Parents can have peace of mind when it comes to their child's contacts.
Parents can have peace of mind when it comes to their child's contacts.
Shares in wind turbine maker Siemens Gamesa tumbled on Friday after it cut its financial outlook for the third time in nine months, dragging down the market value of its rivals as well as German parent Siemens Energy. Siemens Gamesa shares slumped as much as 16.2% to their lowest since July 2020, while Siemens Energy fell as much 17.4%, its biggest intraday loss ever, wiping out 4.6 billion euros ($5.2 billion) in market value between them. Profit margins at wind turbine makers have been squeezed by a surge in costs for vital materials such as steel, forcing companies such as Siemens Gamesa and Danish rival Vestas to increase their prices.
British retail sales suffered a record drop in December as consumers shunned the high street due to Omicron concerns, having snapped up Christmas purchases the previous month, data showed Friday.
The French energy giant's gas venture is one of the top sources of income for the junta and, along with other global companies, it has faced pressure from rights groups and a shadow civilian government to curb payments since the army seized power. In the transcript of the letter to Human Rights Watch dated Jan. 18, TotalEnergies Chief Executive Patrick Pouyanne said talks had taken place with French and U.S. authorities about targeted sanctions.
Czech businessman Karel Komarek's European lottery group Allwyn Entertainment will list on the New York Stock Exchange in combination with blank check acquisition company Cohn Robbins Holdings Corp, the companies said on Friday. The transaction will put the combined firm's enterprise value at approximately $9.3 billion, they said in a statement. Allwyn, known as Sazka Entertainment until last year, operates lotteries in the Czech Republic, Italy, Austria, Greece and Cyprus.
Tigo Business - Courtesy picture Tigo Business - Courtesy picture Tigo Business announces its Cloud Center of Excellence (CCoE) in collaboration with Microsoft to accelerate cloud adoption With a trained team of expert engineers with more than 1,200 Cloud and Cybersecurity certifications, the Cloud Center of Excellence will provide support and advice in the development of solutions based on the Microsoft Azure cloud and will guide Guatemalan companies towards a model digital acceleration. Luxemb
Influential British fund manager Terry Smith attacked Unilever's failed 50 billion pound ($68.2 billion) bid for GSK's Consumer Health assets as a "near death experience" and urged Unilever management to focus on strengthening performance. In a letter to investors of his Fundsmith vehicle, now the 13th biggest Unilever shareholder, Smith criticized Unilever for failing to openly communicate the benefits of the deal and its "penchant for corporate gobbledegook as substitute for effective action."
Customers who left Virgin Media broadband packages saved over £190 a year.
Peloton confirmed it was considering job cuts as its chief executive denied the company was halting production of its pricey bikes and treadmills.
Most will end up paying an extra £3.50 a month – or £42 annually – on average for phone and broadband bills.
Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said. In recent weeks, Secretary of State at the Department of Business, Energy and Industrial Strategy Kwasi Kwarteng has repeatedly highlighted the importance of the North Sea oil and gas industry despite climate activists pressing Britain to reduce its dependency on fossil fuels. The UK's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) in October rejected on environmental grounds the development plan for the Jackdaw field, which has reserves of between 120-250 million barrels of oil equivalent.
The long-term underpayment of thousands of state pensioners is a “shameful shambles”, according to the Public Accounts Committee
London’s top index ended the day 4.65 points, or 0.06%, lower at 7,585.01 points.
One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."
Privately owned Mercadona supermarket chain, Spain's largest retailer by revenue, will raise the wages of all employees by 6.5% to match the country's annual inflation rate last year, it said on Friday. Mercadona's move is in an effort to protect the purchasing power of its 93,000 employees, the company said in a news release. The lowest wage at the supermarket chain in 2022 will be 1,425 euros ($1,614.95) a month, 87 euros more than in 2021, the company said, and 440 euros more than the country's legal minimum wage.
This Fool turned positive on the BT share price in 2020. Since then, the stock has outperformed. Here's what he thinks about the business now. The post I was on the money about the BT share price. Here’s what I’d do now appeared first on The Motley Fool UK.
WASHINGTON (Reuters) -IMF Managing Director Kristalina Georgieva said on Friday it is not just central bankers who need to fight inflation, but other policymakers have a key role to play, including through boosting vaccinations to end the COVID-19 pandemic. Georgieva told a World Economic Forum virtual panel that the U.S. Federal Reserve, which has signaled that it plans to begin raising interest rates, "is acting responsibly because inflation in the United States is turning into an economic and social concern." Georgieva said it was important for central bankers to be data-driven in responding to inflation and communicate clearly any tightening of monetary policy, but it was also critical for other policymakers to respond, especially by increasing efforts to boost vaccination rates around the world.
BERLIN (Reuters) -The German government will cut its economic growth forecast for this year to 3.6% from its October estimate of 4.1%, according to a draft of the annual economic report seen by Reuters on Friday. The coalition government of Social Democrats, Greens and Liberals, in power since December, expects the pandemic to further strain businesses and supply bottlenecks for products such as semiconductors to persist, further limiting companies' growth, according to the draft. Most economists expect Europe's largest economy to shrink again in the first three months of 2022 after a fourth-quarter contraction, driving it into another technical recession, defined as two consecutive quarters of declining output.
In some cases, people could save more than £200 by ditching and switching, Which? research indicates.
Retailers have shown a ‘stubborn refusal’ to pass on wholesale cost savings, according to the motorists’ group.
Unruly, maskless passenger forces London-bound flight to return to Miami. About 500 miles into the journey, the flight had to turn back as the customer refused to comply with the federal mask mandate