(Reuters) -Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts’ projections and delivered better-than-expected earnings in the fourth quarter,…
German wholesales growth to halve in 2023 – trade association BGA
BERLIN (Reuters) – German wholesalers can expect sales growth to halve in 2023 after a jump last year fuelled by…
SEB beats profit forecasts helped by trading income, hikes dividend
By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group SEB beat fourth-quarter net profit forecasts on Thursday on higher interest income…
Turkish central bank to provide support to firms that convert forex from abroad
ISTANBUL (Reuters) -Turkey’s central bank said on Thursday it would provide foreign exchange conversion support to companies that bring in…
Norway’s DNB bank told to replace ‘ineligible’ capital
By Huw Jones LONDON (Reuters) -Norwegian bank DNB is holding ineligible bonds in one of its main capital buffers and…
U.S. GDP grows in fourth quarter; weekly jobless claims fall
NEW YORK (Reuters) – The U.S. economy kept up a strong pace of growth in the fourth quarter, but momentum…
Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia
By Anne Kauranen HELSINKI (Reuters) – Finnish elevator-maker Kone said on Thursday it would slash up to 1,000 jobs globally…
Wizz Air sees strong summer, but more wary than rivals
By Sarah Young LONDON (Reuters) -Wizz Air is upbeat on summer demand for travel but more cautious than its competitors,…
U.S. core capital goods orders fall in December
WASHINGTON (Reuters) – New orders for U.S.-made capital goods fell in December, while shipments declined for a second straight month,…
Tanqueray gin maker Diageo’s U.S. sales lose fizz, shares slide
By Richa Naidu LONDON (Reuters) – Diageo, the world’s largest spirits maker, signalled on Thursday that robust demand for its…