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04 Feb

Lockmaker Assa Abloy profit rises more than expected

STOCKHOLM (Reuters) -Assa Abloy, the world's biggest lockmaker, reported a rise in quarterly profit on Friday that was higher than expected despite continued supply chain challenges as demand picked up.

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04 Feb

Carlsberg warns of 2022 growth dip

Danish brewer Carlsberg on Friday reported fourth-quarter sales above expectations and forecast organic operating profit growth this year at 0-7%, below last year's level.

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03 Feb

Tesla plans to build cathode building at Texas Gigafactory

Tesla Inc on Wednesday applied for a permit to extend its existing Austin-based car factory with a building to produce cathodes for battery manufacturing, according to city filings and a spokeswoman.

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04 Feb

Lockmaker Assa Abloy's Q4 profit beats expectations

Assa Abloy, the world's biggest lockmaker, reported fourth-quarter operating earnings slightly above market forecasts on Friday and proposed raising its annual dividend.

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03 Feb

Ford expects 2022 operating profit to rise as much as 25%

DETROIT (Reuters) -Ford Motor Co on Thursday forecast its 2022 operating profit would rise as much as 25%, driven by North American demand and a strong vehicle pricing environment.

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03 Feb

Ford shares skid despite a bullish 2022 outlook

DETROIT (Reuters) -Ford Motor Co ended 2021 with $36 billion in cash, a crop of hot-selling new electric vehicles and a bullish forecast for revenue and profit growth this year, but that was not enough for investors.

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03 Feb

Euro rises to three-week high vs dollar after ECB's Lagarde turns hawkish

NEW YORK (Reuters) -The euro surged to a three-week high against the U.S. dollar on Thursday after comments from European Central Bank President Christine Lagarde fuelled expectations of faster policy tightening, as she focused on the prospect of euro zone inflation overshooting.

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