FRANKFURT, July 27 Reuters BASF on Wednesday lifted its guidance for fullyear revenue as it continues to pass on higher raw material and energy prices to customers, but it flagged production outage risks in Europe if Russian gas supplies drop further. The major chemicals maker also said the effects of the war in Ukraine and any […]

Q2 EBIT rises 34.4 yy to 146 million euros Exceeds 2 bln euros in quarterly sales for first time Raises fullyear 2022 revenue outlook BERLIN, July 27 Reuters German sportswear maker Puma reported stronger than expected secondquarter earnings on Wednesday on very strong growth across its product range and raised its revenue outlook for the fullyear […]

WBC targets to reduce Scope one and two emissions by 90 in 2030 Aims to cut Scope three emissions by 35 by 2030 Set to launch 10minute mortgage approval process July 27 Reuters Australia39;s Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by […]

LGES raises annual revenue target by 15 to 22 trln won Looking into new production site in Europe Says it is still reviewing Arizona investment Plans to expand LFP battery production in China, U.S. SEOUL, July 27 Reuters Tesla supplier LG Energy Solution Ltd LGES said on Wednesday it was looking at sites in Europe for […]

Q2 lfl sales up 7.7 vs est. 5.6 growth Danone now eyes 56 lfl sales growth in 2022 Danone keeps outlook for 2022 op. margin above 12 PARIS, July 27 Reuters Danone raised its annual revenue growth forecast after its secondquarter likeforlike sales beat analysts39; estimates on strong demand for baby food and bottled water, even […]

Eighth quarter of profit Abandons cost target for 2022 Cuts investment bank 2022 revenue outlook More cautious on 2022 ROTE target CEO warns months ahead challenging FRANKFURT, July 27 Reuters Deutsche Bank posted a betterthanexpected 51 rise in secondquarter profit on Wednesday as investment banking revenues rose, though the lender was less optimistic about the division39;s […]

MILAN, July 27 Reuters Italy39;s Eni said it would receive about 27 million cubic metres of gas from Russia39;s Gazprom on Wednesday, down from the daily average volumes of around 34 million in recent days. Eni added it would provide further updates in the event of significant changes in delivery volumes communicated by Gazprom. On Monday statecontrolled […]