By Huw Jones LONDON (Reuters) -London Stock Exchange Group’s (LSEG) cost and savings targets for integration of data company Refinitiv are on track, it said after half-year results and the launch of a larger than expected 750 million pound ($911 million) share buyback. Investors are closely monitoring the integration of Refinitiv, which LSEG bought for …
London Stock Exchange says Refinitiv costs and savings on track Read More »
STOCKHOLM (Reuters) – Scandinavian airline SAS said on Friday its total number of passengers decreased by 32% in July compared with June, and capacity by 23%, due to a 15-day pilot strike in July. SAS grounded some 3,700 flights during the crippling strike that left 380,000 passengers stranded. (Reporting by Anna Ringstrom, editing by Terje …
Strike-hit SAS passenger count fell 32% in July from June Read More »
LONDON (Reuters) -Equinor’s Rosebank oil and gas field in the British North Sea will require capital expenditure of about 4.3 billion pounds ($5.22 billion), Equinor’s UK upstream chief Arne Guertner told Reuters on Friday. Ahead of a final investment decision planned for early next year, Equinor on Thursday submitted an environmental plan for the field …
Equinor’s UK Rosebank investment to reach $5.2 billion Read More »
LONDON (Reuters) – The Bank of England is trying to maintain flexibility on its options for changing interest rates and investors should not assume it is set to do more big rate hikes, BoE Chief Economist Huw Pill said on Friday. “We’re trying to ensure there’s an element of flexibility …. Given the uncertainties we …
Bank of England trying to keep flexibility on rates – chief economist Read More »
By Sachin Ravikumar and Joice Alves LONDON (Reuters) -WPP upgraded its annual net sales outlook on Friday thanks to higher client spending but shares in the world’s largest advertising group slid nearly 8% as the news failed to excite investors expecting stronger forecasts. The results come as investors and analysts look to gauge how advertising …
WPP boosts sales outlook but falls short of investors’ expectations Read More »
BERLIN (Reuters) – Customers of Germany’s EnBW could see their electricity bills jump by almost a third from October 1, according to a media report, as power utilities hike prices to pass on soaring energy costs. EnBW’s basic supply tariff is set to increase by an average of 31.1%, and other tariffs will see a …
German utility EnBW plans 31% electricity bill hike – report Read More »
By Sinchita Mitra (Reuters) – Hargreaves Lansdown Plc on Friday beat annual profit expectations helped by better cost management, sending shares in the British investment platform to a 2-1/2-month high. Last year Hargreaves battled soaring costs which hit its underlying annual profit and prompted it to launch strategic initiatives to manage costs efficiently. “This past …
Hargreaves Lansdown shares hit 2.5 month high on profit beat Read More »
By Bansari Mayur Kamdar (Reuters) – European shares edged lower on Friday as crude prices continued to weigh on energy stocks, with all eyes on U.S. jobs data expected later in the day. The pan-European index STOXX 600 was down 0.1% amid worries that the U.S. Federal Reserve’s aggressive pace of rate hikes would slow …
European shares fall as energy stocks weigh; focus on U.S. jobs data Read More »
(Reuters) -Warner Bros. Discovery Inc said on Thursday it would merge the HBO Max streaming service with Discovery+ as a single offering, combining WarnerMedia’s dramas, comedies and movies with Discovery’s reality shows. The move, which confirms a Reuters report L1N2ZE2VJ, is seen as an attempt to lure more customers as streaming services face a slowdown …
Warner Bros. Discovery to merge streaming services HBO Max, Discovery+ Read More »
By Akash Sriram (Reuters) – Tesla Inc will host its annual general meeting on Thursday, with the world’s most valuable automaker’s proposal for a second stock split in as many years set to take center stage for investors gathered in Austin, Texas. Also on the agenda are shareholder proposals for corporate governance-related items, including endorsing …
Tesla stock-split proposal to headline annual meeting in Texas Read More »
