Equinor Cuts Output Guidance as Q3 Profit Beats Forecast

OSLO, Oct 27 Reuters Equinor on Friday cut its fullyear oil and gas output guidance while posting a biggerthanexpected profit for the third quarter and maintaining its dividend and share buyback levels. The Norwegian energy group39;s adjusted earnings before interest and tax for JulySeptember fell to 8.02 billion from a revised 24.5 billion a year earlier, […]
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Sanofi Considers Listing Consumer Unit Late next Year

Oct 27 Reuters Sanofi is considering a separate listing of its consumer healthcare business from the fourth quarter of next year, the French drugmaker said on Friday, adding that it plans to boost drug development at its core business. Sanofi is reviewing potential separation scenarios, but believes that the most likely path would be through a […]
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NatWest Downgrades Profit Outlook amid Farage Debanking Row

LONDON, Oct 27 Reuters NatWest downgraded its profit outlook on Friday, pinched by tighter competition for savers39; cash, as the lender deals with the reputational fallout from a damaging 39;debanking39; row with former Brexit Party leader Nigel Farage. The taxpayerbacked bank reported pretax profit of 1.3 billion pounds 1.58 billion for the JulySeptember quarter, up from […]
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Holcim Raises Profit Margin Outlook Despite Tougher Markets

Company nudges up fullyear profit margin goal Sees softer demand in some markets Confirms rest of fullyear guidance Analyst says company well equipped to deal with downturn ZURICH, Oct 27 Reuters Holcim will react to slowing construction markets by increasing its profit margin, the world39;s largest building materials maker said on Friday, after reporting thirdquarter profit […]
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