Corporate Dispatch
Electrolux expects further weak consumer sentiment in early 2024
By Marie Mannes STOCKHOLM, Feb 2 (Reuters) - Electrolux ST said on Friday it expected consumer sentiment to stay weak in early…
Tesla recalls nearly all its US vehicles in largest-ever such move
Feb 2 (Reuters) - Tesla is recalling 2.2 million vehicles, or nearly all of its electric vehicles in the United States, due…
Ryanair load factor dips to 89% after some travel agents halt sales
DUBLIN, Feb 2 (Reuters) - Ryanair flights were emptier in January than the same month a year ago after a number of…
Adidas CEO says Red Sea disruptions cause delays and higher costs
LONDON, Feb 1 (Reuters) - Shipping disruptions in the Red Sea are negative for gross margins, Adidas CEO Bjorn Gulden said on…
Hyundai Motor to supply Italy’s Iveco with new electric van for Europe
MILAN, Feb 1 (Reuters) - Iveco Group and Hyundai Motor have struck a deal for the South Korean group to supply a…
Samsung sees tech devices demand recovering in 2024 after record chip loss
By Joyce Lee and Heekyong Yang SEOUL, Jan 31 (Reuters) - Samsung Electronics 005930.KS flagged a continued recovery in memory chips and…
GSK sees strong growth as respiratory, cancer portfolio to pay off
Jan 31 (Reuters) - GSK beat market estimates for fourth-quarter results on Wednesday, and unveiled an upbeat forecast for 2024 and beyond,…
Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
HAMBURG, Jan 31 (Reuters) - Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon,…
Microsoft touts AI strength
By Stephen Nellis, Yuvraj Malik and Anna Tong Jan 30 (Reuters) - Microsoft MSFT.O beat market estimates for quarterly profit and revenue…
Microsoft set for AI-powered revenue surge as stock pulls ahead
By Yuvraj Malik Jan 29 (Reuters) - Microsoft expected to report a 15.8% jump in quarterly revenue, its best growth in nearly…
Ryanair trims annual profit forecast after travel agents halt sales
By Conor Humphries DUBLIN, Jan 29 (Reuters) - Ryanair on Monday trimmed its profit forecast for the year to the end of…
Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages
By Ludwig Burger and Patricia Weiss FRANKFURT, Jan 29 (Reuters) - Shares in Bayer dropped as much as 5.7% on Monday after…