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BYD appoints former Stellantis UK chief Davino to push European expansion

MILAN (Reuters) – BYD (SZ:002594) has appointed former Stellantis (NYSE:STLA) UK chief Maria Grazia Davino to lead its operations in a group…
Stock

Kraft Heinz trims annual forecasts as high prices hinder demand recovery

(Reuters) -Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for the…
Stock

European stocks retreat despite positive growth data;UK budget due

Investing.com – European stock markets retreated Wednesday despite a positive growth surprise, as investors digested more quarterly earnings results ahead of the…
Stock

Shares of GSK down as weak vaccine sales cast shadow on earnings beat

Investing.com — Shares of GSK fell over 3% following its third-quarter 2024 earnings, as investors reacted to underwhelming sales figures in key…
Stock

Crocs shares slide after shoe retailer tempers full-year sales outlook

Investing.com — Shares in Crocs (NASDAQ:CROX) sank in premarket US trading on Tuesday after the shoe seller tempered its full-year revenue guidance…
Stock

Serica Energy flags Triton FPSO compressor issue

LONDON – Serica Energy plc (AIM: SQZ) has reported an interruption in production at the Triton Floating Production Storage and Offloading (FPSO)…
Stock

BofA saw ‘big institutional client outflows’ last week

Investing.com — Bank of America analysts reported equity outflows last week, led by institutional clients. In a note, BofA highlighted that its…
Stock

YouGov shares gains on modest revenue growth

LONDON – YouGov plc, the international research and data analytics group, reported a revenue increase for the fiscal year ending July 31,…
Stock

JetBlue reports better-than-expected Q3 results, narrows 2024 forecast; stock down

Investing.com — JetBlue Airways (NASDAQ:JBLU) reported better-than-expected results for the third quarter, but its shares fell more than 4% in Tuesday’s premarket…
Stock

Esyasoft makes indicative proposal for Good Energy, shares surges

LONDON – Good Energy Group PLC, a UK-based renewable energy company, has received an unsolicited proposal from Esyasoft Holding Limited regarding a…
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