February 17, 2015 1:05 pm
Orange SA projected on Tuesday lower earnings in the year ahead as the telecoms operator faces severe competition at home, but promised to keep its dividend stable via cost reductions. Europes largest mobile operator estimated it would deliver between €11.9 billion and €12.1 billion in earnings before interest, taxes, depreciation and amortization during 2015. However, […]
Read moreFebruary 17, 2015 10:58 am
Kering SA reported annual results in line with expectations as robust performance from the groups smaller luxury brands made up for lower demand of its core product line ups. Net income increased substantially from €49.6 million in 2013 to €528.9 million in the past year, despite poor financial performance of its two main brands, Puma […]
Read moreFebruary 17, 2015 9:30 am
Rolls-Royce Holding Plc said on Monday it will co-operate with Brazilian authorities should they chose to approach the company over the allegations of bribery in the country. Rolls-Royce paid bribes through an agent in order to win a $100 million contract with Petrobras, according to a testimony from a former executive of the Brazilian company. […]
Read moreFebruary 17, 2015 8:47 am
Gold slid on Tuesday amid speculations demand for the yellow metal will drop as China celebrates its Lunar New Year holiday, despite Europes failure to reach an agreement over Greeces debt. Comex gold for delivery in April was down $4.9 from Fridays close of $1 227.1 at $1 222.2 per troy ounce at 8:26 GMT. […]
Read moreFebruary 17, 2015 8:43 am
Yesterday’s trade saw USD/CAD within the range of 1.2418-1.2490. The pair closed at 1.2466, up 0.09% on a daily basis, following two consecutive daily losses from last week. At 8:38 GMT today USD/CAD was down 0.21% for the day to trade at 1.2441. The pair touched a daily low at 1.2435 at 8:15 GMT. Fundamentals […]
Read moreFebruary 17, 2015 8:05 am
Yesterday’s trade saw EUR/USD within the range of 1.1317-1.1429. The pair closed at 1.1353, falling 0.39% on a daily basis, and extending losses from Friday last week. At 7:59 GMT today EUR/USD was down 0.05% for the day to trade at 1.1348. The pair touched a daily low at 1.1322 during early Asian trade. Fundamentals […]
Read moreFebruary 17, 2015 7:44 am
Yesterday’s trade saw EUR/CAD within the range of 1.4119-1.4243. The pair closed at 1.4155, down 0.29% on a daily basis, which marked a third consecutive daily loss. At 7:41 GMT today EUR/CAD was down 0.23% for the day to trade at 1.4122. The pair touched a daily low at 1.4119 at 7:39 GMT. Fundamentals Euro […]
Read moreFebruary 17, 2015 7:20 am
Yesterday’s trade saw EUR/GBP within the range of 0.7374-0.7429. The pair closed at 0.7390, down 0.14% on a daily basis, which marked a third consecutive daily loss. At 7:16 GMT today EUR/GBP was up 0.03% for the day to trade at 0.7392. The pair touched a daily high at 0.7395 during early Asian trade. Fundamentals […]
Read moreFebruary 16, 2015 4:00 pm
Balfour Beatty announced on Monday it had sold a £40 million stake in its wind farm operations off the coast of Kent as a part of the struggling British infrastructure groups turnaround plan. The group said it had reached a deal with fund management company Equitix to sell 80% of its Thanet offshore transmission project. […]
Read moreFebruary 16, 2015 2:20 pm
Aer Lingus Group Plc has appointed Stephen Kavanagh to replace Christoph Mueller as chief executive as the Irish airline continues takeover negotiations with International Airlines Group. Mr. Mueller, who joined the company in 2009, announced last year that he will step down from the lead position and join Malaysia Airlines as chief executive. During his […]
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