Oil futures settled higher Thursday, finding support a day after President Trump said he was revoking a license issued by the Biden administration that had allowed Chevron to produce oil in Venezuela.
Our fair value estimate for Saint-Gobain is EUR 83. We believe the acquisitions of higher-margin CSR and Fosroc justify a medium-term EBIT margin of 12%, which exceeds management's target of between 9 ...
In Europe, the Stoxx Europe 600 dropped 0.8% in morning trading. Fugro rose 7.4% and Amadeus IT Group added 5.2%. On the other hand, Teleperformance sunk 11.1%, and Clariant slipped 10.7%. The FTSE ...
Sun Hung Kai Properties is conservatively managed. The company’s gearing averaged around 17% over the past five years. We expect gearing to remain low with the developer expected to utilize its ...
The latest data shows inflation is at its lowest level since February 2021, before a series of supply shocks drove it higher across Europe and much of the globe. It also marks the first time since ...
The biggest impact of the 24-hour economic blackout protest planned for Feb. 28 could be the strong message it sends about consumer mood right now. This year has been a difficult one for the idea that ...
The insurer proposed a dividend increase of 12% for 2024 after net profit rose in the final quarter. The group said it would buy back around $1 billion in shares after earnings were boosted by ...
The Bank of England should stick to a "careful and gradual" approach to lowering its key rate in the face of uncertainty about the strength of the jobs market and international trade, Deputy Governor ...
The Bank of England should stick to a "careful and gradual" approach to lowering its key rate in the face of uncertainty about the strength of the jobs market and international trade, Deputy Gov. Dave ...
The DAX-listed company said it is on track to meet its cost-saving target of 2.1 billion euros by the end of 2026. At the end of 2024, it achieved an annual cost reduction of around 1 billion euros.
The Munich-based company said it would propose a dividend for 2024 of 15.40 euros a share, a 12% increase. Separately, Allianz said late Thursday that it intended to launch a share buyback program of ...
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