HAMBURG (Reuters) -Rain in past few days has raised Rhine river water levels in Germany, with vessels able to carry more cargo although most are still sailing around half full, commodity traders said on Thursday. “Large volumes of rain have fallen in the Rhine region in past days and there has been an improvement in …
Rhine river rises after rain, ships able to increase loads Read More »
KYIV (Reuters) – Ukraine’s Naftogaz can start legal proceedings in France for compensation from Gazprom for assets seized in Crimea, it said on Thursday, after a Paris court recognised an international arbitration ruling from The Hague. Before Russia launched a full-scale invasion of Ukraine in February 2022, it seized Crimea in 2014 and annexed the …
Paris court gives Ukraine’s Naftogaz go-ahead to pursue Gazprom compensation Read More »
By Dimitri Rhodes (Reuters) -French voucher and benefits company Pluxee doubled its margin growth forecast for 2025 on Thursday, as strong new client acquisitions drive performance exceeding the targets set in its three-year strategic plan. The company’s shares rose 12% by 0839 GMT, topping the SBF 120 index of Paris’ most traded stocks. The former …
Pluxee doubles margin growth forecast for 2025, shares jump Read More »
By Alban Kacher (Reuters) -French oil group Maurel & Prom (M&P) reported an increase in cash generation in end-March from the previous quarter on Thursday, allowing it to maintain a firm growth outlook even as its sales dropped sharply. M&P recorded a positive net cash position of $50 million at end-March, compared with $33 million …
French oil group M&P secures cash position despite sharp revenue slump Read More »
By Manya Saini DUBAI (Reuters) -Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday it would acquire a minority stake in UK-based private school operator Nord Anglia Education for $600 million, joining a consortium led by private equity giant EQT. Other investors in the group include Neuberger Berman, Canada Pension Plan Investment Board, …
Abu Dhabi’s Mubadala to buy $600-million stake in UK school operator Nord Anglia Read More »
By Tom Sims FRANKFURT (Reuters) -Building permits for apartments in Germany fell 2.3% in February from a year earlier, statistics office data showed on Thursday, underscoring the fragility of the nation’s troubled property industry. The drop is a setback following two consecutive months of increases that provided some hope of a recovery after three years …
German home building permits decline in February, halting recovery Read More »
By Mathias de Rozario (Reuters) -Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier’s CEO Martin Fischer said in a call on Thursday. Its shares were up 8% at 0905 GMT in Paris after a quarterly earnings publication. …
Forvia on track to mitigate full exposure to US tariffs, CEO says Read More »
(Reuters) – A group of investors has called for a review of Australia’s listing rules, claiming it was “unreasonable” that companies were allowed to issue a large amount of shares to fund their acquisitions without a shareholder vote. The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion …
Investors seeks review of Australia’s listing rules, say James Hardie-AZEK deal to hurt Read More »
(Reuters) – British homeware retailer Dunelm Group reported a 6.3% rise in third-quarter sales on Thursday as value-seeking consumers flocked to its affordable products, driving demand. The group expects its full-year pre-tax profit to align with market estimates, driven by a sustained growth in its customer base. WHY IT’S IMPORTANT? Amid surging living costs and …
UK’s Dunelm sees quarterly sales jump as Brits seek affordable homeware Read More »
British semiconductor company Alphawave IP Group said on Thursday that it was unable to provide a financial forecast for 2025 or beyond due to the uncertainty stemming from the “rapidly developing nature” of U.S. tariffs. Alphawave, which designs and licenses chip technology for data centers, networking and storage, reported new bookings surged 34% to $515.5 …
UK semiconductor firm Alphawave forgoes forecast due to US tariffs Read More »
