BASF shares indicated 3% lower as impairments drag earnings lower
(Reuters) – Shares in BASF fell 3% in early Frankfurt trading after the chemical company late on Friday reported write-downs and a drop in annual earnings below estimates. According to preliminary figures, 2024 earnings before interest and taxes fell to 2
Lawyer group urges overhaul of US bank charter process to encourage new entrants
By Niket Nishant (Reuters) – U.S. authorities must simplify the process to obtain bank charters, a group of lawyers wrote in a letter to the incoming leadership of banking agencies, emphasizing the industry’s need to adapt in an era dominated by
Ryanair cuts 2026 traffic forecast amid ongoing Boeing delivery delays
Investing.com — Ryanair (LON:0RYA) on Monday revised its fiscal 2026 passenger traffic growth target due to ongoing delays in the delivery of aircraft from Boeing (NYSE:BA). The airline now expects to carry 206 million passengers in fiscal 2026, down from its
SGS ends talks over potential $30 billion merger with Bureau Veritas
ZURICH (Reuters) -Swiss testing and inspection group SGS (SIX:SGSN) has ended talks over a potential $30 billion merger with French rival Bureau Veritas after the two sides failed to reach agreement over the deal, it said on Monday. “SGS
Johnson Matthey to boost cash efficiency, cut spend in hydrogen technologies
(Reuters) – British autocatalyst maker Johnson Matthey (LON:JMAT) said on Monday it has implemented plans to significantly increase its cash efficiency and cut its capital expenditure in hydrogen technologies business following pressure from its top investor. Standard Investments, the