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- Reuters•21 minutes ago
Poland's BZ WBK first quarter net profit falls 3 percent year-on-year
WARSAW (Reuters) - Poland's Bank Zachodni WBK reported on Tuesday a 3 percent fall in first quarter net profit, as higher payment for a bank resolution fund weighed on performance.
- TechCrunch•26 minutes ago
Culture Trip picks up $80M for its millennial-focused travel site
While a lot of travel startups (Airbnb, Ctrip, Kayak, to name a few) have made
Reuters•27 minutes agoPSA sales jump 42 percent on Opel-Vauxhall acquisition
PARIS (Reuters) - French automaker PSA Group posted a 42 percent increase in first-quarter revenue, lifted by its acquisition of Opel-Vauxhall last year.
Reuters•29 minutes agoSAP, gaining market share, raises outlook
FRANKFURT/LONDON (Reuters) - Germany's SAP announced upbeat results in the seasonally tough first quarter, saying it was gaining ground on its main competitors Salesforce and Oracle in the cloud and that its margin recovery was firmly on track. "We're gaining share fast and we're
Reuters•31 minutes agoSAP, gaining market share, raises outlook
FRANKFURT/LONDON (Reuters) - Germany's SAP announced upbeat results in the seasonally tough first quarter, saying it was gaining ground on its main competitors Salesforce and Oracle in the cloud and that its margin recovery was firmly on track. "We're gaining share fast and we're
- Reuters•31 minutes ago
Dutch employment agency Randstad's first quarter earnings rise on strong Europe growth
AMSTERDAM (Reuters) - Randstad , the world's second-largest staffing company, said on Tuesday its core earnings rose 4 percent in the first quarter of 2018, lifted by strong growth across Europe.
Reuters•33 minutes agoTruck maker Volvo first-quarter profit tops forecast
STOCKHOLM (Reuters) - Swedish truckmaker AB Volvo reported a bigger than expected rise in quarterly earnings on Tuesday as strong demand across most major commercial vehicles markets boosted sales and order intake in the first quarter.
Reuters•34 minutes agoPSA sales jump 42 percent on Opel-Vauxhall acquisition
PARIS (Reuters) - French automaker PSA Group posted a 42 percent increase in first-quarter revenue, lifted by its acquisition of Opel-Vauxhall last year.
Reuters•1 minute agoBooming demand lifts AB Volvo profit, straining supply chain
Sweden's AB Volvo saw strong demand for trucks and construction equipment boost earnings more than expected in the first quarter but cautioned the boom was putting its supply chain under pressure. Truck makers such as Volvo and its German competitors Daimler and Volkswagen are enjoying brisk
Reuters•42 minutes agoSaipem swings to first quarter net loss after reorganising charges
Italian oil services group Saipem swung to a net loss in the first quarter as sales fell on a weaker business climate, the company said. The company reported a net loss of 2 million euros (1.7 million pounds) in the first three months, net of 13 million euro reorganising charges. It had a net profit
Reuters•46 minutes agoDeutsche Bank may announce investment bank revamp on Thursday - report
Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings, a German newspaper reported on Tuesday. The bank is considering cuts in the investment banking unit, but no decision is final, Handelsblatt newspaper reported. A spokesman
Reuters•47 minutes agoZurich court backs Julius Baer in East German assets row
ZURICH (Reuters) - A Swiss appeals court has ruled in favour of private bank Julius Baer in a suit by a German agency hunting East German assets that went missing after the fall of the Berlin Wall, the bank said on Tuesday.
Reuters•55 minutes agoDeutsche Bank may announce investment bank revamp on Thursday: report
Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings, a German newspaper reported on Tuesday. The bank is considering cuts in the investment banking unit, but no decision is final, Handelsblatt newspaper reported. A spokesman
Reuters•1 hour agoSwedbank first-quarter net profit beats forecast
STOCKHOLM (Reuters) - Swedish banking group Swedbank reported first-quarter net earnings above market expectations on Tuesday and said it saw signs that the Swedish housing market is stabilising.
- CNBC•1 hour ago
European markets seen opening slightly higher as earnings, yields remain in the spotlight
European markets are set to post modest gains at Tuesday's open as investors await the latest deluge of corporate earnings.
Reuters•1 hour agoSantander posts 10 percent profit rise in first-quarter on Brazilian strength
Banco Santander opened Spain's bank reporting season on Tuesday with a 10 percent rise in first-quarter net profit from a year earlier, beating analysts' forecasts and helped by strong business in its largest market Brazil. Santander, the euro zone's biggest bank by market value, reported
Reuters•1 hour agoJapan steel industry head says new U.S. tariffs have not hit Asia market yet
The head of Japan's steel industry federation said on Tuesday that new import tariffs on steel imposed by the United States have not yet hit the Asian steel market, but said the industry is monitoring the situation closely for any future impact. Japanese steelmakers are trying to seek item exemptions
- CNBC•1 hour ago
US stocks could slide 30 to 40 percent on interest rate volatility, wealth manager predicts
Interest-rate volatility could produce a substantial decline in U.S. stocks, says Rainer Michael Preiss.
- Reuters•1 hour ago
SE Asia Stocks-Most slump as U.S. yields rise, Singapore flat
* Indonesia hits 2-week low; heads for a third session of losses * Vietnam reverses losses to rise 0.5 pct By Sumeet Gaikwad April 24 (Reuters) - Most Southeast Asian stock markets came under pressure ...
Reuters•1 hour agoIn Des Moines, Wells Fargo looks to soothe critics
Wells Fargo & Co executives planned to convey a message of atonement to shareholders at the bank's annual meeting in Des Moines, Iowa on Tuesday as it works to convince investors and regulators a sweeping sales scandal is a thing of the past. "Our top priority remains rebuilding the trust
- The Telegraph•1 hour ago
Why a businessman and GP set up a luxurious eco retirement home
Why a businessman and GP set up a luxurious eco retirement home
