Russia39;s Sberbank posts 78.3 drop in profit for 2022 CEO expects 2023 profit near record level of precrisis year Sberbank likely to resume dividend payments CEO This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, March 9 Reuters Russia39;s dominant lender Sberbank expects profits to rebound […]

CINCINNATI, Ohio, March 9 Reuters General Electric Co on Thursday reiterated its earnings outlook for this year as booming demand at its aerospace business is expected to make up for challenges at the company39;s renewable energy business. Ahead of an investor meeting later in the day, the company said it expected an adjusted earnings of 1.60 […]

SEC raised questions about bank39;s earlier financial statements SEC questions concern consolidated cash flow statements, related controls Bank says 2022 financial results 39;not impacted39; Analyst describes bank as 39;major construction site39; ZURICH, March 9 Reuters Credit Suisse has postponed publication of its annual report after a lastminute call from the United States Securities and Exchange […]

Received statement of objections from Brussels CEO Obtained three serious offers for Editis CEO Reports annual loss on Telecom Italia, Editis impairment Vincent Bollore to fully leave board March 8 Reuters French media group Vivendi hit antitrust hurdles in its quest to take over media group Lagardere, its chief executive said on Wednesday, as the company […]

MEXICO CITY, March 7 Reuters Walmart39;s unit in Mexico and Central America, known as Walmex, plans to boost spending in the region 27 from last year to total around 27 billion pesos 1.49 billion in 2023, it said on Tuesday. Just under half of the investment will go to remodeling and maintenance on existing stores, […]

LONDON, March 9 Reuters MG39;s newly installed chief executive Andrea Rossi said on Thursday his asset management and insurance business was capable of boosting profits independently, and had no plans to engage with predators reportedly circling the company. The firm was linked in a media report recently to a potential takeover bid by Australian investment bank Macquarie […]

LONDON, March 9 Reuters Aviva hiked its payouts to investors on Thursday, including a pledged 300 million pound 355 million share buyback, after navigating a volatile year in its key markets amid pressure from activist investor Cevian to boost returns. The British insurer and asset manager said it had paid more than 5 billion pounds to […]