By Allison Lampert and Dan Catchpole (Reuters) – Tariffs imposed by the U.S. and other countries in retaliation have prompted some business jet buyers to try to rush deliveries or add contract clauses to protect themselves from the duties, as the aviation sector braces for higher costs of planemaking materials, industry experts said. Canada and …
Tariffs rush some business jet deals, drive aviation cost fears Read More »
(Reuters) – Britain’s National Grid on Thursday said it had been awarded two parts of a 59 billion pound($76.36 billion) high voltage direct current supply chain framework to support key energy projects in the UK. The framework aims to establish long-term partnerships and secure essential equipment for current and future energy needs. ($1 = 0.7726 …
National Grid awarded $76.4 billion supply chain framework Read More »
PARIS (Reuters) – Bernard Arnault, 76, could remain at the helm of the world’s largest luxury group LVMH until he’s 85 if shareholders back a company proposal at its annual shareholder meeting on April 17. Investors in LVMH, which owns high-end labels including Louis Vuitton, Dior and Tiffany, will vote on a change to company …
LVMH seeks to clear way for Bernard Arnault to stay at the helm until 85 Read More »
(Reuters) – Australia’s Western Mine Workers Alliance (WMWA) said on Thursday that more than 400 workers at Rio Tinto’s Paraburdoo iron ore mine in Pilbara region have signed a petition to support collective bargaining. The petition was launched by the alliance to initiate bargaining for a collective agreement at the mine for the first time …
Workers sign petition for collective bargaining at Rio Tinto’s Pilbara mine Read More »
MILAN (Reuters) – Generali is considering increasing its purchases of Italian government bonds, its CEO said on Thursday, as the government reviews a landmark asset management deal which has raised concerns in Rome. Generali held 35.6 billion euros in Italian government bonds at the end of 2024, assets which it uses to offset liabilities in …
Generali CEO says insurer could buy more Italian govt bonds Read More »
By Raechel Thankam Job (Reuters) -Britain’s DFS Furniture expects to beat annual profit expectations, assuming no further supply chain disruptions, helped by robust sales and effective cost management, it said on Thursday, sending its shares up over 10%. The retailer has been tightly managing expenses in a volatile business environment, while grappling with rising costs …
UK’s DFS Furniture sees annual profit above expectations Read More »
By Alessandro Parodi (Reuters) -Helios Towers forecast on Thursday its adjusted core earnings would continue to rise in 2025, as 5G and 4G adoption in Africa and the Middle East leads to growing numbers of tenants using towers in its key markets. The British-based firm still plans to start returning capital to shareholders in 2026, …
Helios Towers sees continued core profit growth in 2025, dividend from 2026 Read More »
By James Davey LONDON (Reuters) -British retailer John Lewis Partnership said it would accelerate investment this year as it reported a trebling in annual profit, driven by an improvement in its food business, and forecast more growth as its turnaround plan gains momentum. The UK’s largest employee-owned business, which runs John Lewis department stores and …
Britain’s John Lewis to step up investment as profit trebles Read More »
(Reuters) -British online trading platform IG Group reported a 12% jump in third-quarter revenue on Thursday, as more clients used it to trade stocks and derivatives in volatile markets. Its shares, which surged about 29% in 2024, rose 4.5% to 966.5 pence by 0830 GMT. Global markets have remained turbulent since U.S. President Donald Trump’s …
Volatile markets boost UK’s IG Group revenue 12% Read More »
(Reuters) -Poland’s biggest e-commerce platform Allegro expects its earnings to rise 8-12% in its home market this year, it said on Thursday, and proposed a share buyback of around 1.4 billion zlotys ($364 million). Its shares rose around 8% at 0817 GMT, on track for their biggest one-day rise since May last year. It reported …
E-commerce firm Allegro sees rising 2025 earnings, proposes $364 million buyback Read More »
