Business
NatWest first-quarter profit slides 27%
LONDON (Reuters) - NatWest's first-quarter profit fell by a less than expected 27%, it said on Friday, hit by a hiatus in rising central bank interest rates that drove mortgage market competition and squeezed margins across the British banking ...
CVC sets IPO price at 14 euros per share, middle of range
AMSTERDAM (Reuters) - CVC Capital Partners said on Friday it had set the final price for its initial public offering (IPO) at 14 euros ($15.02) per share, at the middle of its announced range. The IPO in Amsterdam, announced this month and ...
Nomura Q4 net profit jumps almost eight fold on retail income surge
TOKYO (Reuters) - Nomura Holdings, Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail income rose to its highest in eight years. January-March net profit ...
Column-Macron dig at ECB remit may jar bond investor nerves :Mike Dolan
By Mike Dolan LONDON (Reuters) - The slightly alarming sight of a French leader calling on the European Central Bank to nuance its focus on inflation may be less dramatic than it first seems - but it speaks loudly to market zeitgeist and ...
VW's trucks arm Traton posts higher sales even as markets normalise
(Reuters) - Volkswagen's trucks arm Traton reported a 5% jump in first-quarter sales revenue on Friday, citing a favourable product and market mix and improved unit price realisation. The German truckmaker's sales revenue grew to 11.8 billion ...
Airport operator ADP Q1 revenue beats expectations on traffic growth
(Reuters) - French airport group ADP reported on Friday a 10% rise in revenue in the first quarter, better than analysts had expected, citing traffic growth and a good performance of its retail activities in Paris. The group, which runs the ...
Remy Cointreau reports better-than-expected Q4 sales
LONDON (Reuters) - Cognac maker Remy Cointreau reported a 0.7% decline in fourth-quarter sales on Friday, well ahead of analyst expectations for a 3.4% fall. (Reporting by Emma Rumney; Editing by Jamie Freed)
Defence gear maker Saab's Q1 operating profit rises 28%
STOCKHOLM (Reuters) - Swedish defence equipment maker Saab reported on Friday a 28% rise in operating profit for the first quarter and raised its organic sales growth outlook for the full year. (Reporting by Johan Ahlander, editing by Anna ...
Safran posts higher Q1 revenue, keeps financial targets
PARIS (Reuters) - French jet engine maker Safran posted an 18.1% year-on-year increase in first-quarter revenue and reaffirmed financial targets for the year, while joining its U.S. partner GE Aerospace in lowering a target for engine deliveries.
Amundi's Q1 inflows beat expectations on Asian JV contribution
PARIS (Reuters) - Amundi, Europe's biggest fund manager, posted better-than-expected first-quarter inflows on Friday thanks to its joint ventures in Asia and continued appetite for risk-averse products that underpinned 9.4% yearly growth of ...