.19 billion, slightly […]

Shares rise as market welcomes new CEO39;s plans Confirms forecasts on FY results Adj. Industrial EBIT down to 167 mln euros in Q3 MILAN, Nov 7 Reuters Iveco Group said on Thursday it would accelerate plans to cut costs and improve efficiency as it reported a 12.6 decline in its thirdquarter operating profit due to a […]