Stock Market

Maersk will buy the Danish logistics company Martin Bencher Group.

Copenhagen (Reuters) – A.P. Moller-Maersk, a shipping company, said on Friday that it had agreed to buy the Danish logistics…

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European stock futures are going up, and the focus is on nonfarm payrolls.

On Friday, European stock markets were likely to open a little bit higher, thanks to mostly good quarterly corporate earnings.…

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TC Energy and CFE agreed to build a $4.5 billion gas pipeline, suspending arbitration.

Reuters: TC Energy (NYSE: TRP) and the Mexican state utility Comision Federal de Electricidad reached an agreement to build a…

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Lufthansa shares increased after the company forecasted earnings recovery in 2022.

Deutsche Lufthansa AG shares rose on Thursday as the company provided a more comprehensive outlook for the year, expecting continued robust ticket demand. The German carrier’s shares were up 4.2 percent at EUR6.34 at 0822 GMT. Lufthansa expects adjusted earnings before interest and taxes to exceed 500 million euros ($508.3 million) for the whole year, which is in line with market estimates. It originally forecasted an increase in adjusted EBIT over 2021, when it announced a full-year loss of EUR2.35 billion. It also anticipates unambiguously positive adjusted free cash flow for the year, with offered capacity at…

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In a volatile second half, BMW sees a drop in production for the whole year.

BERLIN (Reuters) – BMW said on Wednesday that the second half of the year would be very unstable because of…

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This year, Maersk thinks there will be less demand for shipping containers.

Copenhagen (Reuters) – Maersk, a shipping company, said on Wednesday that it expects global demand for containers to grow less…

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The regulator says that Telstra will have to address competition concerns about Optus’s 5G rollout.

(Reuters) -The country’s competition regulator said on Wednesday that Australian telecoms company Telstra (OTC:TLSYY) Corp will de-register some radio-communications sites…

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Siemens Healthineers’ Q3 profits drop, and the company’s outlook is confirmed.

BERLIN (Reuters) -U.S.-Siemens Healthineers, a German company that makes medical devices, said Wednesday that its earnings for the third quarter…

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After Williams, billionaire Lo considers investing in Formula One.

ENGLAND/CHINA (AFP) Calvin Lo, a Hong Kong tycoon who owns the F1 team Williams, is considering investing further in Formula…

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reports Just Eat’s core loss shrinks, profit estimates held

Reuters: Just Eat Takeaway.com, Europe’s largest meal delivery provider, reported a reduced core loss and below-forecast sales. Refinitiv data shows…

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