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Branding signage for WPP, the largest global advertising and public relations agency at their offices in London, Britain, July 17, 2019.

Ad group WPP reports 1.6% drop in first-quarter organic growth

Reuters |Updated 1 minutes ago |1 min read

LONDON (Reuters) - British ad group WPP reported a 1.6% drop in organic growth in the first quarter, lagging its major rivals, after it was hit by loss of business from a healthcare client and reduced spending by technology companies. WPP, which ...

A model presents creations by designer Veronique Nichanian as part of her Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Hermes during Men's Fashion Week in Paris, France, June 24, 2023.

Hermes Q1 sales jump 17% on growth across regions

Reuters |Updated 3 minutes ago |1 min read

PARIS (Reuters) - Birkin bag maker Hermes reported a 17% surge in first quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter and underlining strong demand for high end luxury. Sales for the first three months ending ...

The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017.

Barclays Q1 profit falls 12%

Reuters |Updated 3 minutes ago |1 min read

LONDON (Reuters) - Barclays reported its first quarter profit fell 12% on Thursday, as it showed early signs of the difficulties it will face in delivering on its first strategic revamp in a decade. The British bank reported pretax profit for the ...

A view of the logo of French IT consulting firm Atos on a company's building in Nantes, France, April 22, 2024.

Atos says the group will need more cash than expected

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to an increased need for cash and potentially additional debt reduction, forcing it to update the parameters of its ...

A man is silhouetted as he walks behind the logo of BNP Paribas at the bank's building in Issy-les-Moulineaux, near Paris, France, February 3, 2022.

BNP Paribas profit tops estimates on lower costs and global banking

Mathieu Rosemain |Updated just now |2 min read

By Mathieu Rosemain PARIS (Reuters) - BNP Paribas reported a fall in first-quarter profit and revenue on Thursday but beat analyst forecasts, as lower expenses and a strong performance in its corporate banking business offset flat or falling ...

The logo of electronics and semiconductors manufacturer STMIcroelectronics is seen outside a company building in Montrouge, near Paris, France, July 12, 2022.

STMicro cuts FY revenue outlook as slowing car demand bites

Reuters |Updated just now |1 min read

(Reuters) - European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies.

The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023.

Canada's Teck Resources misses first-quarter profit estimates

Reuters |Updated just now |1 min read

(Reuters) - Canadian miner Teck Resources missed first-quarter profit estimates on Thursday, partly due to lower steelmaking coal sales volumes. The company reported an adjusted profit of C$0.75 per share, for the quarter ended March 31, ...

The logo of Deutsche Bank is seen on the roof of a building outside a Deutsche Bank branch office in Malaga, Spain, April 24, 2024.

Deutsche Bank posts better-than-expected 10% rise in Q1 net profit

Reuters |Updated 2 minutes ago |1 min read

FRANKFURT (Reuters) - Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at the investment bank. Net profit attributable to ...

Visitors take photographs in front of the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019.

Hyundai Motor's Q1 profit drops 2.4%, beats forecasts

Reuters |Updated just now |1 min read

By Heekyong Yang and Ju-min Park SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Thursday a drop of 2.4% in first-quarter profit, beating analysts forecasts, helped by solid sales of high-margin cars, while a cheaper domestic currency ...

Jars of Maggi bio vegetable stock, part of food giant Nestle's portfolio, are seen in the company's headquarters in Vevey, Switzerland, February 21, 2024.

Nestle misses quarterly sales estimates

Reuters |Updated 2 minutes ago |1 min read

LONDON (Reuters) - Nestle on Thursday missed first-quarter organic sales growth estimates as the world's biggest packaged food company hiked prices and sold fewer products. The maker of Maggi noodles and KitKat chocolate wafer bars confirmed its ...

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