Feb 22 Reuters Dutch chipmaking equipment supplier BE Semiconductor Industries beat its fourthquarter targets on Thursday, boosted by demand for its hybrid bonding technology and AIenabled computing applications from chipmakers expanding their capacity. Semiconductor firms have been ramping up production capacity to meet global demand for highend chips that power modern technology from cars to computers […]

LONDON, Feb 22 Reuters Nestle reported fullyear organic sales growth slightly below expectations on Thursday as the world39;s biggest packaged food company continued to hike prices, prompting some shoppers to turn to competing brands. The Swiss firm also said it expects organic sales growth of around 4 in 2024, and a moderate increase of its underlying […]

Feb 22 Reuters Europe39;s biggest hotel group Accor posted a biggerthanexpected jump in annual core profit on Thursday, boosted by strong performances across all its markets, and forecast an upbeat 2024, driven by major international events. The sector continues to benefit from the postpandemic boom in leisure travel despite inflation and the resurgence of recession fears […]

PARIS, Feb 22 Reuters French food group Danone said on Thursday it was starting this year with confidence after it delivered 2023 sales growth at the top end of its forecast, and improved its profit margin as higher prices offset lower volumes. Building on the positive momentum of 2023, we are starting this financial year with […]

Feb 21 Reuters Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industryleading artificialintelligence chips, sending its shares up 10 afterhours. The alreadyhefty demand for the company39;s data center chips and graphics processing units GPUs continues to grow as firms scramble […]

MADRID, Feb 22 Reuters Spanish oil company Repsol will hand shareholders up to 10 billion euros 11 billion via dividends and buybacks through 2027 as it pushes forward with its pivot to renewable energy and biofuels, it said on Thursday, driving its shares up. The Spanish firm joins other big oil companies offering record returns to shareholders despite […]