French food group Danone reassures investors with strong start to 2022

PARIS (Reuters) -French food group Danone delivered a stronger-than-expected 7.1% sales growth in the first quarter, reassuring investors its revival plan was on track and lifting its shares 4.7%.

newspaper

20-04-2022

Takeaway in talks with potential buyers for Grubhub, says CEO Groen

Food delivery company Just Eat Takeaway.com is in talks with potential buyers over a possible sale of its U.S. arm Grubhub, Chief Executive Jitse Groen said on Wednesday.

newspaper

20-04-2022

Marketmind: More of the same

Many recent trends seem to be accelerating across financial markets this morning with notably the dollar climbing to a fresh two-decade peak against the yen while benchmark 10-year Treasury yields are now a whisker from 3%.

newspaper

20-04-2022

European car sales dip for ninth consecutive month in March -ACEA

New car registrations in Europe dropped for the ninth month in a row in March as supply chain problems hampered even further by the war in Ukraine continued to hit the region's automotive sector, industry data showed on Wednesday.

newspaper

20-04-2022

Just Eat Takeaway weighs GrubHub sale, scales back 2022 growth view

AMSTERDAM (Reuters) -Europe's largest meal delivery company, Just Eat Takeaway.com, scaled back expectations for growth in 2022, as it reported on Wednesday a decline of 1% in first-quarter orders, and said it was exploring a possible sale of GrubHub.

newspaper

20-04-2022

ASML Q1 earnings beat forecasts slightly, bookings seen strong

AMSTERDAM (Reuters) -ASML Holding NV, a key supplier to computer chip makers, reported on Wednesday first-quarter sales of 3.5 billion euros ($3.8 billion) and net income of 695 million euros, slightly ahead of expectations.

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20-04-2022

Taiwan firms in China hub make uneven restart from COVID curbs

TAIPEI (Reuters) -Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning deliveries would be postponed until next month.

newspaper

20-04-2022

French food group Danone keeps goals after strong start to 2022

French food group Danone kept its financial goals for the 2022 full year after it delivered stronger-than-expected 7.1% sales growth in the first quarter amid a challenging environment marked by inflation, higher input costs and uncertainties linked to the war in Ukraine.

newspaper

20-04-2022

Credit Suisse expects Q1 loss as legal costs mount

ZURICH (Reuters) -Credit Suisse Group expects to report a first-quarter loss after increasing legal provisions, seeing business activity slow and taking a hit from the fallout of Russia's invasion of Ukraine, the Swiss bank said on Wednesday.

newspaper

20-04-2022