First half profit down 87 Excluding Russia, full year guidance maintained Shares reverse early losses to trade up 2 LONDON, April 12 Reuters Supply chain snags hammered firsthalf profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be disrupted by surging inflation. Shares in the company, […]

April 11 Reuters Canadian ecommerce giant Shopify Inc on Monday announced a 10for1 split of its class A and class B stock, joining a growing list of companies that have split their shares to make them more attractive for investors. Shopify also said it would seek shareholder approval to authorize a new class of shares, […]

BERLIN, April 11 Reuters MercedesBenz aims to halve its CO2 emissions by 2030, the carmaker said on Monday, providing a halfway goal to its existing target of becoming CO2 neutral by 2039. The company will also work towards covering 70 of the energy it needs for production with renewable energy by 2030, up from 4550 at […]

HELSINKI, April 11 Reuters Russia39;s stateowned nuclear power supplier Rosatom and its Finnish unit RAOS Project will proceed with a planned nuclear plant in Finland, RAOS said on Monday, despite uncertainty over government permits since Russia39;s invasion of Ukraine. Rosatom and RAOS Project continue fulfilling their obligations under signed agreements and contracts relating to the […]

April 11 Reuters Private equity firm Thoma Bravo will acquire SailPoint Technologies for 6.12 billion, in a deal that underscores a heightened demand for security software as businesses continue to digitize their operations. A pandemicled shift to remote working, as well as the RussiaUkraine conflict, has fueled a spike in cyberattacks and bolstered demand for security […]

OSLO, Feb 2 Reuters Norway39;s Telenor said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last year, as it posted quarterly profits below forecasts. Adjusted earnings before interest, tax, depreciation and amortisation EBITDA for OctoberDecember fell 6.5 yearonyear to 11.7 billion Norwegian crowns 1.33 billion, while analysts in […]

Feb 1 Reuters Google parent Alphabet Inc reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets. Alphabet39;s shares jumped more than 8 in afterhours trading, also rising on the company39;s announcement that it would undertake […]

Quarterly net profit rises to 2.28 bln euros Bank reports fullyear 2021 net profit after 2020 loss Results are in line with analysts39; forecasts ROTE target of 13, efficiency ratio of about 45 in 2022 MADRID, Feb 2 Reuters Spain39;s Santander released 750 million euros 846 million in pandemicrelated provisions in the fourth quarter, betting on […]

STOCKHOLM, Feb 2Reuters Swedish lender Swedbank reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4. After tracking a robust recovery from the first waves of the COVID19 pandemic through much of 2021, Nordic economies hit a bump in the road […]

LONDON, Feb 2 Reuters Vodafone, the telecoms group targeted by activist investor Cevian Capital, said it was working to improve shareholder returns by tackling weaker parts of its business, as it reported a rise in quarterly revenue. Chief Executive Nick Read said Vodafone had delivered a solid quarter, with a 2.7 rise in thirdquarter group […]