(Reuters) – International Consolidated Airlines Group on Friday denied a Wall Street Journal report that said the group had warned Spanish airline Air Europa’s customers of a personal data leak. “IAG confirmed it has not acquired Air Europa and would never email their customers directly. It is a matter for Air Europa and not IAG,” …
IAG denies report it warned Air Europa’s customers of personal data leak Read More »
By Dave Graham and John Revill ZURICH (Reuters) – Skin care company Galderma’s shares soared on Friday after the maker of cosmetic fillers and medical creams made its stock market debut in Switzerland. The company’s shares started trading at 61 Swiss francs on the SIX Swiss Exchange, up 15% from the final price for its …
Skin care company Galderma’s shares soar on stock market debut Read More »
(Reuters) – European shares edged lower on Friday, pulled down by technology and luxury stocks, as traders took a breather after the benchmark index hit a record high in the previous session. The pan-European STOXX 600 index was down 0.1%, as of 0823 GMT, but still on track for its eighth consecutive weekly gain, with …
European shares retreat from record highs as techs drag Read More »
(Reuters) – The UK’s FTSE 100 inched up on Friday as investors continued to cheer the dovish tilt in the Bank of England’s monetary policy, while insurer Phoenix Group led gains after its annual results. The blue-chip FTSE 100 rose 0.3% by 0819 GMT. The index was set for its second consecutive week of gains, …
FTSE 100 eyes second weekly gain on BoE’s dovish tilt Read More »
By Jesús Aguado MADRID (Reuters) -Spain’s Santander said on Friday it expected to pay more than 6 billion euros ($6.50 billion) in dividends and share buybacks against 2024 results as part of its current dividend policy of distributing half of its earnings to shareholders. The new remuneration guidance implies that the euro zone’s second-biggest bank …
Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start Read More »
LONDON (Reuters) – British retail sales unexpectedly held steady in February despite wet weather hitting in-store sales, according to figures from the Office for National Statistics on Friday that added to signs the economy is recovering from last year’s mild recession. The ONS said retail sales volumes were flat and remained 1.3% below the levels …
By David Latona and Jesús Aguado MADRID (Reuters) – Beleaguered Spanish drugmaker Grifols will not be required to restate its accounts for the years 2021 and 2022, market supervisor CNMV said on Thursday, as its investigation found no significant errors in the amounts it had reported. CNMV also found “no evidence that the financial debt …
Spain’s supervisor CNMV finds no significant errors in Grifols accounts Read More »
By Niket Nishant and Echo Wang (Reuters) – Social media platform Reddit’s shares ended their first day of trading in New York up 48%, signaling that investor appetite for initial public offerings of promising yet loss-making companies could be returning. Reddit, which has not turned an annual profit since launching in 2005, lured investors by …
Reddit shares end trading up 48% in market debut Read More »
By Mimosa Spencer PARIS (Reuters) – LVMH’s group managing director Toni Belloni will step down, the company said on Thursday, with Stephane Bianchi taking over his operational functions as a younger generation moves up the ranks of the world’s biggest luxury group. The move is a rare top management reshuffle at Europe’s second-largest listed company, …
LVMH’s Stephane Bianchi promoted in top management reshuffle Read More »
By Alistair Smout LONDON (Reuters) – British women affected by an unexpected rise in the age at which they were entitled to receive a state pension should be compensated as the government communicated the change inadequately, a report on the issue said on Thursday. The Parliamentary and Health Service Ombudsman (PHSO) said that as the …
British women hit by state pension change should be compensated, report says Read More »
