BEIJING, Oct 31 Reuters Chinese tech giant Huawei HWT.UL reported a drop in net profit despite a jump in revenue on Thursday for the first nine months of the year, a statement to the Shanghai Clearing House showed. The firm recorded a 13.7 drop in ninemonth net profit to 62.9 billion yuan 8.83 billion for […]

Oct 31 Reuters Norwegian Cruise Line Holdings joined rival Royal Caribbean in raising its annual profit forecast for a fourth time on Thursday, encouraged by record quarterly revenue and advance ticket sales for 2025. Cruise operators marked robust onboard purchases and resilient demand for their vacation experiences this quarter as consumer spending in the U.S. increased at its fastest pace […]

LONDON, Oct 31 Reuters Financial companies in Britain must prepare to ensure they can deliver business services in severe but plausible scenarios, such as a global tech outage, to minimise any impact on consumers and markets, the markets regulator said on Thursday. In a statement outlining what lessons could be learned after U.S. cybersecurity firm CrowdStrike39;s […]

MILAN, Oct 31 Reuters Italy39;s biggest bank Intesa Sanpaolo on Thursday promised to add a sizeable share buyback to dividend payments on its 2024 results, after it beat expectations with its thirdquarter profit and upgraded its guidance for next year. A 10 yearly rise in net fees at Intesa, whose business is geared towards wealth management […]

Hydro says Northvolt no longer financing Hydrovolt JV Hydro39;s stake in Hydrovolt now at 62, up from 50 Hydrovolt recycles batteries STOCKHOLM, Oct 31 Reuters Norway39;s Hydro said on Thursday it is now solely financing the Hydrovolt battery recycler which it set up with joint venture partner Sweden39;s Northvolt. The Norwegian group recently raised its stake […]