/cloudfront-us-east-2.images.arcpublishing.com/reuters/PRP4P5UWIJMMXPYDZIYBH6TN4M.jpg "Eve agrees on potential sale of up to 150 flying cars")
SAO PAULO, June 20 (Reuters) – Electric aircraft maker Eve (EVEX.N), controlled by Brazil’s Embraer (EMBR3.SA), said on Tuesday it has signed letters of intent for potential sales of its “flying car” to Voar Aviation, Nordic Aviation and Wideroe Zero. The fresh deals, announced during the Paris Airshow, include the possible purchase of 70 electric … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/FB2U7LTY2JIDBB37TJMCTIVMC4.jpg "Danske Bank raises profit goal, puts Norway retail unit up for sale")
Bank aims for 13% ROE, cost-income ratio of 45% Exits Norwegian retail business Dividend payout to resume at H1 results 50 bln DKK dividend payout expected from 2023 to 2026 COPENHAGEN, June 7 (Reuters) – Danske Bank (DANSKE.CO) on Wednesday raised its long-term earnings target and said it plans to divest its Norwegian retail business … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/QUZ2QUC7CVL3XKGJVRDZM4TGSM.jpg "Zara-owner Inditex Q1 profit beats forecasts as sale boon continues")
MADRID/LONDON, June 7 (Reuters) – Zara-owner Inditex (ITX.MC) said on Wednesday sales of its spring-summer collection jumped by 16% over the past month, in a sign the fast fashion retailer can continue its strong run despite higher wage costs and the loss of its Russian business. The results came as the world’s biggest fast fashion … [Read more…]
STOCKHOLM, June 5 (Reuters) – Shares in Swedish real estate company SBB (SBBb.ST) soared as much as 26% on Monday after incoming CEO Leiv Synnes said there would not be a fire sale of the company’s assets. Hit by soaring interest rates that forced the company to cancel its dividend and scrap a share issue, … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/IYLYKD6XM5LWNFD5DPMYXWNDTQ.jpg "Walmart lifts annual sales, profit view on resilient consumer spending")
May 18 (Reuters) – Walmart Inc (WMT.N) raised its annual sales and profit targets on Thursday as shoppers snapped up its low-priced groceries and other essentials. Shares of the top U.S. retailer by sales rose 1% after it also reported better-than-expected results for the first quarter. Its stock has risen 5.5% in the year to … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RPBR5TFOXJOBFHVRIUIW6MAERA.jpg "Sweden’s Essity kicks off sale of majority stake in Hong Kong’s Vinda – sources")
HONG KONG, May 16 (Reuters) – Sweden’s Essity has kicked off the sale process for its 52% stake in Hong Kong-based Vinda International (3331.HK) – a maker of tissues and diapers, two sources with knowledge of the situation told Reuters. Bank of America, Essity’s adviser on the sale, has sent information to potential buyers including … [Read more…]
OSLO, May 12 (Reuters) – Troubled Swedish real estate group SBB (SBBb.ST) said late on Thursday it had sold most of its shares in construction company JM (JM.ST) for 2.8 billion Swedish crowns ($275.8 million). The transaction gives SBB a much-needed cash infusion after scrapping a share issue earlier this week when ratings agency S&P … [Read more…]