Central Europe’s banks can withstand car sector turmoil, S&P says
By Gergely Szakacs BUDAPEST (Reuters) – Turmoil in Europe’s car sector could hit the central European economy and hurt banks’ asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive
Persimmon beats expectations, shares rise
Investing.com — Shares of Persimmon (LON:PSN) jumped over 5% on Tuesday after it reported a 7% increase in home completions for 2024, surpassing market expectations. The UK-based housebuilder delivered 10,664 homes in total, beating consensus of 10,511 and guidance
Carmakers sold over 17 million fully electric and plug-in hybrid vehicles in 2024- report
Investing.com — Global sales of fully electric and plug-in hybrid vehicles increased by a quarter in 2024, reaching over 17 million cars. This rise was supported by a fourth consecutive month of record sales in December, with China’s market continuing
Lindt shares tick higher after chocolate maker lifts 2024 margin forecast
Investing.com – Shares in Lindt & Spruengli (SIX:LISN) rose in early European trading on Tuesday after the chocolate maker hiked its 2024 margin forecast. In an ad hoc announcement on Tuesday, the Swiss group said it now expects to post an operating profit
UniCredit CEO sees Credit Agricole’s decision on Amundi deal by May, paper says
MILAN (Reuters) -Credit Agricole should decide by May whether it wants UniCredit to extend a contract it has with the French bank’s fund manager Amundi, an Italian daily reported citing comments by UniCredit’s CEO. UniCredit CEO Andrea Orcel told investors in