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 […]

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 […]

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 […]

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 […]

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 […]

Saw big demand uptick in all sectors in Q4 Orders grew much more strongly than revenues Expects market to stay stable at start of 2022 Sees positive market momentum this year ZURICH, Feb 3 Reuters ABB expects supply chain bottlenecks to ease during 2022, the Swiss engineering group said on Thursday, after shortages of semiconductors hurt […]

Feb 7 Reuters Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the United States and focus on making electric vehicles, the Nikkei business daily reported on Monday. The automaker will continue limited development of its gasoline engines for its U.S. market, mainly for pickup trucks, according to […]

Hayvn aims for 500 million under management by midyear Firm seeks 150 million in IPO valuing it at 1.5 billion Gulf funds scoped for asset management, equity investments Series B funding aims to raise 30 million DUBAI, Feb 9 Reuters Abu Dhabibased crypto trading firm Hayvn is in talks with institutional investors to anchor a […]

PARIS, Feb 9 Reuters French sugar and ethanol group Tereos on Wednesday reported a jump in thirdquarter core earnings as high prices helped offset a poor harvest in Brazil. Tereos, the world39;s second largest sugar maker by volume, said adjusted earnings before interest, tax, depreciation and amortisation EBITDA for the quarter ending Dec. 31 rose […]

Feb 9 Reuters Uber Technologies Inc on Wednesday reported its second quarterly operating profit as demand for its ridehailing service approached prepandemic levels and its food delivery business turned profitable for the first time. Shares were up nearly 6 in afterhours trading. The company39;s firstquarter outlook fell short of Wall Street expectations as the Omicron coronavirus […]