By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Stellantis said on Wednesday improvements in chip supply and price rises boosted its revenues in the first quarter, but was cautious on the o[...]
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May 3, 2023
Porsche to raise prices further as profits jump
BERLIN (Reuters) -Luxury carmaker Porsche will raise prices by 4-8% in Europe and the U.S. in the second half to combat higher costs that weighed on returns in the first quarter, even as profits and r[...]
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Volvo Cars’ sales grow 10% in April on demand jump in China
STOCKHOLM (Reuters) – Sweden-based Volvo Cars said on Wednesday that sales increased by 10% year-on-year in April to 51,976 cars, boosted by strong gains in China. Volvo Cars, which is majority-[...]
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Ryanair traffic jumps 13% in April to record third busiest month ever
DUBLIN (Reuters) – Ryanair flew 16 million passengers in April, up 13% year-on-year to record its third busiest month for traffic ever, Europe’s largest airline by passenger numbers said o[...]
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DeSantis signs sweeping anti-ESG legislation in Florida
By Isla Binnie and Ross Kerber (Reuters) – Florida governor Ron DeSantis signed into law on Tuesday a bill barring state officials from investing public money to promote environmental, social an[...]
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Aston Martin sticks to 2023 outlook after smaller Q1 pretax loss
(Reuters) -British luxury carmaker Aston Martin Lagonda on Wednesday reported a narrower quarterly pretax loss and maintained its 2023 outlook, benefiting from the strong sales of its sport utility ve[...]
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Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a revival in demand for mortgage lo[...]
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UniCredit raises 2023 goals after stronger than expected quarter
MILAN (Reuters) – UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected first quarter earnings. Solid results by Italy’s only bank tha[...]
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Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to a trickle in April thanks to a combination of easing inflation and s[...]
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