News Blog

Consumer prices rose 0.2% in July, in line with expectations

The consumer price index was expected to show a 0.2% increase in July and a 3% gain over the past year, according to Dow Jones consensus estimates.

Carlsberg lifts 2024 growth outlook, Q2 sales lag forecasts

Danish brewer Carlsberg on Tuesday lifted its forecast for full-year operating profit growth despite posting weaker-than-expected sales for the second quarter hit by bad June weather.

Victoria’s Secret Gets a New CEO. The Stock Jumps.

Victoria’s Secret stock was climbing Wednesday after the lingerie maker announced the appointment of a new chief executive.

UBS posts $1.1 billion net profit in Q2, easily beating forecast

Swiss bank UBS on Wednesday posted a quarterly profit that was double the market forecast, buoyed by investment banking and larger-than-expected savings from the integration of its one-time rival Credit Suisse.

Flutter shares up on strong Q2 and upbeat outlook

 Shares of Flutter Plc jumped on Wednesday after the company reported a strong second-quarter performance, exceeding market expectations.

France Confirms July’s 2.3% Inflation Rate

French consumer prices rose 2.3 percent in July from a year earlier, a slight increase from June’s 2.2-percent rate, largely due to higher energy prices, state statistical institute Insee said Wednesday.

Inflation rate rises for first time this year to 2.2%

Overall prices rose by 2.2% in the year to July, slightly above the Bank of England’s target of 2% where the rate had been since May.

US Considers a Rare Antitrust Move: Breaking Up Google

A bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations

Mars strikes $36bn deal to buy Pringles maker Kellanova

US confectionery giant to pay $83.50 per share for snack rival

RWE’s First-Half Earnings Drop After Decline in Power Prices

Germany’s largest power producer RWE AG saw earnings fall by nearly a third in the first half after a decline in power prices weighed on results.

Υψηλές πτήσεις για την επιβατική κίνηση στα 14 περιφερειακά αεροδρόμια

Ενισχύθηκε το α΄ εξάμηνο κατά 116% σε σύγκριση με το αντίστοιχο διάστημα του 2019 – Αυξημένος κατά 5,1%, σε 201 εκατ. ευρώ, ο τζίρος της Fraport Greece

ΟΟΣΑ: Στην Ελλάδα η μεγαλύτερη πτώση στο διαθέσιμο εισόδημα

Το πραγματικό κατά κεφαλήν εισόδημα στον ΟΟΣΑ αυξήθηκε κατά 0,9% το α’ τρίμηνο ενώ στη χώρα μας υποχώρησε

Συγχώνευση Attica Bank – Παγκρήτια: Στη δημοσιότητα οι σχετικές εκθέσεις

Στη δημοσιότητα έδωσε η Attica Bank τις εκθέσεις που αφορούν στη διαδικασία συγχώνευσης με απορρόφηση της Παγκρήτιας Τράπεζας

Bloomberg: Στόχος της Metlen η εισαγωγή στο LSE το πρώτο τρίμηνο

Η εισηγμένη σχεδιάζει να υποβάλει αίτηση για εισαγωγή στο Λονδίνο μέχρι το τέλος του τρέχοντος έτους, σημειώνει πηγή.

IEA trims 2025 oil demand outlook as China offsets global gains

The International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact of a weakened Chinese economy on consumption.

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.

Tencent Music Entertainment shares slump on drop in karaoke platform users

Tencent Music Entertainment Group’s New York listed shares slumped in Tuesday’s pre-market session as the Chinese streaming giant said a sharp drop in the number of people using its karaoke platforms had driven a slump in its second quarter revenue.

Home Depot expects sales to weaken as consumers grow more cautious

Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand.

On Holding Stock Is Tumbling. Earnings Were a Mixed Bag.

Shares of On Holding were trading sharply lower after the Swiss sneaker company topped sales estimates but earnings were a bit light.

HelloFresh shares pop 10% as meal kit giant beats profit estimates

Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second quarter and said its ready-to-eat meals segment saw rapid growth.