FMS earnings call for the period ending September 30, 2021.
Rio Tinto has only bad options as it tries to salvage its $2.4 billion Serbian lithium project after the country's leaders bowed to environmentalists and cancelled it last week. The Anglo-Australian miner could sue the government, a step likely to fail and further antagonise Belgrade, or bet that pro-mining politicians emerge victorious in April parliamentary elections, a result that would embolden opponents. People inside Rio said that while they were aware of the political tensions around the project, the government's decision to pull the plug was a surprise that left the company scrambling for a strategy on how to proceed.
The ONS said interest payments on government debt trebled to a higher-than-expected £8.1bn last month.
ZURICH (Reuters) -Credit Suisse warned on Tuesday that it would post a fourth-quarter loss as the scandal-hit lender flagged fresh legal costs and said business in its trading and wealth management divisions had slowed. Switzerland's second-largest lender announced plans in November to rein in its investment bankers and plough money into looking after the fortunes of the world's rich as it tries to curb a freewheeling culture that has cost it billions. It said the investment bank would make a loss in the final quarter of the year, while the wealth management business had seen an overall drop in assets.
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The cash will be matched by industry, delivering a £60m boost to the developing renewable technology.
The dollar rose to a two-week high on Monday against a basket of currencies, lifted by rising geopolitical risk over Ukraine and a likely hawkish stance from the Federal Reserve at its policy meeting this week. Markets until recently had mostly shrugged off the massing of Russian troops on Ukraine's borders, but tensions have ratcheted up lately. NATO said it was putting forces on standby and reinforcing eastern Europe with more ships and fighter jets, in what Russia denounced as an escalation of tensions.
Company boss Stephen Fitzpatrick said the brand licencing agreement is a ‘common commercial agreement’.
Italian supercar brand Lamborghini plans to roll out its first fully electric model at the end of this decade, its Chief Executive Stephan Winkelmann said in remarks confirmed on Tuesday by a company spokesperson. The plan underscores an even more cautious approach by Lamborghini - part of the Volkswagen Group - to electrification, after Winkelmann last year said the brand's first fully electric car model would appear in the second half of the decade. Lamborghini and other players in the high-performance sports car market, which include Ferrari, Aston Martin Lagonda and McLaren, are wrestling with how to shift their ranges to battery power without losing the high performance that supports their premium pricing.
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The company said supply chain costs, delays and staff absences all mean profits will be below expectations
Strong factory output growth helped by easing supply bottlenecks pushed activity in Germany's manufacturing sector to a five-month high in January, a survey showed on Monday. IHS Markit's flash Purchasing Managers' Index (PMI) showed that activity in the manufacturing sector rose to 60.5 from 57.4 in December. Activity in the services sector rose to a two-month high of 52.2 after shrinking in December, confounding a forecast that had pointed to a decline and pointing to a positive mood among consumers and business despite the impact of the Omicron coronavirus variant.
Whilst the pastel aesthetic is nothing new – sugary hues were popular as far back as the 18th century, used with abundance in decorative Rococo interiors – there is something of a contemporary resurgence, evidenced by the 22 million #pastel posts on Instagram, and the 3.8 billion views of #pastel content on TikTok. Pastel colours are the ultimate in ready-made colour combinations, all sharing pale or white undertones that make them perfectly compatible with one another, so you can pile pastel pinks, blues, yellows, greens or purples together with abandon. Read on for 21 pastel room ideas that run the gamut from sophisticated and traditional, to playful and modern...
Shares in European markets dropped, with Moscow’s stock index falling more than eight percent.
Wall Street and FTSE tanks as tensions between the West and Russia over the military buildup on the border with Ukraine dented sentiment and investors brace for the Fed's meeting this week.
A record 34% of people would be willing to pay more for better service, according to the UK Customer Satisfaction Index.
The Government is amending existing regulations ‘to streamline the process and provide certainty to those approaching the end of their lives’.
German car giant Volkswagen said Monday it beat the European Union's target for cutting carbon emissions on its new vehicles in 2021, having missed the mark last year.
The declines in European markets on Monday came due to events on the Russia-Ukraine border rather than any other factors that have dominated sentiment over the past two weeks.
MILAN (Reuters) -UniCredit is unlikely to pursue a deal for Moscow-based lender Otkritie Bank, a source familiar with the situation said on Monday after Russian daily Kommersant reported that Italy's second-biggest bank had lost interest. UniCredit, which has been operating in Russia since 1989, accessed Otkritie's books earlier this month with a view to possibly taking on parts of its business, sources had said. A three-week analysis of Otkritie's financial data is due to conclude at the end of January.
(Reuters) -London's FTSE 100 rebounded on Tuesday from a one-month low hit a day earlier, with commodity-linked energy and mining stocks leading the gains, while Unilever slipped on plans to slash about 1,500 management positions. The blue-chip FTSE 100 index gained 0.4%, with oil stocks BP and Royal Dutch Shell and miners Anglo American and BHP Group providing the biggest boost. "The UK equities, though have taken cues from the strong rebound in the U.S. markets that after, falling in a similar quantum, bounced back after NATO reportedly put forces on standby," said Kunal Sawhney, chief executive of research firm Kalkine.
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