Forecasts 60 mln stg in costs after budget Sales up 5.9 in first 14 weeks of fiscal year Chairman confident of reasonable outcome for year Nov 6 Reuters Pub group J D Wetherspoon said on Wednesday that measures in Britain39;s recent budget would increase its taxes and business costs by 60 million pounds 77.12 million for […]

Nov 6 Reuters Tesla shares surged 12 in premarket trading on Wednesday as Republican Donald Trump claimed victory in the U.S. presidential race against Democratic Vice President Kamala Harris. The electricvehicle maker39;s billionaire CEO, Elon Musk, has been an outspoken Trump supporter this year and has endorsed the former president throughout the electoral campaign. Musk has also promoted […]

TOKYO, Nov 6 Reuters Japanese trading house Itochu on Wednesday posted 438.4 billion yen 2.9 billion in net profit for the six months to endSeptember, up 6 from a year earlier, on nonresource items including food and the FamilyMart convenience store chain. Itochu kept its net profit forecast for the fiscal year unchanged at 880 […]

Nov 6 Reuters Italian luxury sports car maker Lamborghini posted on Wednesday ninemonths revenue that was up by 20 to 2.43 billion euros 2.60 billion, driven by a solid order backlog and high demand for all models. The firm delivered 8,411 cars in the first nine months of 2024, an 8.6 increase compared to same […]

MILAN, Nov 6 Reuters UniCredit raised its profit outlook on Wednesday and said it would start paying out half of its net income to investors in cash from next year, after posting a higherthanexpected net profit for the third quarter. UniCredit, Italy39;s secondbiggest bank by assets, is awaiting supervisory approval to become the main investor in […]

Nov 5 Reuters When Reuters reported in April that Tesla had scrapped plans for a longpromised, nextgeneration 25,000 electric vehicle, the automakers stock plunged. Chief Executive Elon Musk rushed to respond on X, his socialmedia network. Reuters is lying, he posted, without elaborating. Teslas stock recovered some of its losses. Six months later, Musk appears […]

Says consumers have a little more spending power Primark trading improved after Sept. 5 update Trading strong in Sept. and most of Oct. UK govt tax changes to cost 39;tens of millions39; of pounds LONDON, Nov 5 Reuters Budget clothing retailer Primark is expecting to trade well in the runup to Christmas, the boss of […]

WARSAW, Nov 5 Reuters Polish oil and gas company Orlen said on Tuesday its Olefins petrochemicals project will not generate positive cashflow in future as it again wrote down the value of the flagship investment started by the group39;s former management. According to its preliminary third quarter earnings published on Tuesday, Orlen wrote down 912 million […]

Adj EBITDA at 638 mln euros, matching analyst forecasts Car shipments down 2 in Q3 to 3,383 units Confirms forecasts for FY 2024 results Shares down on Tuesday, but up 40 this year MILAN, Nov 5 Reuters A richer model lineup and increased demand for personalisation continued to support growth at Ferrari, which on Tuesday […]

Nov 5 DuPont de Nemours raised its fullyear profit forecast above Street estimates on Tuesday after the industrial materials maker beat thirdquarter earnings target on strong demand for electronics and artificial intelligencebased technology. New orders improved in the U.S. manufacturing sector in September, primarily driven by an AI surge and increased China demand, which helped DuPont raise […]