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...The company will now focus on a plan to reach 3 to 5 per cent comparable growth by 2025, he said....
...“The board would like to pay tribute to Noel’s leadership of the company,” said Tucker....
...S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...Shares in Deutsche were down 7.5 per cent at €15.29 on Monday....
...Inchcape shares traded on the London Stock Exchange rose 5 per cent per cent on Monday....
...It warned that “the full amount of all claims, including cumulative interest, is approximately €1.3bn”....
...Total assets in Taiwan equities ETFs grew 8 per cent in two months to NT$1.52tn by end of February from NT$1.41tn by end-2023, according to data from the FSC....
...Total gross new mortgage lending fell to £5.2bn in the period, compared with £9.9bn a year earlier....
...5 and 10 per cent year on year, having set out sweeping cost cuts in February of £1bn....
...The group revised its expectations for unemployment and now expects a 1.5 per cent rise in house prices this year....
...The company expects full-year organic sales growth in a range of about 4 per cent for the full year. In North America, real internal growth was down 5.8 per cent on falling sales of frozen food....
...The new rules on British Isas could generate an extra £1.5bn in investment in UK companies, according to Citi....
...On average, the nation’s biggest banks pay an average interest rate of 2.9 per cent to depositors, up from 1.8 per cent a year ago, but still well below the Fed’s short-term official interest rate of 5.5...
...Like-for-like sales grew 1.5 per cent in the first quarter of the year; analysts had forecast a 0.9 per cent drop. Net revenues declined 4.6 per cent on a reported basis to £3.7bn....
...The number of companies filing for insolvency fell to 1,815 last month, a 17 per cent drop on March 2023, according to official data released on Friday....
...PwC’s UK firm, which encompasses its Middle East operations, generated £5.8bn in revenues last year. It employs about 35,000 people across both regions....
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
...Revenue is expected to have declined 9.5 per cent to $16.2bn in the three months ending March. The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
...Its most recent closing share price was HK$29.5. The deal is worth up to HK$13.91bn (€1.7bn), the company said on Monday, and values its equity at €6bn....
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
...Expenses increased by less than sales and, in the final quarter, net income climbed by 23.5 per cent to €1.3bn, slightly ahead of analyst expectations....
...The Ifo Institute said on Wednesday that its business climate index, based on a poll of 9,000 companies, rose 1.5 points to 89.4, above the forecasts of economists polled by Reuters to reach its highest...
...Alongside easing wage growth in the year to March — it fell to 6.1 per cent from 6.5 per cent in the 12 months to February — businesses continued to report a better outlook for price growth....
...Non-store retailing, which includes online, contracted 1.5 per cent in March, while sales in department stores were down 3.8 per cent....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
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