(Reuters) – UK over-50s holiday and insurance group Saga forecast on Thursday a marginal rise in profit on a like-for-like basis for the year ending Jan. 31, and said it had refinanced the group’s corporate debt in full, sending its shares 4% higher. Global tourism-focused travel companies are experiencing a rebound, fuelled by strong demand …
UK holiday group Saga expects slight profit rise; refinances debt Read More »
By John Revill ZURICH (Reuters) -ABB is seeing strong demand for electrical products used by data centres needed for artificial intelligence, the Swiss engineering group said on Thursday, as it reported quarterly profit slightly ahead of forecasts. Data centres are being built around the world to concentrate the enormous computer power needed for AI. The …
Swiss engineer ABB boosted by data centre demand Read More »
By Ludwig Burger FRANKFURT (Reuters) -Roche said on Thursday it is targeting a continued increase in adjusted earnings per share (EPS) at a high single-digit percentage this year, helped by lower costs and growth from drugs such as eye treatment Vabysmo and cancer drug Phesgo. The goal, which is adjusted for currency swings, would mark …
Roche sees high single-digit core profit growth in 2025 Read More »
By James Davey LONDON (Reuters) -Theft and violence against retail workers in Britain soared to record levels last year and are “out of control”, driven partly by criminal gangs, according to a report published on Thursday. Industry body the British Retail Consortium’s annual crime survey found more than 20 million incidents of theft were committed …
Theft and violence in UK retail soar to record levels, survey shows Read More »
(Reuters) – Spain’s European Union-harmonised 12-month inflation rate rose to 2.9% in January, from 2.8% in the period through December, preliminary data from the National Statistics Institute (INE) showed on Thursday. The 12-month EU-harmonised inflation was slightly above the 2.8% expected by analysts polled by Reuters. Core inflation, which strips out volatile fresh food and …
Spain’s 12-month EU-harmonised inflation rises to 2.9% in January Read More »
(Reuters) -Britain’s Sage Group on Thursday maintained its revenue forecast for fiscal 2025 after the software firm posted 10% growth in first-quarter underlying revenue, driven by higher demand, especially in North America, its fastest growing region. The company has invested heavily in cloud services in recent years and it is now counting on surging demand …
UK software firm Sage upholds revenue forecast after robust Q1 growth Read More »
(Reuters) – Britain’s Ofcom has proposed changes to Royal Mail’s obligations including so-called second-class letters delivered on alternate weekdays instead of Saturdays, the regulator said on Thursday. The Royal Mail, which has been trying to transform and modernise its business as it shifts its focus to parcels, has a legal obligation to deliver letters Monday …
UK’s Ofcom proposes changes to Royal Mail’s obligations Read More »
(Reuters) – British wealth manager St James’s Place on Thursday reported better-than-expected managed funds for 2024, driven by 4.33 billion pounds ($5.38 billion) of yearly net inflows and high client engagement. Money managers in the UK were hit with a mixed bag of investor sentiments last year but customers were quick to return to investment …
St James’s Place beats 2024 fund expectations with $5.4 billion net inflows Read More »
HELSINKI (Reuters) – Finland’s Kone on Thursday posted quarterly earnings above estimates and said it expects its adjusted operating margin to improve in 2025 and sales to grow slightly. “We continued to grow at a healthy rate, with both orders and sales increasing over 10% outside China,” Chief Executive Philippe Delorme said in a statement. …
Kone’s Q4 adjusted operating profit beats estimate Read More »
By Christine Chen SYDNEY (Reuters) – Dissatisfaction with housing in Australia reached an all-time high last year, ranking among the worst in the world, according to a survey published on Thursday, an issue that is expected to dominate a general election due by May. Over three-quarters of Australians surveyed by pollsters Gallup were dissatisfied with …
Australians are among the most frustrated in the world over housing, survey says Read More »
