MADRID, April 23 Reuters Spanish gas grid operator Enagas said on Tuesday that its firstquarter net profit rose roughly 20, helped by revenue from the liquefied natural gas LNG terminal of El Musel and flat expenses. With gas demand in the country down for two years in a row and Spain39;s ambitious green hydrogen plans, the […]

April 23 Reuters JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about 1.08 billion, the companies said on Tuesday, as Britain39;s biggest sportswear retailer looks to expand across the southeastern U.S. The deal comes as shares in athletic clothing retailers come under pressure globally after weak outlooks from sports apparel makers such as Nike and […]

MILAN, April 23 Reuters Operating profit at Italian fashion house Valentino dropped 18 last year, to 99 million euros 105.7 million, the company said on Tuesday. Last year French luxury group Kering, which is struggling to revive sales at its star brand Gucci, bought a 30 stake in Valentino from Qatari investment fund Mayhoola, with an option […]

MOSCOW, April 23 Reuters Russian online bank Tinkoff plans to issue up to 130 million additional shares to help fund a deal to integrate fellow lender Rosbank into its holding structure, the company said on Tuesday. Both Tinkoff owner TCS Holding and Rosbank are controlled by billionaire Vladimir Potanin39;s Interros group, and the planned integration […]

MILAN, April 23 Reuters Telecom Italia TIM shareholders are expected on Tuesday to hand CEO Pietro Labriola another term to press ahead with a revamp centred on a planned sale of the former phone monopoly39;s fixedline access network to U.S. fund KKR. The reappointment of Labriola has been separately challenged by small minority investors Merlyn […]

April 23 Reuters Shares of Tesla edged higher on Tuesday ahead of the electric car maker39;s firstquarter results, with analysts expecting its lowest gross profit margin in more than six years. The stock was up 0.7 at 143 in premarket trading ahead of the report, due after the close of trading. CEO Elon Musk will likely […]

H1 adjusted operating profit 951 million pounds, up 39 Expects significant growth in full year profit Expects Primark margin to further improve in second half Primark to roll out Click Collect service in UK Shares up 10 LONDON, April 23 Reuters Associated British Foods forecast significant growth in fullyear profit after reporting a 39 jump in […]