Airbus loses bid to use French blocking law in Qatar row
By Tim Hepher LONDON (Reuters) -A UK judge on Friday rejected an attempt by Airbus to invoke a De Gaulle-era law restricting the way it responds to foreign courts, as.
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- July 17, 2022
- by admi
- 1 minute read
SAS and striking pilots closer to deal but issues remain, mediator tells E24
STOCKHOLM (Reuters) – Crisis-hit airline SAS and unions have made progress on a new savings deal to end a 13-day pilots’ strike, but significant issues have yet to be resolved,.
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- July 16, 2022
- by admi
- 1 minute read
Uniqlo owner posts record quarterly profit, lifts annual forecast
TOKYO (Reuters) – Japan’s Fast Retailing, the owner of clothing brand Uniqlo, posted record quarterly profit on Thursday, as the weaker yen and strong sales in the United States made.
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- July 16, 2022
- by admi
- 2 minutes read
SAS says pilots strike a risk to its survival as talks resume
By Johan Ahlander and Stine Jacobsen STOCKHOLM (Reuters) -SAS said on Thursday a pilot strike now in its 11th day threatened the airline’s ability to access bridge financing without which.
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- July 16, 2022
- by admi
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CICC appoints new investment banking head – sources
HONG KONG (Reuters) – China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment banking business, said two people with knowledge of the matter..
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- July 16, 2022
- by admi
- 1 minute read
Swatch Group upbeat as China comes out of lockdown
By Silke Koltrowitz ZURICH (Reuters) -Swatch Group stuck to its forecast for double-digit sales growth this year after pandemic lockdowns in China had less impact than feared on the world’s.
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- July 16, 2022
- by admi
- 1 minute read
Ericsson’s core profit misses as rising costs hit margins
By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson, the Swedish telecoms equipment firm facing bribery investigations, reported a rise in second-quarter core earnings on Thursday that missed expectations as margins were hit.
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- July 16, 2022
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Credit Suisse seeks to remain independent, chairman says – FT
ZURICH (Reuters) – Swiss bank Credit Suisse sees its future as an independent entity, Chairman Axel Lehmann told the Financial Times, amid speculation that the beleaguered group could be acquired.
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- July 15, 2022
- by admi
- 1 minute read
Ericsson’s quarterly core profit misses estimates on rising costs
STOCKHOLM (Reuters) -Sweden’s Ericsson (BS:ERICAs), under the shadow of bribery investigations, on Thursday reported a rise in second-quarter core earnings but missed expectations as increased component and logistics costs hit.
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- July 15, 2022
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Pepco revenue rises as inflation-hit shoppers lean on discount stores
BENGALURU (Reuters) -Poundland and Dealz owner Pepco Group on Thursday posted a 17.1% rise in third-quarter revenue as cash-strapped shoppers fuelled demand at its discount stores. Revenue rose to 1.21.