Reuters UK Business

Dialysis firm FMC beats profit estimates in fourth quarter

By Isabel Demetz and Patricia Weiss (Reuters) – The world’s largest dialysis specialist Fresenius Medical Care topped market expectation for its fourth quarter results on Tuesday, helped by positive development across its businesses. The results were boosted by positive volume and pricing effects, as well as savings from its FME25 turnaround program and portfolio optimization …

Dialysis firm FMC beats profit estimates in fourth quarter Read More »

Italy regulator probes Rome bus and metro company over poor service

ROME (Reuters) – Italy’s competition authority, which also polices consumer rights, said on Tuesday it was investigating Rome’s bus and metro company Atac over poor service in the past years. The probe for “possible unfair commercial practices” focuses on Atac allegedly not meeting quality standards agreed with Rome covering 2021-2023, the authority said in a …

Italy regulator probes Rome bus and metro company over poor service Read More »

Demand for On The Beach holiday packages strong despite consumer caution

(Reuters) – Package holiday provider On The Beach Group said on Tuesday that demand for its European city packages was healthy despite broader inflationary concerns, and forecast summer bookings to be significantly higher than last year.  The company said it expects annual adjusted pretax profit in line with market expectations of 38.2 million pounds ($48.2 …

Demand for On The Beach holiday packages strong despite consumer caution Read More »

US recovery helps UK’s Smith+Nephew mitigate China woes, shares jump

(Reuters) – Smith+Nephew reported annual sales and profit broadly in line with expectations on Tuesday, as newer products and a recovery in the U.S., helped the medical products maker offset the impact of sluggish demand from China that has been weighing on shares. The company has been hit by weak demand for its knee implants …

US recovery helps UK’s Smith+Nephew mitigate China woes, shares jump Read More »

German companies expect red tape cuts, lower taxes, DIHK says

By Maria Martinez BERLIN (Reuters) – German companies expect from the next government drastic cuts in bureaucracy, faster and more efficient approvals, noticeable relief in taxes and lower electricity costs, the DIHK Chamber of Commerce and Industry said on Tuesday. Almost 90% of the 4,000 companies surveyed said they have seen a deterioration in the …

German companies expect red tape cuts, lower taxes, DIHK says Read More »

German net borrowing in 2024 exceeded expectations, data shows

By Maria Martinez and Rachel More BERLIN (Reuters) -The German government’s net borrowing rose in 2024 to 118.8 billion euros ($124.4 billion), higher than initially reported, preliminary data from the federal statistics office showed on Tuesday. The deficit was 15 billion euros higher than the prior year, corresponding to 2.8% of gross domestic product, the …

German net borrowing in 2024 exceeded expectations, data shows Read More »

Dormakaba targets sales growth in US despite looming tariffs

By Bernadette Hogg (Reuters) -Dormakaba expects to keep growing its organic sales in the U.S. even as the Swiss access and security group studies the impact of President Donald Trump’s tariffs on its business, its CEO said on Tuesday. While many of Dormakaba’s products sold in the United States, its biggest market, are produced there, …

Dormakaba targets sales growth in US despite looming tariffs Read More »

Blackstone to list Spain’s Cirsa shares in Madrid before Easter, Expansion says

MADRID (Reuters) – Private equity investor Blackstone aims to list shares of Spanish gambling company Cirsa in mid-April in an initial public offering, newspaper Expansion reported on Tuesday, citing unnamed market sources. The operation would involve a placement of between 700 million euros and 1 billion euros ($733 million-$1.05 billion), combining both new and existing …

Blackstone to list Spain’s Cirsa shares in Madrid before Easter, Expansion says Read More »

Close Bitnami banner
Bitnami