PARIS (Reuters) -French media giant Vivendi’s first-quarter sales grew by 7.9% at constant exchange rates and excluding acquisitions, driven by its pay-TV and advertising operations, it said on Monday. Total revenue advanced to 2.38 billion euros ($2.56 billion) from 2.1 billion a year ago. Pay-TV Canal Plus, now the company’s biggest asset after the spin-off…
By Ludwig Burger (Reuters) -Swiss drugmaker Roche’s first quarter sales rose a better-than-expected 10% on strong U.S. demand for rapid COVID-19 antigen tests and drugs including Ocrevus against multiple sclerosis as well as Hemlibra against haemophilia. Quarterly sales rose to 16.44 billion Swiss francs ($17.17 billion), up from 14.93 billion Swiss francs in the year-earlier…
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor Co on Monday posted a 19% rise in first-quarter profit as favourable exchange rates offset a jump in raw material costs and a drop in sales caused by the prolonged global chip shortage. Net profit climbed to 1.6 trillion won ($1.28 billion) for the January-March…
By Yuka Obayashi TOKYO (Reuters) -Oil prices slumped to near two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns in Shanghai and potential U.S. rate hikes would hurt global economic growth and fuel demand. Brent crude futures were down $3.15, or 3.0%, at $103.50 a barrel by 0326…
