Nissan Expects 38 FullYear Profit Rise on Sales Outlook

TOKYO, May 11 Reuters Japan39;s Nissan Motor Co on Thursday said it expects profit to rise 38 this year on a better outlook for sales, a rosier prospect for the automaker after years of setbacks that included a strained alliance with partner Renault SA. The two car companies are now retooling their decadesold automaking partnership, dismantling […]
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Rivian Results Charge Up Shares amid EV Startup Gloom

May 10 Reuters Shares of Rivian Automotive Inc rose 7 on Wednesday as its positive earnings stood out in a poor quarter for electricvehicle startups, but analysts warned that stiff competition will be a hurdle in its path to profitability. The company looked set to add nearly 800 million to its market valuation, based on premarket […]
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IMF Delegation to Arrive in Sri Lanka on Thursday

COLOMBO, May 10 Reuters An International Monetary Fund IMF staff team will arrive in Sri Lanka on Thursday, a statement from the global lender said as the crisishit country prepares for the first review of a loan programme in September. The delegation will visit Sri Lanka during May 1123 as part of regular consultations ahead […]
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Grocer Ahold sees Europes Food Inflation Slowing

U.S. business drives small sales beat Europe margin falls to 2.8, U.S. margin rises to 4.8 CEO expects food inflation to slow in Europe May 10 Reuters Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of this year, CEO Frans Muller said on Wednesday after the retailer delivered a […]
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UK Finance Bosses Press to Revive Londons Allure

Industry seeks tax breaks to boost backing of UK equities Listing rules revamp may not be enough to spur IPO comeback Banks must do more to promote London39;s liquidity profile LONDON, May 10 Reuters Some of Britain39;s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the […]
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