By Aby Jose Koilparambil (Reuters) -British betting and gaming firm Evoke expects 2024 core profit ahead of market expectations and at the top end of its forecast range, helped by growth in its online business and favourable sports results in the fourth quarter. Shares in the FTSE Small Cap company, which fell 36% in 2024, …
Bookmaker Evoke shares jump on upbeat profit view Read More »
MADRID (Reuters) – Poland’s state fund has hired Societe Generale to prepare for a takeover bid of Spanish train maker Talgo, news website El Confidencial reported on Friday, citing unidentified sources close to the matter. Polish Development Fund, or PFR, is considering launching a tender offer for the shares in Talgo and would then merge …
Polish state fund hires Societe Generale for Talgo takeover, El Confidencial says Read More »
(Reuters) -British cleaning products maker McBride said on Friday it expects first-half adjusted operating profit to rise about 8%, driven by higher manufacturing volumes from consumer goods client contracts, and plans to re-instate annual dividends. Shares in the company were up about 7% at 108.5 pence. The London-listed owner of brands such as ‘Clean N …
UK’s McBride plans to restart dividends after upbeat profit outlook Read More »
(Reuters) -Poland’s InPost will invest an additional 600 million pounds ($731 million) by 2029 to expand its operations in the United Kingdom, the UK government said on Thursday. This will bring the parcel locker company’s total investment in the UK to 1 billion pounds, supporting up to 12,000 new jobs, the government said in a …
Poland’s InPost to invest further 600 million pounds in Britain by 2029 Read More »
MOSCOW (Reuters) -Russia’s largest lender Sberbank on Friday reported record annual profits of 1.56 trillion roubles ($15.22 billion)for 2024, helped by strong growth in corporate borrowing and high interest rates, which ended the year at 21%. Sberbank made a 1.5 trillion rouble profit in 2023, a more than fivefold increase on the previous year. According …
Russia’s Sberbank reports record profits for 2024 Read More »
By Naomi Rovnick, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as ructions in the pound, government bonds and stocks feed on each other and put Britain at risk of a wave of hedge fund …
Analysis-Investors strap in for prolonged pain in debt-scarred UK markets Read More »
(Reuters) – Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said. The companies declined to comment. A merger between the firms has the potential to be the largest ever in the mining industry. Below are details …
Factbox-Glencore and Rio Tinto’s mining operations Read More »
By Joanna Plucinska DUBLIN (Reuters) -Germany’s Lufthansa Group is set to resume flights to and from Tel Aviv in Israel from Feb. 1 and Wizz Air restarted its London to Tel Aviv route on Thursday, the companies said following a ceasefire agreement between Israel and Hamas. Many Western carriers cancelled flights to swaths of the …
Airlines including Lufthansa cautiously plan to resume some Middle East flights Read More »
By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3 percentage point if America’s trading partners retaliate with tariffs of their own. U.S. President-elect Donald Trump, who takes office Monday, has proposed a 10% tariff …
World Bank warns that US tariffs could reduce global growth outlook Read More »
By Ron Bousso LONDON (Reuters) -BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 employees and 3,000 contractor positions will be cut this year, BP told Reuters. The cuts were announced …
