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BELGRADE (Reuters) – Serbia on Thursday signed a landmark agreement with France’s Dassault Aviation for the purchase of an undisclosed number of Rafale fighter jets. The agreement, signed by Serbia’s defense Minister Bratislav Gasic and Dassault Aviation CEO Eric Trappier, also includes the purchase of “accompanying equipment and services,” an announcement said. (Reporting by Aleksandar …

Serbia, France’s Dassault Aviation sign agreement on purchase of Rafale fighter jets Read More »

BERLIN (Reuters) – German labour union Verdi warned Deutsche Bahn in a positioning paper on Thursday against selling its logistics unit Schenker to Danish bidder DSV, fearing thousands of job losses. CONTEXT Germany’s state-owned railway is looking to sell Schenker to concentrate on upgrading its rail transport in Germany and to reduce its debt. The …

Selling Deutsche Bahn’s Schenker to DSV would cost thousands of jobs, labour union warns Read More »

By Paolo Laudani and Eva Orsolya Papp (Reuters) -German online takeaway food company Delivery Hero on Thursday reported stronger than expected growth it its second-quarter gross merchandise value and confirmed its full-year outlook on the back of higher order volumes. Quarterly gross merchandise value or GMV, a common metric for delivery firms measuring the total …

Delivery Hero posts stronger than expected GMV growth in Q2 Read More »

LISBON (Reuters) – Portuguese airline TAP said on Thursday its second-quarter net profit fell 10% to 72.2 million euros ($80.3 million), as foreign exchange losses from the devaluation of the Brazilian real offset an operating income increase. The state-owned flag carrier’s operating income rose 3.4% to 1.1 billion euros during the period, with passenger revenues …

Portugal’s TAP profit falls on foreign exchange losses Read More »

(Reuters) – Birkenstock missed expectations for third-quarter revenue on Thursday as customers held back from spending on pricey footwear, such as the German sandal maker’s cork-based shoes, amid still-high costs of living. The company reported quarterly revenue of 564.8 million euros ($626.1 million), compared with analysts’ estimates of 565.2 million euros, according to LSEG data. …

Birkenstock misses sales estimates as consumers cut back on spending Read More »

By Emma Rumney (Reuters) -France’s Pernod Ricard on Thursday forecast its sales will grow again next year even as challenges in the U.S. and Chinese markets persist, after reporting an annual 1% drop largely in line with forecasts and its own guidance. The world’s No.2 Western spirits maker and its rivals have suffered as a …

Pernod Ricard forecasts return to growth in 2025 Read More »