COPENHAGEN (Reuters) -Orsted shareholders voted yes to the offshore wind group’s proposed $9.4 billion rights issue at an extraordinary general meeting on Friday, the official tally showed. (Reporting by Stine Jacobsen and Jacob Gronholt-Pedersen)
By Maria Martinez BERLIN (Reuters) -Germany’s economy is showing tentative signs of emerging from a protracted slump, with gross domestic product seen inching up by 0.2% in 2025, according to projections released on Friday by the German Institute for Economic Research (DIW Berlin). This is a downward revision from the previous forecast of 0.3% growth …
Germany set for tepid 2025 growth, accelerating in 2026 and 2027, DIW says Read More »
LONDON (Reuters) -Emerging markets specialist investor Ashmore reported lower-than-expected fee revenue and a dip in profit in its annual results on Friday, provoking a 7% drop in its shares in early trading. Net management fees – a key component of company revenue – fell 19% to 129.7 million pounds ($175 million) in the year to …
Ashmore’s management fees miss forecasts, shares slide Read More »
(Reuters) -French aerospace and defense group Safran is exploring the sale of a large part of its aircraft interiors business, the Financial Times reported on Friday, citing three people familiar with the matter. The assets sold could be worth as much as 1.5 billion euros ($1.76 billion), the report said. The company’s cabin seat business, …
Safran weighs sale of aircraft interiors assets worth $1.76 billion, FT reports Read More »
By David Milliken LONDON (Reuters) -British retail sales rose more than expected in July, boosted by good weather and the women’s European soccer championship, but annual growth was slower than expected after extensive revisions to previous months’ data. Sales volumes in July were up 0.6% from June, the Office for National Statistics said on Friday, …
Women’s soccer and hot weather boost British retail sales in July Read More »
By Rhea Rose Abraham and Marleen Kaesebier (Reuters) -Swiss banking software group Temenos has parted ways with chief executive Jean-Pierre Brulard with immediate effect, the company said late on Thursday, sending its shares down around 14% on Friday. After what Chairman Thibault de Tersant called “a thorough review of the interactions between Jean-Pierre and his …
Temenos parts ways with CEO Brulard, shares fall Read More »
PARIS (Reuters) -Airbus delivered 61 aircraft in August, bringing deliveries for the first eight months of the year to 434 jets, down 3% from the same period last year, the planemaker said on Friday, confirming a Reuters report. The European aerospace group also formally booked an order for 90 jets from Avolon, after the Irish …
By Jan Lopatka OSTRAVA, Czech Republic (Reuters) -The main Czech opposition party ANO, headed by business tycoon and former prime minister Andrej Babis, pledged on Thursday to cap energy prices, lower the pension age and reduce taxes for individuals and companies as it launched a final push to win back power next month. ANO is …
Czech former PM Babis pledges cheap energy, lower pension age in bid to win back power Read More »
(Reuters) -West Africa-focused Tullow Oil named oil and gas industry veteran Ian Perks as its new CEO on Friday, succeeding Richard Miller, who will return to his previous role as the group’s chief financial officer. The change comes as the company, which has been streamlining its operations, recently agreed to sell its assets in Gabon …
Tullow Oil names industry veteran Ian Perks as new chief Read More »
(Reuters) -British homebuilder Berkeley reaffirmed its profit forecast for fiscal years 2026 and 2027 on Friday and reported stable trading over the first four months of fiscal 2026. The UK housing market faces renewed uncertainty as persistently high borrowing costs and stubborn inflation reignite affordability concerns, while planning and regulatory hurdles compound the sector’s struggles. …
UK’s Berkeley reaffirms profit forecast for fiscal 2026-2027 Read More »
