GSK tops forecasts as consumer health spin-off nears

GSK beat first-quarter sales and earnings forecasts on Wednesday, helped by demand for its COVID-19 therapy and shingles vaccine, as the drugmaker moves towards the July separation of its consumer health business.

newspaper

27-04-2022

EU court rejects Airbnb plea on Belgian information for tax authorities

Europe's top court on Wednesday rejected a case brought by accommodation services company Airbnb Ireland against Belgian regional legislation requiring it to provide information to tax authorities on tourist transactions.

newspaper

27-04-2022

Retailer WH Smith may raise prices to meet higher shipping costs

(Reuters) -WH Smith may have to raise the prices of certain products this year after the British retailer flagged higher shipping costs from the Far East, inflationary pressures and potential impact from the Ukraine conflict.

newspaper

27-04-2022

T-Mobile adds higher-than-expected subscribers on 5G demand

T-Mobile US Inc on Wednesday beat estimates for subscriber additions in the first quarter, as it benefited from the rollout of new 5G cellular networks.

newspaper

27-04-2022

Exchange operator CME quarterly profit jumps 24% on market volatility

(Reuters) -Futures exchange operator CME Group Inc reported a near 24% rise in quarterly profit on Wednesday, helped by market volatility spurred by the Russia-Ukraine war and as investors hedged against rising interest rates.

newspaper

27-04-2022

Harley posts lower profit on supply chaos, rising costs

Harley-Davidson Inc posted a drop in first-quarter profit on Wednesday, as demand for its motorcycles failed to gain momentum due to global supply-chain hurdles and surging inflation.

newspaper

27-04-2022

Exchange operator CME posts 24% jump in quarterly profit

Futures exchange operator CME Group Inc reported a near 24% rise in first-quarter profit on Wednesday, helped by market volatility spurred by the Russia-Ukraine war and as investors hedged against rising interest rates.

newspaper

27-04-2022

Russia stops gas to Poland and Bulgaria, opens new front in economic war

SOFIA/WARSAW (Reuters) -Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in roubles, cranking up an economic war with Europe in response to Western sanctions imposed for Moscow's invasion of Ukraine.

newspaper

27-04-2022

Oil prices steady on Russian supply fears and Asian demand concerns

Oil was broadly steady on Wednesday after Russia cut gas supplies to Bulgaria and Poland, while lingering concerns about Asian coronavirus lockdowns weighing on economic growth and oil demand kept a lid on prices.

newspaper

27-04-2022