Deutsche Telekom reported quarterly core profit and revenue above market estimates on Thursday, boosted by its U.S. unit, T-Mobile along with growth in European business.

BEIJING (Reuters) -China's housing minister pledged on Thursday to keep the real estate market stable this year and ensure genuine demand for homes is met, after a series of regulations aimed at reining in debt in the sector unsettled buyers and prompted a marked slowdown in the key property sector.

HeidelbergCement HEIG.DE, the world's second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and continuing demand for new homes.

IKEA said on Thursday it would invest £1 billion ($1.4 bln) in London over three years, as it opened the doors to its first high street IKEA store in Britain, anchoring its first-ever inner-city mall, in the capital's Hammersmith district.

The European Central Bank should continue its bond-buying stimulus programme at least until the end of the year and keep it open-ended to cushion the fallout from any conflict in Ukraine, ECB policymaker Yannis Stournaras told Reuters.

Ford Motor Co has no plans to spin off its electric vehicle or gasoline-powered vehicle businesses, Chief Executive Jim Farley said on Wednesday.