ROME (Reuters) – France’s Credit Agricole is being investigated over the online cost simulations for one of its mortgages, Italy’s antitrust regulator said on Wednesday. Calculations for it ‘Greenback’ mortgage, both on the lender’s website and on comparison ones, do not include all of the insurance costs related to the loan within the so-called TAEG …
Credit Agricole mortgage simulator under investigation in Italy Read More »
MADRID (Reuters) – Spanish construction giant Ferrovial on Tuesday said its core third-quarter profit rose 36% to 400 million euros ($433 million) as investments in toll road concessions in North America continued to pay off. Ferrovial’s core profit for the quarter was slightly above the average analysts’ expectation of 389 million euros, according to data …
Ferrovial’s Q3 core profit up 36% on higher motorway traffic Read More »
LONDON (Reuters) – Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were “paying off” as its earnings and revenue came in ahead of analyst’s expectations. Its U.S. shares rose nearly 6% in after-market trading from Tuesday’s official close of $169.68. (Reporting by Alun …
Alphabet shares in Frankfurt rise 1.8% after results Read More »
MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net profit in the first nine months of the year rose 27% from the same period last year as the post-pandemic travel boom pushed passenger traffic to new records. Aena booked a net profit of 1.44 billion euros ($1.56 billion) out of revenues rising …
Record passenger traffic lifts Spanish airport operator Aena’s profit Read More »
MADRID (Reuters) -Spanish power utility Endesa said on Wednesday that it is on track to meet its targets for the year after a recovery in its gas business helped net profit for the first nine months rise 33%, surpassing analysts’ expectations. The company, owned by Italian energy giant Enel, posted a net profit of 1.4 …
Endesa’s 9-month net profit surpasses expectations with 33% increase Read More »
(Reuters) – Italian energy group Edison reported a 13.3% jump in nine-month core profit (EBITDA) to 1.4 billion euros ($1.5 billion), driven higher by production of renewable energies, gas portfolio optimisation and retail sales, it said on Wednesday. Italy’s second-largest gas supplier also nudged up its 2024 guidance on EBITDA to at least 1.65 billion …
Edison nine-month core profit jumps on renewables, gas sales Read More »
(Reuters) – A subsidiary of Russia’s gas major Gazprom has filed a claim for 85.7 billion roubles ($879 million) against global industrial gases and engineering company Linde and its subsidiaries, court documents showed on Wednesday. The Gazprom subsidiary, in charge of the Amur Gas Processing Plant filed the claim on Oct. 29 in the Arbitration …
Gazprom subsidiary files $880 million claim against Linde Read More »
By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted in-line quarterly inflows on Wednesday, driven by sustained demand for risk-averse products and its Asian operations. Net inflows in the third quarter were 2.9 billion euros, bringing total assets under management (AUM) to 2.19 trillion euros at end of September, up 11.1% from …
Amundi’s Q3 net inflows profit from ETF demand, Asian operations Read More »
(Reuters) – Japan’s Fujitec Co has held talks with private equity firms, including Sweden’s EQT AB, about a potential buyout, the Financial Times reported on Wednesday, citing unidentified sources. Fujitec, which makes lifts, escalators and moving walkways, has an equity valuation of 377.79 billion yen ($2.46 billion), according to LSEG data. Fujitec is working with …
Japanese lift maker Fujitec explores sale to private equity, FT reports Read More »
ZURICH (Reuters) – UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll. (Reporting by Dave Graham, editing by Rachel More)
