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03 Feb

Builder Skanska's profit beats forecasts

Sweden's Skanska reported on Thursday a quarterly profit above market expectations, and said market activity in construction had picked up gradually during the year.

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03 Feb

Valneva targets 2022 revenue boost of up to 70% on COVID-19 vaccine

French vaccine developer Valneva targets increasing its revenues year-on-year by up to 70% thanks to a boost from its COVID-19 vaccine candidate, it said on Thursday.

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03 Feb

Opel to hire temporary workers at German plant amid Omicron absences - Wirtschaftswoche

Opel plans on hiring several hundred temporary workers to help deliver its new Astra model, a spokesperson told German paper Wirtschaftswoche on Thursday, in part to compensate for workers off sick with COVID-19 amid the spread of the Omicron variant.

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03 Feb

Publicis bets on further growth in 2022 after digital ad boost

Publicis Groupe, the world's third-biggest advertising agency, on Thursday forecast organic sales growth of 4% to 5% this year, after its 2021 earnings exceeded their pre-pandemic levels to reach new records.

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03 Feb

Dollar takes a break from this week's slide ahead of BoE, ECB meetings

The dollar found a footing in Asia on Thursday, pausing the week's slide as a slump in tech and social media stocks soured appetite for riskier currencies, and as traders awaited central bank meetings in Britain and Europe.

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03 Feb

Nokia says revenue and margins to rise as turnaround gathers pace

HELSINKI (Reuters) -Finnish telecoms equipment maker Nokia said on Thursday it expects its revenue to grow this year and set a higher target for long-term earnings margins as the company's recovery gathers pace after years of restructuring.

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03 Feb

Japan's service sector shrinks at fastest pace in 5 months - PMI

Japan's services sector activity contracted at the fastest pace in five months in January in a sign businesses faced pressure from a record surge in new coronavirus infections due to the Omicron variant.

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Latest Articles

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  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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