By Federica Mileo (Reuters) -Sodexo on Wednesday said it expected 2023 revenue and profit margins to hit 2019 levels, as…
Reckitt flags pressure on consumers as volumes decline
By Richa Naidu LONDON (Reuters) -Reckitt Benckiser, maker of Dettol cleaning products and Durex condoms, on Wednesday reported a decline…
Barclays beats forecast on trading boom, but bad loan charges rise
By Lawrence White and Iain Withers LONDON (Reuters) -Barclays beat forecasts with a small rise in third-quarter profit on Wednesday…
Exclusive-Vietnam may widen dong trading band again to conserve FX reserves – source
HANOI (Reuters) – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading…
Euro zone credit growth rises again, despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in…
Santander’s higher provisions and costs overshadow Q3 beat
By Jesús Aguado MADRID (Reuters) – Higher loan loss provisions in some of Santander’s key markets, such as Brazil and…
India orders Google to allow third-party payments, slaps on another fine
By Praveen Paramasivam and Aditya Kalra NEW DELHI (Reuters) -Alphabet Inc’s Google should not restrict app developers from using third-party…
Puma lagging behind inflation with its price increases – CEO
BERLIN (Reuters) – Puma is lagging somewhat behind inflation with its price increases, said the German sportswear maker’s chief executive,…
Mercedes-Benz to quit Russian market, sell shares to local investor
BERLIN/MOSCOW (Reuters) – Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial…
StanChart surprises with 40% profit jump, ups income goal on rising rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest rates boosted the…