By Vera Eckert FRANKFURT (Reuters) -Container shipping firm Hapag-Lloyd on Thursday reported a 3.1% decline in first-half net income and lowered the top end of its full-year earnings forecast, which has prompted it to focus on cost savings over the next 12-18 months. CEO Rolf Habben Jansen told analysts that start-up spending on its Gemini …
Hapag-Lloyd lowers 2025 earnings forecast, seeks savings Read More »
Düsseldorf (Reuters) – Beim Rüstungskonzern Rheinmetall gibt Vorständin und Arbeitsdirektorin Ursula Biernert-Kloß vorzeitig ihr Amt ab. Biernert-Kloẞ, seit Oktober 2024 Mitglied des Vorstands, habe sich mit dem Aufsichtsrat darauf verständigt, ihr Amt zum Monatsende niederzulegen, teilte Rheinmetall am Donnerstag mit. “Grund dafür sind unterschiedliche Vorstellungen hinsichtlich strategischer Fragestellungen”, erklärte der Konzern, ohne Details zu nennen. …
Rheinmetall-Vorständin geht – Differenzen über Strategie Read More »
By Cian Muenster and Linda Pasquini (Reuters) -German premium beauty retailer Douglas reported a smaller than expected drop in its quarterly core profit on Thursday, boosted by higher sales and tight cost management that helped offset effects of promotions meant to bring in cost-conscious customers. The consensus-beating results sent the company’s shares nearly 9% higher. …
Douglas tops market forecasts as cost cuts help balance discounts on beauty products Read More »
Jerusalem (Reuters) – Israels rechtsextremer Finanzminister Bezalel Smotrich hat Pläne für jüdische Siedlungen im Westjordanland genehmigt und damit den Konflikt mit Palästinensern angeheizt. Dadurch würde Ost-Jerusalem vom besetzten Westjordanland abgetrennt, geht aus einer Stellungnahme seines Büros am Donnerstag hervor. Ein Sprecher des Politikers erklärte, mit dem Schritt solle die Idee eines Palästinenserstaates begraben werden. Es …
Israels Finanzminister genehmigt Siedlungsbau zur Spaltung des Westjordanlands Read More »
NEW DELHI (Reuters) -The international Court of Arbitration lacks any legal authority to make pronouncements on the Indus Waters Treaty between India and Pakistan as New Delhi has never recognised the legitimacy of the court, India’s foreign ministry said on Thursday. A ruling from the Court of Arbitration last week backed Pakistan by saying that …
India says international court lacks authority to rule on Pakistan water treaty Read More »
By Jessie Pang, Joyce Zhou and Joe Cash HONG KONG/BEIJING (Reuters) -Tropical storm Podul dumped torrential rain on southern China on Thursday, and caused widespread disruption in Hong Kong after tearing through Taiwan and leaving 143 people injured. In Hong Kong, the hearing of media tycoon and pro-democracy advocate Jimmy Lai was cancelled after authorities …
Tropical storm Podul disrupts travel and schools in southern China Read More »
MOSCOW (Reuters) -Russian President Vladimir Putin said on Thursday that the U.S. administration was making “sincere efforts” to resolve the conflict in Ukraine and suggested Moscow and Washington could reach a deal on nuclear arms control. Speaking at a Kremlin meeting with Russia’s most senior military and civilian officials, Putin said that he was informing …
Putin suggests Russia and U.S. could make a deal on nuclear arms control Read More »
By Jakob Van Calster (Reuters) -Belgium’s blue-chip index, BEL 20, hit a record high of 4,785.27 points on Thursday, surpassing the previous peak set in May 2007, supported by a strong rally in European stocks this year and solid performances from financial institutions like lender KBC and insurer Ageas. The milestone marks a long-awaited recovery …
Belgium’s top index breaks 18-year-old record, capping slow recovery from 2008 crisis Read More »
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUSSELDORF (Reuters) -German conglomerate Thyssenkrupp cut its full-year sales and investment forecasts on Thursday, blaming weak demand for its products as U.S. President Donald Trump’s import tariffs disrupt global trade in autos, machines and building materials. Weakness among automotive clients, who account for around a third of Thyssenkrupp’s customer …
Hit by Trump tariffs, Thyssenkrupp cuts sales and investment forecasts Read More »
(Reuters) -VinFast’s founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company as it strives to break even by the end of 2026. The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out …
VinFast founder to inject another $1.5 billion in exchange for R&D assets Read More »
