By Mathias de Rozario (Reuters) -French voucher and benefits company Pluxee raised its margin guidance for the next two years on Thursday after what it described as a solid performance this year. The company’s shares were 10% higher by 1200 GMT, on track for their biggest ever one-day rise. Pluxee is now targeting recurring growth …
France’s Pluxee lifts 2025/26 outlook, shares reached record high Read More »
(Reuters) -Facebook owner Meta Platforms will buy all the output of Engie’s planned U.S. Sypert solar power plant, the French utility said on Thursday, in line with attempts to use renewable sources to cover a data-led surge in demand. The plant, with an estimated output of 260 megawatts (MW), is expected to start operating in …
Engie to provide Meta with 260 MW of energy from US solar plant Read More »
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Russia’s dominant lender Sberbank reported on Thursday a small drop in third-quarter profit to 411.1 billion roubles ($4.2 billion), hit by a one-off tax revision, slower loan growth and a jump in provisions as interest rates soar. Sberbank made a record 1.5 trillion rouble profit in 2023, …
Russia’s Sberbank quarterly profit slips on tax shift, provisions rise Read More »
MADRID (Reuters) – Spain’s ruling Socialist party has proposed to extend a temporary windfall tax imposed on banks for three more years, according to a document submitted to parliament seen by Reuters. It dropped plans for a similar extension on a separate levy imposed on large energy companies. The proposal put forward on Wednesday is …
Spanish Socialist party proposes extending tax on banks, but not on energy Read More »
ASTANA (Reuters) -Kazakh agriculture minister Aidarbek Saparov said on Thursday he hoped that issues with Russian curbs on the import of grain and other agricultural products from Kazakhstan would be resolved within a week. Saparov, speaking after talks with Russia’s agricultural safety watchdog, said one of his deputies has departed for Moscow where negotiations would …
Kazakhstan hopes to resolve agricultural trade tension with Russia within a week Read More »
MOSCOW (Reuters) – Russian billionaire banker Roman Avdeev said on Thursday that he had sold his remaining stake in the Rossium Group holding and that he no longer held any assets in Russia and would be spending more time with his many children. Avdeev said he had sold his remaining stake in Rossium – a …
Russian billionaire Avdeev says he’s sold up to spend more time with his 23 children Read More »
By Louise Rasmussen COPENHAGEN (Reuters) – Denmark’s biggest lender Danske Bank reported third-quarter earnings above market expectations on Thursday and raised its 2024 profit guidance for the second time this year, lifting its share price. The bank has seen an increase in borrowing demand from corporate clients and expects retail customers to follow suit as …
Danske Bank raises profit outlook as third quarter tops forecast Read More »
By Sergio Goncalves LISBON (Reuters) -Portugal’s fourth-largest bank, Novo Banco, on Thursday posted a 4.4% drop in nine-month net profit as an increase in interest margins and commissions was countered by higher provisions. Novo Banco, which is considering an initial public offering (IPO), said consolidated net profit fell to 610.4 million euros ($662.16 million). It …
Portugal’s Novo Banco 9-month profit falls 4.4% on higher provisions Read More »
By David Milliken LONDON (Reuters) – British finance minister Rachel Reeves will face a tough task to meet the new fiscal rules on borrowing and debt which she has set herself in her first budget, the non-partisan Institute for Fiscal Studies said on Thursday. “There is almost no wiggle room against the two new fiscal …
UK’s Reeves will struggle to hit new fiscal goals, IFS says Read More »
(Reuters) – Spain posted a current account surplus of 5.63 billion euros ($6.12 billion) in August, compared to a surplus of 5.17 billion euros in the same month a year earlier, the Bank of Spain said on Thursday. That compared to a surplus of 5.79 billion euros in July, according to the central bank. ($1 …
Spain posts current account surplus of 5.63 billion euros in August Read More »
