ZURICH (Reuters) -Food group Nestle intends to defend its margin against cost pressures this year, it said on Thursday, as it sticks with price increases that helped it beat sales growth and profit expectations last year.

FRANKFURT (Reuters) -Commerzbank swung to a better-than-expected fourth-quarter and annual net profit despite undergoing a major overhaul, the German lender said on Thursday, and also painted a rosy outlook for 2022.

PARIS (Reuters) -Kering on Thursday reported fourth-quarter revenue jumped nearly a third, beating expectations over the holiday period as marketing investments and 100th anniversary promotion events helped boost the popularity of its top brand Gucci.

New car registrations in the European Union reached a historic low of 682,596 units in January as semiconductor shortages continued to hurt car sales across the region, data from the region's carmaker association (ACEA) showed on Thursday.

Air France-KLM beat analysts expectations on Thursday as it posted a second consecutive quarterly core profit since the pandemic started, helped by long-haul routes and the reopening of the transatlantic travel last November.

Enterprising Chinese college graduates will be able to borrow up to half a million yuan ($78,900) in the wealthy province of Zhejiang to start a business, and if it goes belly-up, the government will help pay at least 80% of the loan.