(Reuters) -Ticketing firm Trainline said on Thursday it expects to report annual adjusted core profit at the top end of its forecast range, sending shares as high as 15% in early trading. The London-based company reported an 8% increase in net ticket sales for the first-half of the year, driven by robust leisure travel, easing …
UK’s Trainline expects annual profit at top end of forecast, shares jump Read More »
LONDON (Reuters) – Britain’s finance minister Rachel Reeves said on Thursday she would look at reforming business property taxes to make it easier for smaller firms to expand, as she seeks to step up efforts to boost growth. As her annual budget on November 26 approaches, speculation about tax increases and worries over inflation are …
UK finance minister eyes tax reform to help small business expansion Read More »
By Maria Martinez BERLIN (Reuters) -German exports are expected to slump 2.5% this year as the sector faces “massive pressure” from weakening global demand, higher domestic costs and rising protectionism, the BGA trade association warned on Thursday. Citing a new survey, BGA president Dirk Jandura said the group’s foreign trade climate indicator remains deep in …
German exports expected to fall 2.5% this year, says BGA trade lobby Read More »
By Maria Martinez BERLIN (Reuters) – The number of German business insolvencies registered in the first half of the year jumped 12.2% from a year earlier, the statistics office said on Thursday, highlighting the challenges for Chancellor Friedrich Merz’s government in its efforts to revive economic growth. Final results showed that local courts registered a …
German business insolvencies up 12.2% in the first half of the year Read More »
OSLO (Reuters) -Norwegian companies expect output growth to remain elevated through the second half of 2025 and plan to increase the number of employees through the autumn, a central bank survey showed on Thursday. “Contacts expect somewhat higher investment in 2025 than in 2024 and growth to remain firm in 2026,” the central bank said …
Norwegian companies expect elevated output growth, central bank survey shows Read More »
By Mateusz Rabiega (Reuters) – French energy infrastructure company Technip Energies said on Thursday it had agreed to buy U.S.-based chemicals group Ecovyst’s Advanced Materials & Catalysts business for $556 million, sending its shares up over 4% in early trading. Under the agreement the company, which specialises in technology for the energy sector, will acquire …
Technip Energies buys Ecovyst’s Advanced Materials & Catalysts business for $556 million Read More »
(Reuters) – Spanish power utility Iberdrola has bought a 30.29% stake in its Brazilian business Neoenergia from Brazil’s Previ pension fund for 11.95 billion reais ($2.21 billion), it said on Thursday. The acquisition increases Iberdrola’s stake in Neoenergia to 83.8%, it said. Neoenergia is Brazil’s largest power utility in terms of customers. The deal is …
Iberdrola raises stake in Brazil’s Neoenergia to 84% for $2.2 billion Read More »
(Reuters) – Swiss Marketplace Group is set to be valued at up to $5.6 billion in its upcoming IPO on the Swiss stock exchange, which is to take place on or around September 19, major stakeholder TX Group said on Thursday. SMG has begun its bookbuilding process with an estimated market capitalisation of between 4.2 …
SMG to be valued at up to $5.6 billion in next week’s IPO Read More »
(Reuters) -London’s Heathrow Airport said on Thursday that it has handled more than 8 million passengers in August, marking a new milestone amid record-breaking summer travel volumes. Heathrow, Europe’s busiest hub, said it hit its busiest day ever on August 1 with more than 270,000 passengers and Terminal 5 set a new single-day record on …
London’s Heathrow surpasses 8 million passengers in August Read More »
By Tom Sims and Valentina Za FRANKFURT/MILAN (Reuters) -A year in to UniCredit’s campaign to persuade Commerzbank to open merger talks, CEO Andrea Orcel’s hopes of overcoming German opposition seem as distant as ever. But the Italian bank’s push for an ambitious tie-up has led to a significant overhaul at Germany’s second-largest lender. As UniCredit …
A year on, Italy’s UniCredit leaves mark on Germany’s Commerzbank Read More »
