BERLIN, May 3 Reuters Luxury carmaker Porsche will raise prices by 48 in Europe and the U.S. in the second half to combat higher costs that weighed on returns in the first quarter, even as profits and revenue jumped by over 25, it said on Wednesday. The company was still seeing issues with the supply of […]

May 3 Reuters British luxury carmaker Aston Martin Lagonda on Wednesday reported a narrower quarterly pretax loss and maintained its 2023 outlook, benefiting from the strong sales of its sport utility vehicle DBX and higher selling prices. Aston Martin, whose models were favoured by fictional British spy James Bond, had said in March that it expects profitability to […]

Sale of U.S. retail division yields 2.95 bln euros Outperforms some peers in securities trading Confirms 2025 outlook PARIS, May 3 Reuters BNP Paribas39;s firstquarter sales beat market expectations as trading business at the eurozone39;s biggest bank outperformed most of its peers, while it started to reap the benefits from rising interest rates. BNP39;s quarterly […]

May 2 Reuters Ford Motor Co on Tuesday posted robust firstquarter revenue and profit, thanks to strong demand for trucks and SUVs, but issued a measured fullyear outlook tempered by continued losses in its electricvehicle unit. In a late briefing, Ford Chief Executive Officer Jim Farley said he hopes the company becomes boringly predictable at meeting […]

May 3 Reuters Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a revival in demand for mortgage loans. For Metro Bank, which in 2010 became the first lender to be granted a highstreet banking licence in Britain in 150 years, […]

COPENHAGEN, May 3 Reuters Denmark39;s Orsted, the world39;s No. 1 offshore wind farm developer, on Wednesday reported firstquarter operating profit in line with expectations, and confirmed its fullyear guidance given earlier in the year. Firstquarter earnings before interest, tax, depreciation and amortisation EBITDA excluding new partnerships fell 12 to 6.91 billion Danish crowns 1.02 billion, […]

LONDON, May 3 Reuters Pfizer39;s plan to sell its Haleon stake is not a surprise, the consumer health company39;s finance chief Tobias Hestler told Reuters on Wednesday. Londonlisted Haleon was carved out as an independent company in July and comprises consumer health assets once owned by GSK and Pfizer. Pfizer, which has a 32 stake in the maker […]

STOCKHOLM, May 3 Reuters Swedenbased Volvo Cars said on Wednesday that sales increased by 10 yearonyear in April to 51,976 cars, boosted by strong gains in China. Volvo Cars, which is majorityowned by China39;s Geely Holding, said in a statement that sales in China were up 46. In Europe, its biggest market, sales were up 5, […]