25 March

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British caterer Compass sees margins improve quarter-on-quarter By Reuters

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(Reuters) - British catering firm Compass Group (LON:CPG) expects its margins in the second quarter to be better than the first, as it trimmed costs to cope with an expected slump in revenue driven by coronavirus-led closures. The world's largest caterer said its operating margin for the second quarter ended March 31 is expected to increase by about 130 basis...

25 March

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After first ever annual loss, Cineworld raises more cash By Reuters

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(Reuters) - Cineworld said on Thursday it has secured commitments for a new $213 million convertible bond to safeguard itself from a further hit due to the coronavirus pandemic as it posted its first ever annual loss as a listed company. Even as the Regal owner prepares to reopen its U.S. movie...

25 March

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Japan shares higher at close of trade; Nikkei 225 up 1.14% By Investing.com

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Investing.com – Japan equities were higher at the close on Thursday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 1.14%. The biggest gainers of the session on the Nikkei 225 were Mitsui Mining and Smelting Co. (T:5706), which rose 5.82% or...

25 March

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.25% By Investing.com

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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Oil & Gas Producers, Industrial Metals & Mining and Construction & Materials sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.25%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Tui AG (LON:TUIT), which rose...

25 March

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China Tech Giants Dive as Delisting Threat Joins Crackdown Fears By Bloomberg

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(Bloomberg) -- Tech giants from Tencent (HK:0700) Holdings (OTC:TCEHY) Ltd. to Alibaba (NYSE:BABA) Group Holding Ltd. dived after U.S. regulators revived threats to toss China’s largest corporations off U.S. bourses, compounding concerns of a widening domestic antitrust crackdown. Tencent and Alibaba slid more than 5% in Hong Kong Thursday before paring losses, joining a U.S. selloff that wiped more...

25 March

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Europe needs $355 billion for 5G rollout, industrial study says By Reuters

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By Foo Yun Chee BRUSSELS (Reuters) - Europe needs to pump 300 billion euros ($355 billion) into its telecoms infrastructure by 2025 if it wants to roll out super fast 5G across the 27-country bloc to boost economic growth and tap the potential of the technology, a report said on Thursday. The study by consulting firm BCG, commissioned by telecoms lobbying group...

25 March

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PUBG Mobile reports 1 billion accumulated downloads since 2018 launch By Reuters

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By Pei Li (Reuters) - Chinese tech giant Tencent (HK:0700) said on Thursday its cellphone action game PUBG Mobile has surpassed 1 billion accumulated downloads outside China, making it one of the most successful games worldwide. PUBG Mobile, the mobile version of Playerunknown's Battlegrounds, in which a group of players fight one...

25 March

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Kona EV owners say Hyundai mishandling recall for battery fires By Reuters

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By Heekyong Yang SEOUL (Reuters) - Some owners of Hyundai Motor's Kona electric vehicles say the South Korean automaker is bungling a major recall with delays and poor communication, and risks losing buyers as it targets the No.3 spot in the fast-growing sector. Hyundai said last month it would replace the battery systems...

25 March

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Britain’s Nationwide tells all 13,000 staff: ‘work anywhere’ By Reuters

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By Lawrence White LONDON (Reuters) - Britain's Nationwide Building Society has told all its 13,000 office-based staff to work from anywhere in the country, in one of the clearest signs yet firms are making permanent the remote working arrangements put in place during the COVID-19 crisis. The lender said on Thursday it will not renew the leases on three of its offices...

25 March

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Mastercard battles return of $19 billion UK class action By Reuters

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By Kirstin Ridley LONDON (Reuters) - A specialist London court will this week re-consider allowing an historic 14 billion pound ($19 billion) class action against Mastercard (NYSE:MA) to proceed, which could entitle adults in Britain to about 300 pounds each if successful. Former financial ombudsman Walter Merricks, who alleges that Mastercard overcharged more than 46 million people in Britain over nearly 16...

Меню

British caterer Compass sees margins improve quarter-on-quarter By Reuters

After first ever annual loss, Cineworld raises more cash By Reuters

Japan shares higher at close of trade; Nikkei 225 up 1.14% By Investing.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.25% By Investing.com

China Tech Giants Dive as Delisting Threat Joins Crackdown Fears By Bloomberg

Europe needs $355 billion for 5G rollout, industrial study says By Reuters

PUBG Mobile reports 1 billion accumulated downloads since 2018 launch By Reuters

Kona EV owners say Hyundai mishandling recall for battery fires By Reuters

Britain’s Nationwide tells all 13,000 staff: ‘work anywhere’ By Reuters

Mastercard battles return of $19 billion UK class action By Reuters

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