April 28 Reuters Deutsche Bank said on Friday it had agreed to buy Numis Corp, a Londonbased institutional stockbroker and corporate adviser, for about 410 million pounds 511.2 million as the German company deepens links with the UK corporate client segment. The 350 pencepershare, allcash offer represents a premium of 72 to Numis stock39;s Thursday close. […]

First quarter pretax profit 1.8 bln Deposits fall 19.8 bln on prior quarter Shares down 6 on cautious outlook LONDON, April 28 Reuters British bank NatWest reported a 20 billion pound fall in deposits in the first quarter as consumers faced with a cost of living crisis forked out on steeper bills and shopped around for […]

202223 underlying pretax profit 690 mln stg Expects profit of 640700 mln stg in 202324 Has started new year 39;with great momentum39; LONDON, April 27 Reuters British supermarket group Sainsbury39;s has started its new financial year with great momentum despite a still uncertain outlook for consumer spending, forecasting a profit outcome ahead of market expectations. Britons […]

MOSCOW, April 27 Reuters Russia39;s No. 2 lender VTB on Thursday posted first quarter net profit of 146.7 billion roubles 1.8 billion and kept its forecast for record profits this year as the bank recovers from a 7.7 billion sanctionsinduced loss in 2022. VTB, heavily exposed to international markets and with more than 20 of its […]

MADRID, April 27 Reuters Repsol Chief Executive Josu Jon Imaz on Thursday pledged to distribute at least 2.4 billion euros 2.65 billion to shareholders this year, including via a new share buyback in the summer. Shareholders will receive 30 of the cash flow generated by Repsol39;s operations, representing the upper end of the 2530 distribution range […]

Firstquarter pretax profit up 16 Shares rise 4 in early trading Income from investment banking fees dips by 7 LONDON, April 27 Reuters Barclays reported better than expected firstquarter profit of 2.6 billion pounds 3.24 billion on Thursday after strong performance at its credit card business offset pressure on other profit engines, including investment banking. The […]

BERLIN, April 27 Reuters Stock exchange operator Deutsche Boerse on Thursday announced a 3.9 billion euro 4.31 billion takeover offer for Danish investment management software company SimCorp SA, as it looks to diversify its business. Shares in Deutsche Boerse dropped more than 6 after the German company announced the allcash deal at 735 Danish crowns 109.04 […]

BEIJINGSHANGHAI, April 27 Reuters Chinese electric vehicle giant BYD Co. posted a fivefold jump in its firstquarter profit on Thursday as the company consolidated its leadership in the domestic market. Net profit for the first three months of the year was 4.13 billion yuan 596.56 million, up 410.9 from 808.41 million yuan a year earlier, on […]

JanuaryMarch operating profit down 95 Q2 recovery expected to be limited Samsung spends biggest capex for any first quarter despite loss Samsung to keep chip investment similar to 2022 SEOUL, April 27 Reuters Samsung Electronics Co Ltd flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported a […]

April 27 Reuters Geely39;s EV brand Zeekr is the latest to join a growing list of automakers that have turned to the gigapress die casting technique pioneered by Tesla to slash the cost of electric cars. Zeekr39;s manufacturing technology chief Jiang Kehong told Reuters the Chinese carmaker had started using massive aluminium die casts to […]