ZURICH (Reuters) – S&P Global Ratings has downgraded Credit Suisse Group’s long-term credit rating to one step above junk bond…
Sodexo sees demand for catering and vouchers lifting margins
By Diana Mandia (Reuters) -Sodexo expects its operating profit margin to rise to over 6% in 2025 as more companies…
COVID, Ukraine war cost German economy 420 billion euros – study
BERLIN (Reuters) – The COVID-19 pandemic and the war in Ukraine collectively cost the German economy 420 billion euros ($415.38…
Marketmind: Downbeat on the downshift
A look at the day ahead in U.S. and global markets from Mike Dolan. The recent burst of stock market…
Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) -Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestle, are almost…
Telecom operator VEON seeking sale of Russian operations
AMSTERDAM (Reuters) -Dutch telecoms operator Veon Ltd said on Wednesday it was seeking the sale of its Russian operations, which…
Mitsubishi Motors says no decision yet on investing in Renault’s new EV unit
TOKYO (Reuters) – Mitsubishi Motors Corp, a junior partner in the Nissan Motor Co and Renault alliance, has not made…
German manufacturing slumps in October as new orders drop – PMI
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector gathered pace in October as output and new orders slumped, marking…
Wizz Air eyes more growth, sees travel demand holding up
By Sarah Young LONDON (Reuters) -Budget airline Wizz Air said it planned to grow its capacity by 35% this winter…
Volvo Cars’ sales up 7% in October
STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Wednesday its sales grew 7% year-on-year in October to 54,317 cars.…