PARIS, April 26 Reuters Airbus has changed the leadership of its A320family jetliner programme, the profit backbone of the world39;s largest planemaker, as it faces a steep production rampup in the face of industrial pressures, industry sources said on Wednesday. Current programme leader Michael Menking has been appointed head of special projects for the planemaker39;s core […]

PARIS, April 26 Reuters Danone, the world39;s largest yoghurtmaker, raised its 2023 outlook on Wednesday after it managed to pass on increased costs through price rises and firstquarter sales growth was the fastest in a decade. Danone, which expects prices to peak this year and also anticipates productivity gains, kept its forecast for a moderate […]

April 25 Reuters Microsoft Corp beat Wall Street39;s estimates for quarterly revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses, and the company said artificial intelligence products were stimulating sales. The company forecast revenue in its main segments for the current quarter would match or top Wall Street […]

STOCKHOLM, April 26 Reuters Telecom operator Telia on Wednesday reported firstquarter core earnings above market expectations, helped by cost cuts and growth in its telecom business in the Nordic markets. Adjusted EBITDA earnings before interest, tax, depreciation and amortisation rose to 7.26 billion Swedish crowns 705.20 million from 7.20 billion crowns a year earlier. Analysts had […]

LGES receives requests from automakers in light of IRA Expects Chinese rivals to face challenges entering U.S. Shares rise after Q1 profit meets forecasts SEOUL, April 26 Reuters South Korea39;s LG Energy Solution said on Wednesday quarterly profit more than doubled, as the battery maker benefited from subsidies from the U.S. Inflation Reduction Act and solid […]