By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Carlsberg on Thursday reported a decline in underlying sales and volumes for the third quarter from a year earlier, citing a challenging consumer environment, and said it was taking steps to cut costs. The Danish brewer, the world’s third-largest after Anheuser-Busch InBev and Heineken, posted a 1.4% drop in organic …
Carlsberg weighed down by weak consumer spending Read More »
By Hugo Lhomedet and Mathias de Rozario (Reuters) -French voucher and benefits company Pluxee on Thursday raised its margin guidance for fiscal year 2026 due to high client retention but forecast slower revenue growth citing an uncertain market environment. Pluxee, which spun off from Sodexo in 2024, posted recurring earnings before interest, taxes, depreciation, and …
Pluxee cuts 2026 outlook on uncertain market environment but raises margin guidance Read More »
By John O’Donnell and Christoph Steitz BERLIN/FRANKFURT (Reuters) -U.S. sanctions on Russian oil producer Rosneft have rekindled discussions in Germany about nationalising the company’s business there, including a refinery that Berlin depends on for most of its fuel, two sources familiar with the talks told Reuters. The situation highlights the complex web linking Germany with …
Exclusive-Germany examines nationalising Rosneft arm after Trump sanctions, say sources Read More »
LONDON (Reuters) -Britain’s Virgin Media O2 said it had signed a deal with Elon Musk’s Starlink to boost mobile coverage in rural areas, initially with messaging and data services when it launches in the first half of 2026. VM O2, a joint venture between Telefonica and Liberty Global, said it would be the first British …
UK’s Virgin Media O2 signs deal with Musk’s Starlink for rural coverage Read More »
BERLIN (Reuters) -Vehicle production at Volkswagen’s German sites is secured for next week as of Thursday, the carmaker said, but warned that disruptions remain a risk as a trade stand-off over Dutch chipmaker Nexperia weighs on auto suppliers. “The supply shortage at the Dutch chip manufacturer Nexperia continues, for the time being, to have no …
VW secures production for another week but warns of chip supply risk Read More »
(Reuters) -Britain’s Vodafone on Thursday said it will acquire German cloud and digital transformation firm Skaylink for 175 million euros ($204.09 million) from private equity firm Waterland, in a push to expand its service offerings. Skaylink, which has over 500 employees across Germany and Europe, specialises in managing cloud deployments on Microsoft and Amazon Web …
Vodafone to buy German cloud specialist Skaylink for $204 million Read More »
By Mathieu Rosemain PARIS (Reuters) -France’s Credit Agricole SA said on Thursday its third-quarter profit rose 10%, beating expectations but helped by a revaluation gain on its increased stake in Italy’s Banco BPM and stronger investment banking revenues. Net income came in at 1.84 billion euros ($2.15 billion) in the three months to end-September, up …
Credit Agricole profit beats forecasts on Italy stake gain Read More »
By Bartosz Dabrowski (Reuters) -German chemicals maker Covestro narrowed its full-year core profit forecast on Thursday due to soft demand, but said its financial stability would be secured as the $17 billion takeover by Abu Dhabi state oil firm ADNOC is set to close in the fourth quarter. Covestro, which had already cut its outlook …
Covestro trims full-year guidance, says ADNOC deal on track to close in Q4 Read More »
By Jaspreet Singh and Echo Wang (Reuters) -Meta on Wednesday forecast “notably larger” capital expenses next year thanks to investments in artificial intelligence, including aggressively building data centers to power its AI push. The Facebook and Instagram parent reported third-quarter revenue growth of 26% that beat market estimates, but that jump was outpaced by a …
(Reuters) -Britain’s TT Electronics said on Thursday it agreed to the terms of a buyout proposal by Swiss firm Cicor Technologies, which will value the company at about 287 million pounds ($385.18 million). Under the deal terms, each TT Shareholder will receive 100 pence in cash apiece and 0.0028 new Cicor shares. ($1 = 0.7451 …
Swiss firm Cicor agrees to buy UK’s TT Electronics in $385 million deal Read More »
