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24 Feb

Recruiter Hays raises annual profit forecast on robust hiring demand

(Reuters) -British recruitment agency Hays Plc's raised its annual operating profit forecast on Thursday, after reporting a higher half-year profit buoyed by rising talent demand as companies rush to fill up vacancies.

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24 Feb

Electric and luxury models boost Mercedes-Benz earnings

BERLIN (Reuters) -Mercedes-Benz will prioritise sales of top-end and electric vehicles in 2022 and deepen its relationship with chip producers, the carmaker said on Thursday, seeking more control over its supply chain amid an ongoing semiconductor shortage.

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24 Feb

Electric and high-end cars lift Mercedes-Benz earnings

BERLIN (Reuters) -Mercedes-Benz reported on Thursday an annual adjusted return on sales of 12.7% for 2021, with revenue from top models up 30%, as the carmaker focused on high-end and electric vehicles amid supply chain difficulties.

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24 Feb

Explainer-Why Europe’s mobile telecom market is ripe for consolidation

Talk of consolidation among European mobile carriers has grown louder with several executives voicing support as cut-throat price wars drive up debt and limit funds for 5G network upgrades.

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24 Feb

CNH does not plan to reduce operations in Italy - paper

CNH Industrial does not plan to downsize operations in Italy, the head of the Italian-American vehicle maker was quoted as saying on Thursday.

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24 Feb

Vodafone under pressure to test Europe's appetite for telecom takeovers

Vodafone boss Nick Read believes competition regulators have eased their opposition to takeovers; all that remains is to test the theory by triggering a deal that could lead to a wave of European consolidation and appease long-suffering investors.

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24 Feb

Adecco sees solid growth in 2022 after 2% revenue rise in Q4 2021

Adecco expects "solid revenue growth" at the start of 2022, the temporary staffing and training company said on Thursday, after reporting a 2% increase in revenues during its fourth quarter.

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