Sainsburys to Beat Market Forecasts this Year

202223 underlying pretax profit 690 mln stg Expects profit of 640700 mln stg in 202324 Has started new year 39;with great momentum39; LONDON, April 27 Reuters British supermarket group Sainsbury39;s has started its new financial year with great momentum despite a still uncertain outlook for consumer spending, forecasting a profit outcome ahead of market expectations. Britons […]
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Deutsche Boerse Offers 4.3 Billion for Denmarks SimCorp

BERLIN, April 27 Reuters Stock exchange operator Deutsche Boerse on Thursday announced a 3.9 billion euro 4.31 billion takeover offer for Danish investment management software company SimCorp SA, as it looks to diversify its business. Shares in Deutsche Boerse dropped more than 6 after the German company announced the allcash deal at 735 Danish crowns 109.04 […]
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Barclays Beats Profit Expectations on U.S. Credit Card Boom

Firstquarter pretax profit up 16 Shares rise 4 in early trading Income from investment banking fees dips by 7 LONDON, April 27 Reuters Barclays reported better than expected firstquarter profit of 2.6 billion pounds 3.24 billion on Thursday after strong performance at its credit card business offset pressure on other profit engines, including investment banking. The […]
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Repsol Pledges Bigger Payouts for Shareholders

MADRID, April 27 Reuters Repsol Chief Executive Josu Jon Imaz on Thursday pledged to distribute at least 2.4 billion euros 2.65 billion to shareholders this year, including via a new share buyback in the summer. Shareholders will receive 30 of the cash flow generated by Repsol39;s operations, representing the upper end of the 2530 distribution range […]
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US Lifts Import Ban on Malaysias Smart Glove

KUALA LUMPUR, April 27 Reuters The United States lifted a 17month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices. U.S. Customs and Border Protection CBP in November 2021 sanctioned imports from Smart Glove and its group of companies over the alleged use of forced labour at […]
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