[ad_1] FILE PHOTO: Carsten Spohr, Chairman of the Executive Board and Chief Executive Officer of Deutsche Lufthansa AG attends the Europe Aviation Summit in Brussels, Belgium March 3, 2020. REUTERS/Johanna…
Tag: Results Forecasts / Warnings
Man Group assets grow 4% on market recovery
[ad_1] (Reuters) – British hedge fund manager Man Group EMG.L on Friday reported a 4.4% rise in funds under management, as it saw a recovery in markets after a steep…
DS Smith to buy Romanian packaging and paper business in $245 million deal
[ad_1] (Reuters) – Britain’s DS Smith Plc SMDS.L said on Wednesday it would acquire a Romania-based paper and packaging business for an enterprise value of about 208 million euros ($244.6…
Outsourcer Mitie says first-half more resilient than expected
[ad_1] (Reuters) – Mitie Group MTO.L said on Thursday cost cuts eased a blow to first-half profit from the earlier-announced loss of a pair of major contracts and COVID-19 driven…
German economy grows at record pace before second wave of pandemic
[ad_1] BERLIN (Reuters) – The German economy grew by a record 8.2% in the third quarter as higher consumer spending and exports helped Europe’s largest economy to recover partly from…
Investment bank loss mars Thiam’s final act at Credit Suisse
[ad_1] By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse posted its highest annual profit in nearly a decade on Thursday, but volatile earnings at its investment bank and trading…
UK’s Hut Group lifts revenue forecast, shares jump nearly 10%
[ad_1] (Reuters) – E-commerce firm The Hut Group raised its annual revenue forecast for the second time in less than two months on Monday, as it benefited from strong demand…