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Roche profit beats forecast on strong sales of cancer, allergy drugs
Phesgo, Xolair beat sales forecastsCEO confident in business momentumRoche discusses direct-to-consumer model with USBy Miranda Murray and Bhanvi SatijaBERLIN, July 24 (Reuters) - Swiss drugmaker Roche ROG.S reported better than expected first-half operating profit on Thursday, driven by strong sale...Reuters
Thu, Jul 24
Wizz Air Q1 EBIT EUR 27.5 Mln, Says Grounded Fleet To Return To Air In Fiscal 2027
July 24 (Reuters) - Wizz Air Holdings PLC WIZZ.L:Q1 F26 RESULTSQ1 REVENUE EUR 1,428.2 MILLIONQ1 EBIT EUR 27.5 MILLIONOUTLOOK CAPACITY: Q2 ASKS HIGH SINGLE DIGITS YOYOUTLOOK Q2 RASK: FLAT YOYOUTLOOK Q2 CASK: FUEL CASK: DOWN HIGH-SINGLE DIGITS. EX-FUEL UNIT TRENDS EXPECTED TO IMPROVE VERSUS Q1OUTLOOK ...Reuters
Thu, Jul 24
BT names industry veteran Patricia Cobian as first female CFO
July 24 (Reuters) - BT Group BT.L, Britain's largest broadband and mobile provider, named Patricia Cobian, currently with rival Virgin Media O2, as its first female chief financial officer on Thursday, succeeding long-time finance chief Simon Lowth.The change comes more than a year after CEO All...Reuters
Thu, Jul 24
Centrica Says FY Outlook Unchanged From Trading Statement In May
July 24 (Reuters) - Centrica PLC CNA.L:CENTRICA PLC - HALF-YEAR REPORTCENTRICA: £2.5BN OF INVESTMENT PROGRAMME TO 2028 NOW COMMITTED, INCLUDING SIZEWELL C ANNOUNCEMENTCENTRICA: INTERIM DIVIDEND INCREASED BY 22% TO 1.83PCENTRICA: OUTLOOK UNCHANGED FROM OUR TRADING STATEMENT IN MAYCENTRICA: ROUGH WI...Reuters
Thu, Jul 24
BT Group PLC says On Track To Achieve Full Year Guidance
July 24 (Reuters) - BT Group PLC BT.L:BT GROUP PLC - TRADING STATEMENTBT: ON TRACK TO ACHIEVE FULL YEAR GUIDANCEBT: FULL FIBRE BROADBAND NOW REACHING MORE THAN 19 MILLION HOMES AND BUSINESSESBT: SEEING STRONG CUSTOMER DEMAND FOR OUR NEXT-GENERATION BROADBAND AND MOBILE CONNECTIVITY ACROSS ALL OUR B...Reuters
Thu, Jul 24
Besi sees higher Q3 orders as chipmakers adopt hybrid bonding, after Q2 dip
By Leo Marchandon July 24 (Reuters) - BE Semiconductor Industries (Besi) BESI.AS projected a significant uptick in third-quarter orders on Thursday, driven by rising demand for hybrid bonding systems for AI-related data centre applications, after bookings fell in the second quarter.The Dutch chip...Reuters
Thu, Jul 24
MTU Aero Engines operating profit up 40% in second quarter, beating expectations
July 24 (Reuters) - German engine manufacturer MTU Aero Engines MTXGn.DE reported a 41% rise in second quarter operating profit on Thursday, beating market estimates, driven by strong sales in its spare parts and lease engines business.The Airbus AIR.PA and Boeing BA.N supplier said its adjusted ear...Reuters
Thu, Jul 24
Tennis-Tsitsipas splits with coach Ivanisevic after less than two months
July 24 (Reuters) - Stefanos Tsitsipas has ended his collaboration with coach Goran Ivanisevic after less than two months, the former world number three said."Working with Goran Ivanisevic was brief but an intense experience and a truly valuable chapter in my journey," Tsitsipas posted on hi...Reuters
Thu, Jul 24
Reckitt's quarterly sales beat expectations
July 24 (Reuters) - Consumer goods company Reckitt RKT.L topped second-quarter like-for-like net sales growth expectations on Thursday, helped by strength in emerging markets.The maker of Durex condoms and Lysol cleaning products reported the total group's like-for-like net revenue growth of 1.9...Reuters
Thu, Jul 24
China plans network to sell surplus computing power in crackdown on data centre glut
China reviewing data centre sector after building boomNational cloud service aims to harness surplus computing powerChallenges include real-time power transfer and chip integrationJuly 24 (Reuters) - China is taking steps to build a network to sell computing power and curb the unwieldy growth of dat...Reuters
Thu, Jul 24
FOCUS-Toy makers nix batteries, other materials to save costs during tariff war
Toy makers are changing product designs to cut costs as tariffs impact bottom lines Hasbro has 'retooled and reimagined' its Candy Land and Operation board games to help with cost reductions, the company said Wednesday Changing a toy design can take a year to implement with manufacturers, so...Reuters
Thu, Jul 24
AI-powered ads to drive growth for global entertainment and media industry, PwC says
By Harshita Mary VargheseJuly 24 - Growing use of artificial intelligence in advertising is expected to boost the global entertainment and media industry's revenue to $3.5 trillion by 2029, according to PwC.The industry is projected to record a compound annual growth rate of 3.7% until 2029, the...Reuters
Thu, Jul 24
PRESS DIGEST -Wall Street Journal - July 24
July 24 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. lawmakers are demanding JPMorgan Chase JPM.N and Bank of America produce documents related to their roles in a Chinese battery giant&#...Reuters
Thu, Jul 24
China's Xi says challenges facing EU do not come from China, Xinhua reports
BEIJING, July 24 (Reuters) - China and the European Union have no fundamental conflicts of interests and the current challenges facing the EU do not come from China, President Xi Jinping said in a meeting with EU's Ursula von der Leyen and Antonio Costa on Thursday.Xi called on the EU to keep it...Reuters
Thu, Jul 24
Roche in close contact with US on tariffs, says CEO
BERLIN, July 24 (Reuters) - Roche ROG.S is in close contact with the U.S. government on tariffs and has ramped up inventories there in case they do come into effect to avoid any initial impacts, the Swiss drugmaker's CEO said on Thursday. "We hope that the U.S. government then also sees wit...Reuters
Thu, Jul 24
RPT-Vietnam to buy two Lockheed Martin helicopters, sources say, as US trade talks carry on
Vietnam pilots already training on new helicopters, source saysAgreement may include more choppers later, source saysIt would be rare security deal; US arms embargo lifted in 2016US, Vietnam finalising trade pact after Trump announced dealBy Phuong Nguyen and Francesco Guarascio HANOI, July 24 (R...Reuters
Thu, Jul 24
Abivax Temporary Trading Halt Of Its Ordinary Shares On Euronext Paris
July 24 (Reuters) - Abivax SA ABVX.PA:ANNOUNCES TEMPORARY TRADING HALT OF ITS ORDINARY SHARES ON EURONEXT PARISTO BE TEMPORARILY HALTED, AT COMPANY'S REQUEST, FROM OPENING OF MARKET AT 9:00 A.M. CESTTRADING HALT TAKES PLACE IN CONTEXT OF PREVIOUSLY ANNOUNCED PUBLIC OFFERING BY COMPANY OF ITS AME...Reuters
Thu, Jul 24
Nokia Q2 EBIT Down At EUR 81 Million
July 24 (Reuters) - Nokia Oyj NOKIA.HE:Q2 GROSS MARGIN 43.4%Q2 EBIT EUR 81 MILLIONQ2 EBIT MARGIN 1.8%Q2 EPS EUR 0.02Q2 ADJUSTED EPS EUR 0.04Q2 ADJUSTED EBIT MARGIN 6.6%LOOKING AHEAD WE EXPECT A STRONGER SECOND HALF PERFORMANCE, PARTICULARLY IN Q4 CONSISTENT WITH NORMAL SEASONALITY.WE CONTINUE TO EXP...Reuters
Thu, Jul 24
