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Delivery Hero slightly lifts annual GMV outlook
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Andreas Harte, a Foodora delivery cyclist poses in front of Delivery Hero headquarters in Berlin, Germany, June 2, 2017. Foodora is part of the Berlin-based company Delivery Hero, one of Europe's largest internet start-ups. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsNov 14 (Reuters) - German online takeaway food company Delivery Hero (DHER.DE) slightly raised its full-year outlook on Tuesday after reporting a better-than-expected gross merchandise value (GMV) for the third quarter. The Berlin-based company now sees 2023 GMV growth at the upper end of its previous forecast range of 5-7% in constant currency terms. Delivery Hero, which reports earnings numbers only on a half-year and annual basis, said its key Asia-Pacific business reached a positive adjusted EBITDA before group costs in the month of October.
Persons: Andreas Harte, Foodora, Fabrizio Bensch, Emmanuel Thomassin, Ozan Ergenay, Michal Aleksandrowicz, Milla Nissi Organizations: REUTERS, Thomson Locations: Berlin, Germany, Frankfurt, Asia, Pacific, Gdansk
Raducanu withdraws from Macau exhibition match
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: +1 min
Tennis - WTA 500 - Stuttgart Open - Porsche Arena, Stuttgart, Germany - April 18, 2023 Britain's Emma Raducanu during her round of 32 match against Latvia's Jelena Ostapenko REUTERS/Angelika Warmuth/File Photo Acquire Licensing RightsNov 13 (Reuters) - Former U.S. Open champion Emma Raducanu has pulled out of a December exhibition match at the Macau Tennis Masters as she continues to recover from wrist and ankle surgery, her management company IMG said on Monday. Raducanu was poised to return to action after her May surgeries but, on her 21st birthday, has decided to extend her time on the sidelines. Raducanu started light training in August and said she is targeting a comeback for next season. The inaugural Grand Slam of the year kicks off in Australia on Jan. 15. Reporting by Tommy Lund in Gdansk; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Emma Raducanu, Latvia's Jelena Ostapenko REUTERS, Angelika Warmuth, Raducanu, Tommy Lund, Ken Ferris Organizations: Porsche, Former U.S, Macau Tennis Masters, IMG, Briton, Wimbledon, Thomson Locations: Stuttgart, Germany, Former, New York, Australia, Gdansk
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Acquire Licensing RightsGDANSK, Nov 10 (Reuters) - Citigroup has resumed the process of selling the retail business of Bank Handlowy (BHW.WA) in Poland, Bank Handlowy CEO Elzbieta Czetwertynska said on Friday, adding that talks with interested investors may begin in the next few months. "Citi has resumed the process of selling its retail banking business of Bank Handlowy in Poland ... I expect that talks with interested entities will begin in the coming months," she said during press conference. The plan was first mooted by Citigroup, majority shareholder of Bank Handlowy (BHW.WA), in 2021.
Persons: Chris Helgren, Elzbieta Czetwertynska, Marta Maciag, Alison Williams Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, Bank, Thomson Locations: Toronto , Ontario, Canada, GDANSK, Poland, Bank Handlowy
Liverpool suffer shock loss at Toulouse
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
[1/5] Soccer Football - Europa League - Group E - Toulouse v Liverpool - Stadium Municipal de Toulouse, Toulouse, France - November 9, 2023 Toulouse's Aron Donnum celebrates scoring their first goal with teammates REUTERS/Stephane Mahe Acquire Licensing RightsTOULOUSE, France, Nov 9 (Reuters) - Liverpool suffered a dramatic 3-2 loss at French side Toulouse in Europa League Group E on Thursday after the English side had a potential equaliser ruled out in the final minute of added time. Liverpool pulled one back in the 73th minute through an own goal from Cristian Casseres, but Frank Magri restored the hosts' two-goal advantage three minutes later, slotting home a deflected cross from close range. Diogo Jota gave the Premier League side hope when he dribbled into the box and placed the ball into the bottom corner. Liverpool remained top of Group E, two points ahead of Toulouse. Reporting by Tommy Lund in Gdansk, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Toulouse's Aron Donnum, Stephane Mahe, Aron Donnum, Thjis Dallinga, Cristian Casseres, Frank Magri, Diogo Jota, Quansah, Alexis Mac Allister, Tommy Lund, Ed Osmond Organizations: Soccer, Europa League, Liverpool, de Toulouse, Rights, French, Toulouse, Premier League, Thomson Locations: Toulouse, France, Rights TOULOUSE, Gdansk
Burnley's Foster sidelined over mental health concern
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
Nov 9 (Reuters) - Burnley striker Lyle Foster will be sidelined indefinitely due to a recurrence of a mental health issue, the Premier League club said on Thursday. The 23-year-old South African has scored three goals for Burnley this season in eight appearances. loading"He is currently in the care of specialists - giving him the support and care he needs to help him back to full health." Foster has earned 10 caps for the South African national team as well. The club are second-bottom in Premier League with four points after 11 matches.
Persons: Lyle Foster, Lyle, Foster, Tommy Lund, Pritha Sarkar Organizations: Burnley, Premier League, South African, Arsenal, Thomson Locations: Gdansk
[1/5] Soccer Football - Champions League - Group D - FC Salzburg v Inter Milan - Red Bull Arena Salzburg, Salzburg, Austria - November 8, 2023 Inter Milan's Lautaro Martinez scores their first goal from the penalty spot REUTERS/Leonhard Foeger Acquire Licensing RightsSALZBURG, Austria, Nov 8 (Reuters) - A late penalty by Lautaro Martinez helped Inter Milan book their spot in the Champions League last 16 with a 1-0 win at Salzburg on Wednesday, dashing the Austrian champions' knockout stage hopes with two games remaining. Substitute Martinez sealed the win for Inter from the spot five minutes from fulltime after Simone Inzaghi's men were awarded a penalty for a handball. Salzburg, who would have kept their last-16 qualifying chances alive with a draw, are third with three points. Martinez, who has scored 12 goals in 11 Serie A games this season, eventually gave Inter the lead, minutes after hitting the bar with an earlier chance. Inter, who last season reached the final and enjoyed their most successful Champions League campaign since lifting the trophy in 2010 under Jose Mourinho, edged Salzburg 2-1 in the reverse fixture last month.
Persons: Inter Milan's Lautaro Martinez, Leonhard Foeger, Lautaro Martinez, Martinez, Simone Inzaghi's, Davide Frattesi, Alessandro Bastoni, Jose Mourinho, Anita Kobylinska, Toby Davis Organizations: Soccer Football, FC Salzburg, Inter Milan, Red Bull Arena Salzburg, Inter Milan's, REUTERS, Champions League, Salzburg, Inter, handball, Real Sociedad, Benfica, Austrian, Serie, League, Thomson Locations: Salzburg, Austria, SALZBURG, Austrian, Gdansk
Capgemini Q3 revenue falls after decline in North America
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +1 min
The Capgemini logo is seen at the company's office in Issy-les-Moulineaux near Paris, France, August 3, 2021. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsNov 7 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday posted a 1.3% fall in third-quarter revenue at current exchange rates, including 4% fall in North America, its second-biggest market. The firm said its investment of 2 billion euros in AI was progressing "as planned" with the aim of doubling the workforce involved to 60,000 people over the three years. The Paris-based group's revenue was 5.48 billion euros ($5.87 billion) in the third quarter, down from 5.55 billion a year earlier, while its bookings rose 1% to 5.28 billion euros. ($1 = 0.9341 euros)Reporting by Lina Golovnya and Stéphanie Hamel in Gdansk; editing by Kim Coghill and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Benoit Tessier, Aiman Ezzat, chatbot, Capgemini, Lina Golovnya, Stéphanie, Kim Coghill, Jason Neely Organizations: REUTERS, French IT, Alstom, Thomson Locations: Issy, Paris, France, French, North America, United States, Europe, Gdansk
How European airlines have hedged against fuel price increases
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +5 min
Spot Northwest European jet fuel prices were at $950 per metric ton on Monday, up 4% from before the assault. They also try to hedge against value changes in the U.S. dollar, in which jet fuel is priced. JET2 (JET2.L):The British leisure travel company said in July it had 81.8% of fuel hedged over the next 12 months. Lufthansa has hedged 74% of the fuel it expects to need for 2024 at an average price of $951 per ton. WIZZ AIR (WIZZ.L):The Hungarian carrier said in June it had hedged 62% of its 2024 fuel needs and 53% of the dollars it needs for that fuel.
Persons: Toby Melville, Vueling, IAG, Camilla Borri, Louis van Boxel, Woolf, Marta Frąckowiak, Milla Nissi, Edwina Gibbs Organizations: Heathrow Airport, REUTERS, Brent, U.S ., AIR FRANCE, KLM, Reuters, British Airways, LUFTHANSA, Lufthansa, NORWEGIAN AIR, RYANAIR, SAS, Thomson Locations: London, Israel, Ukraine, Franco, Dutch, Iberia, NORWEGIAN, Norwegian, Gdansk
Nov 3 (Reuters) - Mainz 05 have terminated Anwar El Ghazi's contract following the forward's social media posts in connection with the Israel-Hamas conflict, the Bundesliga club said on Friday. "My position remains the same as it was when this started," El Ghazi wrote. The 28-year-old El Ghazi added that he had "no regrets or remorse" regarding his position and refused to distance himself from what he had previously said. In a statement, Mainz said the player's contract had been terminated as a result of his statements and posts on social media without specifying. Mainz said on social media on Wednesday that they had read El Ghazi's latest statement in relation to the club "which we noted with surprise and incomprehension.
Persons: Anwar El Ghazi's, El Ghazi, Mainz, El, Israel, Tommy Lund, Ken Ferris Organizations: Bundesliga, Mainz, Aston Villa, Everton, Leizpig, Thomson Locations: Mainz, Israel, Gaza, Gdansk
Diaz to make call on Luton match, says Liverpool's Klopp
  + stars: | 2023-11-03 | by ( ) www.reuters.com   time to read: +2 min
[1/5] Soccer Football - Europa League - Group E - Liverpool v Toulouse - Anfield, Liverpool, Britain - October 26, 2023 Liverpool's Luis Diaz during the warm up before the match REUTERS/Molly Darlington/File Photo Acquire Licensing RightsLIVERPOOL, England, Nov 3 (Reuters) - Luis Diaz will decide for himself whether he can play for Liverpool in Sunday's Premier League match at Luton Town following the kidnapping of his parents, manager Juergen Klopp said. Diaz's mother, Cilenis Marulanda, and father, Luis Manuel Diaz, were taken by armed men as they were driving in La Guajira province in Northern Colombia on Saturday. Klopp said he would not underestimate promoted Luton who have only earned one point in four games at Kenilworth Road this season. "We will probably face a low block. We will probably face set-pieces with quality, he said.
Persons: Liverpool's Luis Diaz, Molly Darlington, Luis Diaz, Juergen Klopp, Cilenis Marulanda, Luis Manuel Diaz, Marulanda, Klopp, Thiago Alcantara, Thiago, Stefan Bajcetic, Tommy Lund, Ed Osmond Organizations: Soccer, Europa League, Liverpool, Toulouse, Rights, Sunday's Premier League, Luton Town, Tottenham Hotspur, Arsenal, Manchester City, Luton, Kenilworth, Thomson Locations: Anfield, Liverpool, Britain, Rights LIVERPOOL, England, La Guajira, Northern Colombia, Colombia, Luton, Gdansk
Arctic-2 LNG has been expecting to start exporting soon and it is uncertain how much Russian LNG would be blocked by the new measures. The largest Russian LNG producer Novatek (NVTK.MM) said in September it would start shipments from Arctic-2 LNG early next year. The State Department said Zakharov is the creator and designer of the drones. "And every sanctions decision must work in full, so that there is no chance for Russia to bypass them." The State Department also imposed sanctions on multiple defense-related entities and procurement companies in the UAE.
Persons: Volodymyr Zelenskiy, Joe Biden, Doug Mills, Biden, Vladimir Putin, Antony Blinken, Aleksandr Zakharov, Zakharov, Andriy Yermak, Yermak, Daphne Psaledakis, Timothy Gardner, Alexandra Alper Mike Stone, Karen Freifeld, Yuliia Dysa, Ron Popeski, Nick Zieminski, Diane Craft Organizations: U.S, White, Rights, Moscow, State Department, Commerce Department, United Arab, Treasury Department, Systems, Treasury, Russian LNG, European, ZALA Aero, Russian Ministry of Defense, The State Department, Russian Federation, Washington, Turkish, UAE . Construction, Thomson Locations: Washington , U.S, United States, Ukraine, Siberia, Washington, Russian, U.S, United Arab Emirates, Turkey, China, Russia, Moscow, Crimea, Europe, European Union, Ukrainian, ZALA, UAE, New York, Gdansk, Beijing
Commerzbank's Polish unit mBank's logo is seen in Warsaw, Poland, May 31, 2023. REUTERS/Kacper Pempel/File photo Acquire Licensing RightsGDANSK, Oct 31 (Reuters) - Polish lender mBank's (MBK.WA) CEO Cezary Stypulkowski on Tuesday said he did not see the end of provisioning for legal risks related to Swiss franc mortgages, adding the scale of the issue was difficult to predict. Stypulkowski did not give any timeline on when the situation might be solved. The bank's provisions for legal risk of foreign currency loans were 1.08 billion zlotys ($258.84 million) in the third quarter, compared with 2.31 billion zlotys a year earlier. ($1 = 4.1724 zlotys)Reporting by Mateusz Rabiega; editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
Persons: Kacper, Cezary Stypulkowski, Stypulkowski, Mateusz, Milla Nissi Organizations: REUTERS, Thomson Locations: Warsaw, Poland, GDANSK
Italy's Prysmian lands Clean Path New York cable deal
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +1 min
Companies Prysmian SpA FollowOct 30 (Reuters) - Italian cable maker Prysmian (PRY.MI) said on Monday it had signed a deal worth about 900 million euros ($954 million) with a public-private consortium to supply a submarine and land power cable system in the state of New York. Prysmian said in a statement that it will design, manufacture, construct, install and commission a high-voltage direct current (HVDC) 400 KV (kilovolt) single core cable system with XLPE insulation for Clean Path New York, a renewable energy project that is worth $11 billion in total. The joint venture between Invenergy, energyRe, and the New York Power Authority, comprises 3,800 MW (megawatt) of wind and solar power from more than 20 new resources and a 175-mile (281.64 km), underground and submarine transmission link. Works are conditionally expected to start in spring 2024. ($1 = 0.9433 euros)Reporting by Alessandro Parodi and Alberto Chiumento in Gdansk; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
Persons: Prysmian, Alessandro Parodi, Alberto Chiumento, Alexander Smith Organizations: New York Power Authority, Thomson Locations: New York, York, Invenergy, Gdansk
Lazio captain Immobile struck low into the left of the net in stoppage time, sending Fiorentina goalkeeper Pietro Terracciano the wrong way after Lazio were awarded a penalty when Fiorentina's Nikola Milenkovic handled the ball. Fiorentina are sixth in the standings on 17 points, one point behind champions Napoli in fifth and two less than fourth-placed Atalanta, who beat lowly Empoli 3-0 earlier on Monday. Lazio, who won three consecutive home games in the competition for the first time since April, moved up to seventh in the standings on 16 points. Lazio next travel to Bologna on Friday while Fiorentina take on second-placed Juventus on Sunday. Reporting by Anita Kobylinska in Gdansk Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Ciro, Remo Casilli, Vincenzo Italiano's, Pietro Terracciano, Fiorentina's Nikola Milenkovic, Atalanta, Maurizio Sarri, Lucas Beltran, Felipe Anderson, Anita Kobylinska, Christian Radnedge Organizations: Soccer, Lazio, Fiorentina, Stadio Olimpico, Rights, Serie, Napoli, Empoli, Inter Milan, Sky Sports, Serbian, Europa Conference League, Juventus, Sunday, Thomson Locations: Rome, Italy, Bologna, Gdansk
LONDON, Oct 30 (Reuters) - Chelsea supporters travelling to Wolverhampton Wanderers for the Premier League fixture on Christmas Eve will be offered free transport to and from the game, the London club said on Monday. "The club is aware that transport options are more limited than usual on this date, as it is a Sunday and also Christmas Eve," Chelsea said in a statement. "As a sign of appreciation for fans making this trip, Chelsea Football Club will be offering free travel as a goodwill gesture to anyone who purchases a ticket." The change of date to Christmas Eve was criticised by the club's fans who described it as "totally unacceptable". The Chelsea Supporters' Trust said match-going fans would face issues travelling to Wolves on a holiday weekend.
Persons: Chelsea, Mauricio Pochettino, Anita Kobylinska, Ken Ferris Organizations: Chelsea, Wolverhampton Wanderers, Premier League, Chelsea Football Club, Chelsea Supporters, Trust, Wolves, Molineux, Argentine, Thomson Locations: London, England, Gdansk
Marseille match against Lyon called off after team bus attacked
  + stars: | 2023-10-29 | by ( ) www.reuters.com   time to read: +2 min
Oct 29 (Reuters) - Sunday's Ligue 1 match between Olympique de Marseille and Olympique Lyonnais was called off after Lyon's team bus was pelted with stones, injuring coach Fabio Grosso, as the players made their way to the Stade Velodrome. Sky Italia footage showed damage to two bus windows and Grosso being led into the stadium by two assistants. Italian media said Grosso suffered injuries to his scalp and face. "He can't hold a conversation, he had shards of glass in his face," Lyon's club president, John Textor added. "Because of a handful of thoughtless people, the party planned for this evening has been ruined, and 65,000 fans have been deprived of attending a football match," the club added.
Persons: Fabio Grosso, Grosso, John Textor, Lyon, Francois Letexier, Fabio Grosso's, Amelie Oudea Castera, Raffaele Longo, Tommy Lund, Kate Entringer, Hugh Lawson, Clare Fallon Organizations: Ligue, Olympique de Marseille, Olympique Lyonnais, Stade Velodrome, Sky, OL, French Professional League, Lyonnais, Marseille, Thomson Locations: Marseille, Gdansk, Paris, Lincoln
[1/5] Alpine Skiing - FIS Alpine Ski World Cup - Women's Giant Slalom - Soelden, Austria - October 28, 2023 Switzerland's Lara Gut-Behrami celebrates on the podium with teammates after winning the women's giant slalom REUTERS/Leonhard Foeger Acquire Licensing RightsSOELDEN, Austria, Oct 28 (Reuters) - Switzerland's Lara Gut-Behrami narrowly won the women's giant slalom, edging out Italy's Federica Brignone, while the favourite, U.S. Mikaela Shiffrin, finished sixth at the opening event of the 2022-23 World Cup season in Soelden on Saturday. Gut-Behrami had a mediocre first run, finishing in fourth place, but she beat the entire field in her second run, when she was 0.75 faster than Brignone. And I paid for that a little bit in the first run," Gut-Behrami said. "The second run, I felt again that everything was normal and I could do what I wanted." "A little messy in some spots, but I liked my mentality going into the second run better," Shiffrin said.
Persons: Lara, Leonhard Foeger, Behrami, Italy's, Mikaela Shiffrin, Petra Vlhova, Shiffrin, Tommy Lund, Aadi Nair, Hugh Lawson Organizations: REUTERS, Thomson Locations: Austria, Soelden, Austrian, Slovakia, Gdansk, Bengaluru
A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland April 28, 2016. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsGDANSK, Oct 27 (Reuters) - Poland's Bank Millennium (MILP.WA) aims to conclude 1,000 settlements every quarter with customers regarding Swiss franc loans, Chief Executive Joao Bras Jorge said on Friday. Last year the Polish government introduced a so-called credit vacation to help borrowers deal with higher interest rates in Poland. Bank Millennium, majority owned by Portugal's Millennium bcp (BCP.LS), said it will not propose a dividend for 2023. Bank Millennium posted a third quarter net profit of 103 million zlotys ($24.40 million), reversing a 1 billion zloty loss a year earlier.
Persons: Kacper, Joao Bras Jorge, Jorge, Fernando Bicho, Bicho, Marta Maciag, Adrianna Ebert, Anna Banacka, Susan Fenton Organizations: REUTERS, Swiss, Bank, Portugal's, Thomson Locations: Warsaw, Poland, GDANSK, Switzerland
Man Utd's Onana supports Garnacho over gorilla emoji post
  + stars: | 2023-10-27 | by ( ) www.reuters.com   time to read: +1 min
Oct 27 (Reuters) - Manchester United's goalkeeper, Andre Onana, said teammate Alejandro Garnacho should not face any repercussions for his use of gorilla emojis in a recent social media post. Garnacho later deleted the post, but English media reported that the Football Association (FA) had been made aware of the post and contacted the Argentinian. This matter should go no further," Onana wrote on the social media platform X, formerly known as Twitter. loadingGarnacho has made no comment about his deleted post or about being contacted by the FA. However, Man U could have dropped two points if Onana hadn't saved Jordan Larsson's penalty several minutes into stoppage time.
Persons: Andre Onana, Alejandro Garnacho, Garnacho, Onana, Harry Maguire, Onana hadn't, Jordan Larsson's, Tommy Lund, Tom Hogue Organizations: Manchester United's, FC Copenhagen, Football Association, FA, United, Champions League, Thomson Locations: Gdansk
ACAPULCO, Mexico, Oct 27 (Reuters) - Looting ravaged the Mexican city of Acapulco after the iconic beach resort was hammered this week by Hurricane Otis, a record-breaking storm that killed at least 27 people and left thousands of residents struggling to get food and water. [1/5]People walk among rubble in the aftermath of Hurricane Otis, in Acapulco, Mexico, October 27, 2023. 'WE WERE LUCKY'Mexican authorities said Otis was the most powerful storm ever to strike Mexico's Pacific coast. To evacuate tourists, an air bridge between Acapulco and Mexico City was being set up on Friday after authorities got the city's battered airport back up and running. Lopez Obrador urged insurance companies to speed up payouts.
Persons: Hurricane Otis, Otis, everything's, Rodolfo Villagomez, Andres Manuel Lopez Obrador, Lopez Obrador, Raul Busto Ramirez, Letitia Murphy, Neil Marshall, Murphy, Quetzalli, we're, Enki, Lopez, Pope Francis, Joe Biden, America Movil, Alexandre Meneghini, Jose Cortes, Diego Ore, Kylie Madry, Laura Gottesdiener, Natalia Siniawski, Dave Graham, Chizu Nomiyama, Bill Berkrot, Sandra Maler, Raju Gopalakrishnan Organizations: Reuters, REUTERS, Central America, LUCKY, Otis, America, Thomson Locations: ACAPULCO, Mexico, Acapulco, Guerrero, Acapulco's, Hurricane, British, State, Mexican, Mexico City, Monterrey, Gdansk
The logo of Atos is seen on a company building in Nantes, France, March 11, 2022. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsOct 26 (Reuters) - French IT company Atos (ATOS.PA) on Thursday reported lower third-quarter revenue as good performance at its Eviden division was offset by the loss-making Tech Foundations unit. Atos is in talks to sell its legacy IT division, dubbed Tech Foundations, to Czech billionaire Daniel Kretinsky, which would end its initial turnaround plan to split the group into two listed entities. Atos posted quarterly revenue of 2.59 billion euros ($2.73 billion) for the whole group, down 3% organically and 5.3% on a constant currency basis from 2.82 billion euros last year. It still expects cash burn for the year to be about 1 billion euros.
Persons: Stephane Mahe, Daniel Kretinsky, Yves Bernaert, Atos, Michal Aleksandrowicz, Milla Nissi Organizations: REUTERS, IT, Tech, supercomputing, Thomson Locations: Nantes, France, French, Czech, Eviden, Gdansk
REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsOct 26 (Reuters) - Europe's biggest hotel group Accor on Thursday raised its core profit target for 2023 for the second time this year, citing positive business momentum in all of its markets after another strong post-pandemic summer. The sector continues to benefit from the leisure travel boom despite inflation and the resurgence of recession fears in Europe. It was also boosted by the Rugby World Cup, particularly in cities where hotel supply is more limited, such as Lille and Nantes, Accor said. The group now expects core earnings (EBITDA) of between 955 million euros and 985 million euros for 2023, up from a previous forecast of between 930 million euros and 970 million euros, which was already upgraded in July. It also raised its forecast for growth in RevPAR in 2023 and now expects it to slightly exceed 20%.
Persons: Sarah Meyssonnier, Novotel, Accor, Martine Gerow, Diana Mandiá, Susan Fenton, David Holmes, Sharon Singleton Organizations: REUTERS, Rugby, Lille, Thomson Locations: Issy, Paris, France, Europe, That's, Nantes, Jerusalem, Tel Aviv, RevPAR
Oct 26(Reuters) - Oct 26 (Reuters) - German chip equipment supplier Siltronic improved its sales outlook on Thursday based on stronger revenue expected in the fourth quarter, forecasting a less severe slump this year than previously feared. The company now expects sales to drop by up to 17% this year, versus a previously forecast fall of up to 19%. The provider of silicon wafers for the semiconductor industry reported a 26% drop in its third-quarter sales to 349 million euros ($368 million). "Siltronic delivered a good Q3 beating consensus estimates across the board despite the continued demand weakness as a result of the inventory correction at semi-manufacturers", says Jefferies' analyst Constantin Hesse. Despite the weakened demand, Q4 sales are expected to be better on a quarterly basis indicating a potential low point in Q3, he added.
Persons: Siltronic, Jefferies, Constantin Hesse, Paolo Laudani, Rachel More, Toby Chopra Organizations: Thomson Locations: Frankfurt, Gdansk
As the company reported third-quarter earnings, Chief Executive Jim Rowan told Reuters that he saw healthy demand for its cars, and was optimistic the margins would increase further in the fourth quarter. Volvo's BEV margins were 9% in the quarter, a sharp increase from the previous quarter's figure of 3%. Rowan said he expected the trend of falling prices of raw materials to continue, helping the company increase margins further for the fourth quarter. Investors proved unconvinced, as Volvo shares, down 10% by 1014 GMT, after having fallen as much as 12%, looked set for their biggest ever one-day drop. EV makers have engaged in stiff competition this year, after Tesla ignited a price war intensified by new Chinese players.
Persons: Aly, Jim Rowan, EVs, BEV, Rowan, Jefferies, Philippe Houchois, Houchois, Tesla, China's Geely, Marie Mannes, Greta Rosen Fondahn, Terje Solsvik, Clarence Fernandez Organizations: Volvo, Auto Shanghai, REUTERS, Rights, Reuters, Benz, Motors, Ford, Volkswagen, China's, Thomson Locations: Shanghai, China, Rights STOCKHOLM, EVs
Liverpool thump Toulouse 5-1, Brighton earn first European win
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +4 min
The rest of the match belonged to Liverpool as Wataru Endo headed them back in front just past the half-hour mark. That goal took the Egyptian's tally to 43 for Liverpool in major European competitions, a record for any player at an English club. Liverpool top the group by five points over Union Saint Gilloise and Toulouse, who both have four points. BRIGHTON ROCKBrighton achieved a European milestone by beating Ajax and reigniting their chances of reaching the knockout stages. They are now level on four points with second-placed AEK Athens in Group B, a point behind Olympique de Marseille.
Persons: Diogo Jota, Wataru Endo, Darwin Nunez, Nunez, Ryan Gravenberch, Mohamed Salah, LASK, Cameron Puertas, Christian Burgess, Joao Pedro, Diant Ramaj, Ansu Fati, Maurice Steijn, Kostas Fortounis, Rodinei's, Angelo Ogbonna, Angelo Ogbonna . West Ham, Lucas Paqueta's, Edoardo Bove, Romelu Lukaku, Jose Mourinho's, Alejandro Grimaldo, Stade Rennais, Arnaud Kalimuendo, Tommy Lund, Ken Ferris Organizations: Liverpool, Brighton, Ajax, Olympiakos, West, Marseille, Leverkusen, Rennes, LIVERPOOL, Toulouse, Europa League, Brighton & Hove Albion, Ajax Amsterdam, Union Saint Gilloise, Union, BRIGHTON ROCK Brighton, AEK Athens, Olympique de Marseille, AEK, Seagulls, Olympiakos Piraeus, Europa Conference League, West Ham United, Freiburg, Backa Topla, AS Roma, Slavia Prague, Slavia, Bayer Leverkusen thumped Qarabag, Stade, Panathinaikos, Villarreal, Maccabi Haifa, Thomson Locations: Roma, England, Anfield, Brighton, Liverpool, Toulouse, Europe, Angelo Ogbonna . West, Gdansk
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