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Deutsche Telekom results beat estimates on subscriber gains, lifts outlook

(Reuters) – Deutsche Telekom (OTC:DTEGY) reported quarterly core profit and revenue above market estimates on Friday, boosted by its U.S. unit, T-Mobile, along with growth in its European business, and.

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Gazprom cuts nominations for gas transit via Ukraine on May 13

KYIV (Reuters) – Russia’s Gazprom (MCX:GAZP) has reduced the booked capacity for gas transit through Ukraine via the Sudzha entry point on May 13 to 60.8 million cubic metres (mcm).

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Bottler Coca-Cola HBC mulls other options for Russian business

(Reuters) – Soft drinks bottler Coca-Cola (NYSE:KO) HBC AG said on Thursday it will evaluate all options for its Russian operations and have a smaller presence in the country, focussing.

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Shares tumble as stubborn U.S. inflation stokes worries on rates, economy

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks fell to an almost two-year low and the dollar rose to multi-year highs on Thursday as data showed U.S. inflation persistently hot,.

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Beyond cigarettes: Philip Morris lights up race with Swedish Match bid

By Richa Naidu LONDON (Reuters) -Philip Morris International’s $16 billion bid for smaller rival Swedish Match highlights the urgency among cigarette makers to tap new and potentially less harmful alternatives.

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Merck KGaA sees FY adjusted profit gains of up to 9% on lab demand

By Ludwig Burger (Reuters) – Germany’s Merck KGaA said it expects earnings growth of up to 9% this year, mainly driven by drugmakers’ demand for its laboratory gear business, but.

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Toyota rolls out first battery electric car in cautious debut as rivals go full-throttle

By Satoshi Sugiyama and Maki Shiraki TOKYO (Reuters) – Toyota Motor (NYSE:TM) Corp rolls out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy the automaker.

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Apple supplier Foxconn’s Q1 profit up 5%, in line with market view

TAIPEI (Reuters) – Apple Inc (NASDAQ:AAPL) supplier Foxconn reported a 5% rise in first-quarter net profit, largely in line with estimates, as chip shortages, supply chain issues and slow spending.

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Thyssenkrupp raises sales forecast, cuts free cash flow outlook

FRANKFURT (Reuters) – German conglomerate Thyssenkrupp (ETR:TKAG) on Wednesday raised its outlook for sales and operating profit for 2022 but cut its free cash flow forecast, reflecting a rise in.

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TUI expects to become profitable in 2022 as travel demand booms

FRANKFURT (Reuters) – Holiday group TUI said on Wednesday it expects to become profitable again in 2022 with significantly positive underlying core earnings thanks to strong bookings as countries lift.

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