By Lina Golovnya (Reuters) -Rafale fighter jet maker Dassault Aviation on Thursday said supply chain issues had deteriorated further since last year and made it more difficult to process its orders. “This situation has an impact on the development and production of our aircraft, while we need to ramp up to meet our commitments,” it …
Dassault Aviation says supply chain issues weigh on production Read More »
By David Shepardson WASHINGTON (Reuters) -A Fiat Chrysler auto engineer charged with making misstatements to U.S. regulators about diesel engines’ emission control systems pleaded guilty to a felony, the U.S. Justice Department said on Thursday. The Justice Department said the guilty plea by Emanuele Palma accompanies the earlier conviction of Fiat Chrysler, now part of …
Stellantis unit official pleads guilty to felony in US diesel emissions probe Read More »
By Shreyashi Sanyal and Shristi Achar A (Reuters) -Europe’s STOXX 600 index closed at a one-month high on Thursday, supported by miners, banks and healthcare sectors, although chip stocks saw a heavy selloff after Taiwanese chipmaker TSMC’s bleak sales forecast. The pan-European STOXX 600 index was up 0.4%, extending gains to the third straight session. …
European shares end at 1-month high, tech stocks tumble Read More »
LONDON (Reuters) -Britain’s high food price inflation has not been driven by weak retail competition, the country’s competition regulator said on Thursday in an initial update of its probe into the sector. The Competition and Markets Authority’s (CMA) report was published after some politicians, consumer groups and trade unions claimed supermarkets were profiteering during a …
UK’s high food inflation not driven by weak competition -regulator Read More »
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9% in after-hours trading. The revenue figure, along with a weaker-than-expected forecast for revenue in the third quarter, overshadowed the addition of 5.9 million …
Netflix quarterly revenue misses forecasts, shares slide Read More »
By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British homebuilder Vistry Group on Thursday joined its bigger rivals in flagging an intensifying slowdown in the housing market, but retained its annual profit forecast citing resilient demand in its affordable homes business. The FTSE 250 firm works with local government authorities and housing associations to build …
Vistry flags tough housing market, reiterates profit forecast Read More »
(Reuters) -British car dealership Lookers said on Thursday that shareholders representing about 25% of its voting rights intended to oppose a proposed acquisition by Global Auto Holdings and the deal was unlikely to succeed. “In the event that the resolutions (related to the proposed deal) do not pass, as the Lookers directors now expect, the …
Lookers says Global Auto deal unlikely to get shareholder approval Read More »
By Yadarisa Shabong (Reuters) -British online trading platform IG Group on Thursday raised its dividend and announced a new share buyback after recording annual revenues of 1 billion pounds ($1.29 billion) for the first time, partly helped by strong U.S. trading. IG Group, which offers trading of asset classes such as indices, foreign exchange, stocks …
UK’s IG Group revenue hits 1 billion pound for first time, eyes international growth Read More »
By Lucy Raitano LONDON (Reuters) – Shares in UK pharmaceutical company Hikma rose by the most in 10 months on Thursday, hitting an 18-month high, following news of tornado damage to a U.S. facility owned by competitor Pfizer, which boosted other drugmakers’ stock. Pfizer said on Wednesday its plant in Rocky Mount, North Carolina, which …
Shares in Pfizer rivals Hikma, Fresenius rally after tornado hits factory Read More »
By Amy-Jo Crowley LONDON (Reuters) -Three major bidders for the consumer data arm of UK business media group Ascential have walked away from the auction, people familiar with the situation said, putting a question mark over attempts to break up the 1 billion pound ($1.29 billion) group. London-listed Ascential had intended to sell the business, …
Exclusive-Key bidders in Ascential break-up quit auction – sources Read More »
