By Aby Jose Koilparambil (Reuters) -British housebuilder Persimmon forecast its 2024 earnings at around the upper end of market view on Tuesday, buoyed by improved sales and pricing strength. Shares in the FTSE 100 builder rose about 4.5% to 1,104 pence in early trade, lifting the broader housing index, with most of its blue-chip peers …
UK homebuilder Persimmon sees 2024 profit at top end of market view Read More »
(Reuters) -Activist investor Gatemore Capital called for leadership changes at YouGov on Tuesday and proposed appointing former boss Stephan Shakespeare as interim CEO to lead a strategic review of the British polling and research company. Gatemore’s push for executive shakeup follows its demand for the company to conduct a review of its business and initiate …
Activist investor Gatemore calls for CEO change in UK’s YouGov Read More »
By Tristan Veyet and Isabel Demetz (Reuters) -Austrian oil and gas group OMV said on Tuesday it expected a positive impact of around 210 million euros ($215.4 million) on its fourth-quarter earnings from an arbitral award linked to its German gas supply contract with Gazprom. The Vienna-based firm added the positive net impact would be …
OMV sees positive Q4 earnings effect of $215 million from Gazprom arbitration Read More »
(Reuters) – Robert Walters said on Tuesday it no longer expects a profit for the year, after the British recruiter reported a 14% drop in fourth-quarter income from fees at constant currency due to challenging conditions in global hiring markets. “We now expect a broadly breakeven position at the profit before tax level for the …
UK’s Robert Walters abandons profit view in tough hiring market Read More »
(Reuters) – British engineering firm Smiths Group on Tuesday upgraded its annual organic revenue growth outlook to 6%-8%, up from the previous forecast of 5%-7% and named Julian Fagge, the president of Smiths Interconnect, as its new CFO. Current finance boss Clare Scherrer will retire from her role at the end of January and will …
UK’s Smiths upgrades annual outlook, names new CFO Read More »
By Niket Nishant (Reuters) – Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday. The round was backed by bitcoin-focused venture capital firm Fulgur Ventures, with participation from current and new investors. Some of the company’s employees also participated in the round. …
Sygnum hits $1 billion valuation after latest funding round Read More »
A look at the day ahead in European and global markets from Vidya Ranganathan France’s new government faces a big test today. Prime Minister Francois Bayrou is expected to lay out in a speech the contours of a deal to water down pension reforms in return for support from the left on passing a budget. …
FRANKFURT (Reuters) – The European Central Bank will keep cutting interest rates and should end policy restriction in the coming months, but looming trade tariffs, which may not even be effective, cloud the outlook, Finnish policymaker Olli Rehn said on Tuesday. The ECB cut interest rates four times last year to 3% and markets expect …
ECB to end policy restriction by midsummer at latest, Rehn says Read More »
LONDON (Reuters) – Britain will sign a minerals cooperation partnership with Saudi Arabia that could help strengthen supply chains, create opportunities for British businesses and attract investment into the UK, the British government said on Tuesday. WHY IT’S IMPORTANT Britain needs a secure, long-term supply of critical minerals, such as copper, lithium and nickel, which …
UK to sign critical minerals partnership with Saudi Arabia Read More »
By Simon Jessop and Ross Kerber LONDON/BOSTON (Reuters) -A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world’s biggest investor, left amid a political backlash in the United States. The pause raised concerns that companies will lower their …
Exclusive-Investor climate group suspends activities after BlackRock exit Read More »
