International business news

Hugo Boss SE announced that revenue and profits were higher than expected in 2021 after a strong start to the year, according to preliminary data. The German company of high quality clothing, announced that sales…
Read More...

Rio Tinto, the world's second-largest mining company by market value, said it was preparing for a slowdown in the US economy and the eurozone. Concerns about the Omicron mutation and persistent supply problems…
Read More...

British Culture Minister Nandin Doris announced today that the government has decided to freeze BBC funding for two years, in a bid to protect what it claims are citizens' financial resources. Doris said the…
Read More...

Moderna's candidate vaccine specifically targeting the coronavirus mutant Omicron strain will enter clinical development in the coming weeks and the company estimates it will be able to share its data with regulators…
Read More...

The Russian giant Gazprom's daily gas exports to its main markets shrank in the first fortnight of the new year to their lowest level since 2015, amid growing criticism that it is holding back gas supplies to Europe.…
Read More...

The share of the Swiss train construction company Stadler Rail AG, rises 5.3% after the announcement that it has undertaken the largest contract in its history, for the delivery of 504 tram trains, worth 4 billion…
Read More...

Italy's largest insurance general, Generali, has said that the representative of its third largest investor, Leonardo Del Vecchio, has resigned from the board as the rift between the group and two of its top…
Read More...

VTB Bank announced that net profits and total assets for 2021 have increased. The Russian bank said net profit stood at 242.6 billion rubles ($ 3.18 billion) and that net interest income rose 24 percent year on…
Read More...

Banco Bilbao Vizcaya Argentaria plans to distribute a dividend of over 7 billion Euros to shareholders for 2021 and 2022, announced the CEO of the company. The Spanish bank plans to distribute the amount,…
Read More...

Unilever hinted today that it would pursue a deal on GlaxoSmithKline consumer health activities, even commenting that it was in line with its strategy, after rejecting the 50 50 billion ($ 68.4 billion) offer.…
Read More...