China’s Xi pledges deeper Kazakh ties in times of ‘prosperity and adversity’
By Andrew Hayley XIAN, China (Reuters) -China wants to further deepen relations with Kazakhstan in times of both “prosperity and…
May 17, 2023
JD Sports’ profit to top 1 billion pounds as trainers become ‘new normal’
By James Davey LONDON (Reuters) -JD Sports Fashion expects underlying profit to exceed 1 billion pounds ($1.3 billion) for the…
T.J. Maxx Parent Raises Annual Profit Forecast On Easing Costs, Steady Demand
(Reuters) – TJX Cos Inc raised its annual profit forecast on Wednesday, banking on lower costs and resilient demand from…
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN (Reuters) – Telecom Italia’s top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo…
Volkswagen aims for ‘margin parity’ on some EVs by 2025
By Victoria Waldersee and Joseph White MUNICH (Reuters) -Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material…
Mike Ashley’s Frasers raises stake in online retailer ASOS
(Reuters) – Britain’s Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the…
Deutsche Bank investors ask if profits sustainable, question strategy
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender’s growth plans and called…
First nuclear fusion plants to need $7 billion supply chain -survey
By Timothy Gardner WASHINGTON (Reuters) – Companies looking to harness the process that powers the sun and stars to generate…
France’s Sarkozy loses corruption appeal, to challenge at highest court
By Tassilo Hummel PARIS (Reuters) -Former president Nicolas Sarkozy lost his appeal against a 2021 conviction for corruption and influence…
Argentine shoemakers and tailors buckle under 109% inflation
By Horacio Soria BUENOS AIRES (Reuters) – In Juan Capano’s shoemakers’ workshop on the outskirts of Buenos Aires, 109% inflation…