LONDON, July 22 Reuters Lloyd39;s of London insurer Beazley on Friday reported firsthalf profits fell on hits to its investment portfolio from market volatility, but raised its fullyear profitability guidance on an increase in cyber risk premiums. Beazley, a major cyber insurer, said it now expects its combined ratio a measure of an insurer39;s profitability to […]

STOCKHOLM, July 22 Reuters Swedish Match, which is the target of an agreed 16 billion bid by Philip Morris International Inc, on Friday reported secondquarter operating profit just above market expectations, aided by growth in the United States. Operating profit rose to 2.23 billion Swedish crowns 22.47 million from 1.96 billion a year earlier. Analysts […]

Woodside pares production outlook, excluding BHP assets Calls off stake sale in Sangomar oil project Delays Mexico Trion oil project decision to 2023 Shares drop 4 MELBOURNE, July 21 Reuters Australia39;s Woodside Energy Group Ltd trimmed its production outlook for 2022 on Thursday and flagged a possible delay to a U.S. oil project inherited with BHP […]

STOCKHOLM, July 21 Reuters SAP shares fell 4 on Thursday after the Gerban business software maker trimmed its profit outlook for the year citing charges related to the war in Ukraine. It lowered its 2022 adjusted profit outlook to between 7.6 billion and 7.9 billion euros, from a range of 7.8 billion to 8.25 billion euros. […]

Net interest income up 5.5 yy in Q2, above analysts39; forecasts Net profit rises 21 to 117 mlns, above forecasts of 101 mlns Shares rise 2 MADRID, July 21 Reuters A rise in lending income, boosted by steady growth in the total loan book and an improvement in customer spreads, drove a recovery in financial […]

Expects chip shortage to ease in second half of 2022 Q2 operating profit beats estimates Net sales 5.87 bln euros vs est 5.60 bln euros Says passing cost increases to all new contracts Shares up as much as 7 STOCKHOLM, July 21 Reuters Finnish telecom equipment maker Nokia said it expects the global semiconductor shortage to […]

July 19 Reuters Chinese authorities are preparing to impose a fine of more than 1 billion on ridehailing firm Didi Global , people familiar with the matter said on Tuesday, a move that could bring an end to a probe into the firm39;s cybersecurity practices. The people said the fine would be more than 8 […]

STOCKHOLM, July 20 Reuters Nordic telecom operator Telia reported on Wednesday quarterly core earnings that exceeded market expectations, helped by growth in its mobile business and a tight lid on costs. The company, which offers mobile connections, broadband and television services in Scandinavian countries and the Baltics, also repeated its 2022 forecast despite inflation boosting costs […]

SHANGHAI, July 19 Reuters Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama Sex and the City, said on Tuesday it has won a legal battle in China to use its own name, paving the way for the brand39;s expansion across the country. The company, named after […]

July 19 Reuters Tesla Inc39;s secondquarter results on Wednesday are expected to show the strains of China39;s COVID19 lockdown and protracted startups of new factories. Investors want to know if the end of the year will be much better. Tesla has started layoffs, following through on a plan by Chief Executive Elon Musk, who said he […]