By Linda Pasquini and Elizaveta Gladun (Reuters) -German fashion house Hugo Boss raised its 2023 profit outlook on Thursday, forecasting stable gross margins and more efficiency gains from its global store network this year. The company expects its operating profit (EBIT) to rise between 10% and 20% to 370-400 million euros ($410-$443 million) in 2023, …
Hugo Boss lifts profit outlook after Q1 sales jump Read More »
München (Reuters) – Der Chipkonzern Infineon schraubt seine Umsatz- und Gewinnprognose für das laufende Geschäftsjahr angesichts einer steigenden Nachfrage aus der Autoindustrie wie angekündigt nach oben. Der Umsatz werde 2022/23 (per Ende September) um etwa 14 Prozent auf 16,2 Milliarden Euro zulegen, teilte Infineon am Donnerstag in Neubiberg bei München mit. Das wären rund 700 …
Nachfrage aus Autoindustrie gibt Infineon Zuversicht Read More »
By Manoj Kumar NEW DELHI (Reuters) – India’s exports of goods and services could touch $900 billion in the current financial year, up from $770 billion in the previous year, keeping resilient despite global headwinds, a top official of a grouping of exporters said. Merchandise exports could expand to between $495 billion and $500 billion, …
India’s exports likely to touch $900 billion in 2023/24 -exporters Read More »
By Hyunsu Yim SEOUL (Reuters) – Seoul’s city government has effectively blocked South Korea’s largest annual LGBT festival from taking place outside city hall this year after granting a permit for a Christian youth concert instead, the LGBT event’s organisers said this week. Clashes over the Seoul Queer Culture Festival have become a yearly symbol …
Seoul’s LGBT festival blocked by Christian concert outside city hall, organisers say Read More »
FRANKFURT (Reuters) – German utility Uniper has sold sizeable quantities of its future hydropower output as part of its hedging strategy, the company said in a presentation for a call with analysts on Thursday. Uniper has sold 85% of its German hydropower output for 2024 at an average price of 28 euros ($31.02) per megawatt …
Uniper details 2024, 2025 German and Nordic power hedging Read More »
BERLIN (Reuters) -German chipmaker Infineon raised its full-year guidance on Thursday, citing strong demand from the electromobility, renewable energy generation and energy infrastructure sectors. “Although an improvement in consumer goods markets such as smartphones, PCs and home appliances is not yet visible, we are nevertheless very confident overall about Infineon’s future business performance,” Chief Executive …
By Lisa Richwine and Rollo Ross LOS ANGELES (Reuters) -Striking film and television writers met with union leadership on Wednesday, the second day of a work stoppage that has thrown Hollywood into disarray as the industry deals with changes brought on by the streaming TV boom. Members of the Writers Guild of America (WGA) turned …
Hollywood unions back striking writers as TV production slows Read More »
(Reuters) – Growth in domestic client demand spurred increased activity in Russia’s services sector in April as new export business contracted, a business survey showed on Thursday, with firms’ confidence level rising to its highest since July. The S&P Global Purchasing Managers’ Index (PMI) for Russian services dropped to 55.9 from a 2-1/2-year high of …
Russian services activity grows for third month running in April Read More »
Por Fernando Kallas MADRID (Reuters) – El Atlético de Madrid marcó cinco goles por segundo partido consecutivo al golear al modesto Cádiz por 5-1 en LaLiga el miércoles para superar a su rival de la ciudad, el Real Madrid, y colocarse segundo en la clasificación. Con solo cinco partidos por disputar, el Atlético alcanza los …
El Atlético golea 5-1 al Cádiz y salta al segundo puesto por delante del Real Madrid Read More »
NEW DELHI (Reuters) – The Indian government expects the cost of borrowing via treasury bills to fall going forward, a senior government source said on Thursday, after the 10-year benchmark bond yield dipped below 7% for the first time in over a year. Earlier in the day, the 10-year benchmark bond yield dipped to 6.9786%, …
India govt expects T-bill yields to ease after 10-year falls below 7% – source Read More »
