Service revenue in Germany falls 0.5 in Q1 Group service revenue up 2.5, helped by inflation in Turkey Says making progress towards stabilising Germany Shares down 0.2 LONDON, July 25 Reuters Vodafone reported a drop in service revenue in its largest market Germany in the first quarter, reflecting broadband and TV losses after a new law […]

HELSINKI, July 22 Reuters Shares in Stora Enso skidded 9 on Friday after the FinnishSwedish forestry company blamed logistics bottlenecks and cooling pulp and timber markets for less buoyant than expected secondquarter earnings. The maker of pulp, packaging, wood construction materials and other forestry products said its AprilJune comparable operating profit rose 39 to 505 […]

LONDON, July 22 Reuters BNP Paribas39; global head of prime services Ashley Wilson has resigned, the bank confirmed late on Thursday in response to a Reuters report. BNP Paribas would like to extend our thanks and best wishes to Ashley Wilson as he pursues opportunities outside of the bank, a spokesperson for the French lender said. […]

July 21 Reuters Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for 3.49 billion, expanding the ecommerce giant39;s virtual healthcare and adding brickandmortar doctors39; offices for the first time. The allcash deal would combine two relatively small players as Amazon continues a yearslong march into U.S. healthcare, seeking to grow at a faster […]

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 […]

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 […]

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 […]