(Reuters) – Italian retail sales rose 0.9% in December from the month before, data showed on Tuesday, following a 0.4% fall in November. Sales rose 9.4% in unadjusted year-on-year terms in December, ISTAT said. The data are expressed in value terms and are not adjusted for consumer prices, which increased 4.2% in December from the …
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish media group NENT said it saw subscribers to its streaming service Viaplay jump 33% in the fourth quarter to top 4 million as it expanded screening of Nordic noir crime dramas to more countries and broadcast sporting events. Releasing its quarterly results on Tuesday, NENT also forecast paid users …
Netflix rival and Nordic noir producer NENT boosts subscribers after rapid expansion Read More »
By Foo Yun Chee BRUSSELS (Reuters) – European Union authorities need to better understand the futuristic digital world known as the ‘metaverse’ before they can decide how to regulate it, the bloc’s antitrust chief said on Tuesday. The metaverse involves a network of virtual environments accessed via different devices where users can work, socialize and …
EU’s Vestager says analysing metaverse ahead of possible regulatory action Read More »
PARIS (Reuters) – State-owned French energy giant EDF will buy a GE’s France-based turbine unit, Barbara Pompili, the country’s minister for the environment and industry transition, told Franceinfo radio on Tuesday. (Reporting by Tassilo Hummel, editing by Jean-Michel Belot)
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 1.3% year-on-year in December, official data from the country’s national statistics institute (INE) showed on Tuesday. Analysts polled by Reuters expected an increase of 4.4% in December. (Reported by Marta Serafinko, editing by Inti Landauro)
LONDON (Reuters) – Marks & Spencer has maintained its position as Britain’s fastest growing food retailer, market researcher NielsenIQ said on Tuesday, indicating its turnaround plan is gaining momentum. It said M&S’s sales rose 12.3% in the 12 weeks to Jan. 29 year-on-year, giving it a UK grocery market share of 3.6%, up 0.4 percentage …
Britain’s M&S makes strong start to new year – NielsenIQ Read More »
PARIS (Reuters) – The issue of the Nord Stream 2 gas pipeline, directly linking Russia to Germany, is one of the key topics in talks aimed at easing the crisis with Russia on Ukraine, French Finance Minister Bruno Le Maire told France Inter radio on Tuesday. Le Maire in the interview also said that Europe …
Nord Stream 2 “key issue” in talks Ukraine crisis – France’s Le Maire Read More »
MADRID (Reuters) – French telecom operator Orange is exploring merging its Spanish unit, the country’s second largest, with local rival MasMovil, Expansion newspaper reported on Tuesday, citing unidentified market sources. The merger plan considers granting 50% in the new company to Orange on one hand and MasMovil’s shareholders -buyout funds KKR, Cinven and Providence- on …
Orange in talks to merge its Spanish unit with rival MasMovil, Expansion says Read More »
OSLO (Reuters) -Norwegian fertiliser maker Yara posted weaker than expected fourth quarter core profits on Tuesday while the board proposed raising its full-year dividend by more than analysts had predicted. October-December earnings before interest, tax, depreciation and amortisation (EBITDA), excluding one-off items, rose to $765 million from $511 million a year ago, while analysts in …
BRUSSELS (Reuters) – European Union car sales are expected to rise by 7.9% this year as semiconductor supply problems ease, but will still be some 20% below 2019 pre-pandemic levels, the European Automobile Manufacturers’ Association (ACEA) said on Tuesday. The association, which represents the 16 major Europe-based automakers, said this would follow a 2.4% decline …
EU car sales to rise 7.9% in 2022 as chip supply stabilises – ACEA Read More »
