By Khushi Singh and Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 stock index ended higher on Tuesday, led by gains in travel and mining shares, while Bunzl hit a record high after the business supplies distributor forecast a strong annual profit. The blue-chip FTSE 100 index was up 0.2%, marking its fourth straight day of …
FTSE 100 rises on travel and mining boost; Bunzl hits record high Read More »
(Reuters) -Britain’s Harbour Energy said on Tuesday it expects to complete the acquisition of Wintershall Dea’s assets in early September, versus its previous forecast of early in the fourth quarter of the year. Harbour’s shares were up 7.2% at 301.10p in morning trade. The largest British North Sea oil and gas producer said it has …
UK’s Harbour Energy to close Wintershall Dea asset deal in September Read More »
OSLO (Reuters) -Scandinavian airline SAS has reached a wage deal with cabin crew in Norway, prompting workers to call off a strike that has grounded dozens of flights since it began late last week, the carrier and two labour unions said on Tuesday. SAS, which has been under bankruptcy protection for more than two years …
SAS reaches wage deal to end Norway cabin crew strike Read More »
By Tassilo Hummel PARIS (Reuters) – Telegram boss Pavel Durov could be held in police custody until Wednesday after French prosecutors said they had granted extra time for questioning, while a senior ally of Russian President Vladimir Putin alleged Washington was behind his arrest. Durov, a Russian-born billionaire, was arrested in France over the weekend …
Telegram boss to stay in French custody as Russia alleges US meddling Read More »
By Yamini Kalia (Reuters) – Britain’s Bunzl raised its annual adjusted operating profit forecast on Tuesday, benefiting from acquisitions and demand for its own brand business supplies, lifting it shares to a record high. Bunzl’s shares rose by as much as 12% in early trading and were up 10.6% to 3,558 pence at 0743 GMT. …
UK’s Bunzl lifts profit outlook on robust demand, shares hit record high Read More »
By Kate Abnett and Bart Biesemans BRUSSELS (Reuters) – Ryanair Group Chief Executive Michael O’Leary on Tuesday said that Boeing’s new management “continue to disappoint” and that deliveries were behind schedule. The Irish airline, one of Boeing’s largest customers, said there was a risk it would take delivery of just 20-25 of the 737 MAX …
Ryanair’s O’Leary says new Boeing management ‘continue to disappoint’ Read More »
ZURICH (Reuters) – Swiss media company Tamedia said on Tuesday it will start a fresh round of cost-saving measures as it closes two of its three printing works and lays off almost 300 staff. Tamedia, publisher of the daily newspaper Tages-Anzeiger said it would cut around 200 jobs in the printing works and that another …
Swiss media firm Tamedia plans nearly 300 layoffs, printing works closures Read More »
By Arsheeya Bajwa (Reuters) – Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. But investors used to its blockbuster results will be expecting even more from the artificial intelligence chip giant. A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on …
Nvidia sales likely doubled – even that may not impress investors Read More »
MADRID (Reuters) -Spanish bank Santander launched a 1.525 billion euro ($1.7 billion) share buyback programme on Tuesday as part of its shareholder remuneration target of about 50% underlying profit. The group’s distribution policy is split in roughly equal parts between cash dividends and share buybacks. In the first half of 2024 Santander booked a record …
Santander starts $1.7 billion share buyback programme Read More »
By Kate Abnett and Bart Biesemans BRUSSELS (Reuters) -Ryanair no longer sees a risk of double-digit percentage falls in average fares this summer as weakness has “levelled out,” Group CEO Michael O’Leary said in an interview on Tuesday. Shares in the Irish airline plunged 15% last month when O’Leary warned of a downward trend in …
Ryanair says fare falls have levelled out, worst case avoided Read More »
