Business news


 Carrefour plans investments and savings to tackle inflation

Carrefour plans investments and savings to tackle inflation

November 08, 2022 07:34 PM AEDT | By Reuters

* Eyes free cash flow of over 1.7 bln euros by 2026 * Eyes 4 bln euros in savings by 2026 * Raises annual capex goal to 2.0 bln euros vs 1.7 bln euros...

 Renault, Geely clinch deal for internal-combustion joint venture

Renault, Geely clinch deal for internal-combustion joint venture

November 08, 2022 07:32 PM AEDT | By Reuters

By Norihiko Shirouzu BEIJING (Reuters) - Renault SA and China's Geely said on Tuesday they have agreed to launch a new, equally held joint venture tha...

 European shares open lower as miners lead decline

European shares open lower as miners lead decline

November 08, 2022 07:20 PM AEDT | By Reuters

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Nov 8 (Reuters) - European shares inched...

 Renault raises planned operating margin goal, to reinstate dividend

Renault raises planned operating margin goal, to reinstate dividend

November 08, 2022 07:17 PM AEDT | By Reuters

(Adds details) By Gilles Guillaume PARIS, Nov 8 (Reuters) - French car maker Renault plans to raise operating margins to 8% by 2025 and reinstate divi...

 WRAPUP 1-Renault seals car deal with China's Geely, but Nissan remains elusive

WRAPUP 1-Renault seals car deal with China's Geely, but Nissan remai...

November 08, 2022 07:01 PM AEDT | By Reuters

By Norihiko Shirouzu and Gilles Guillaume BEIJING/PARIS, Nov 8 (Reuters) - Renault SA and China's Geely announced a 50-50 joint venture on Tuesday to...

 Retailer Carrefour plans more investment and savings

Retailer Carrefour plans more investment and savings

November 08, 2022 06:14 PM AEDT | By Reuters

(Adds details) By Dominique Vidalon PARIS, Nov 8 (Reuters) - Carrefour will step up its expansion into e-commerce, slash costs and focus on cash gener...

 OVHcloud To Accelerate International Deployments With Opening Of 15 New Data Centres

OVHcloud To Accelerate International Deployments With Opening Of 15...

November 08, 2022 06:10 PM AEDT | By Reuters

Nov 8 (Reuters) - Ovh Groupe SA: * INTENDS TO ACCELERATE ITS INTERNATIONAL DEPLOYMENTS WITH THE OPENING OF 15 NEW DATA CENTRES BY THE END OF 2024 * OV...

 Renault, Geely clinch deal for internal-combustion joint venture

Renault, Geely clinch deal for internal-combustion joint venture

November 08, 2022 05:59 PM AEDT | By Reuters

(Writes through with context on restructuring efforts) By Norihiko Shirouzu BEIJING, Nov 8 (Reuters) - Renault SA and China's Geely said on Tuesday th...

 TotalEnergies announces plans to cut French electricity tariffs

TotalEnergies announces plans to cut French electricity tariffs

November 08, 2022 05:56 PM AEDT | By Reuters

PARIS (Reuters) - TotalEnergies announced plans on Tuesday to reduce electricity tariffs in France, following government pressure to do more to help c...

 Retailer Carrefour raises capex goals as boss Bompard unveils new strategy plan

Retailer Carrefour raises capex goals as boss Bompard unveils new st...

November 08, 2022 05:35 PM AEDT | By Reuters

PARIS (Reuters) - Europe's largest food retailer Carrefour said it aimed for a net free cash flow of over 1.7 billion euros ($1.70 billion) and 4 bill...

 Biosenic: Autoimmune Disease Platform Has Completed Phase IIB Trial

Biosenic: Autoimmune Disease Platform Has Completed Phase IIB Trial

November 08, 2022 05:13 PM AEDT | By Reuters

Nov 8 (Reuters) - Bone Therapeutics SA: * BIOSENIC PROVIDES UPDATE ON ITS AUTOIMMUNE DISEASE PLATFORM BASED ON ATO (ARSENIC TRIOXIDE) * AUTOIMMUNE DIS...

 Eurazeo End-Sept Total Group AUM At 32.37 Billion Euros

Eurazeo End-Sept Total Group AUM At 32.37 Billion Euros

November 08, 2022 05:07 PM AEDT | By Reuters

Nov 8 (Reuters) - Eurazeo SE: * END-SEPT TOTAL GROUP AUM EUR 32.37 BILLION VERSUS EUR 30.87 BILLION YEAR AGO * NET CASH AND CASH EQUIVALENTS AS OF SEP...

 Renault, Geely clinch deal for internal-combustion joint venture

Renault, Geely clinch deal for internal-combustion joint venture

November 08, 2022 03:57 PM AEDT | By Reuters

(Writes through with details of the venture) By Norihiko Shirouzu BEIJING, Nov 8 (Reuters) - Renault SA and China's Geely said on Tuesday they have ag...

 Renault, Geely strike deal for internal-combustion joint venture

Renault, Geely strike deal for internal-combustion joint venture

November 08, 2022 03:35 PM AEDT | By Reuters

By Norihiko Shirouzu BEIJING (Reuters) - Renault SA and China's Geely said on Tuesday they have agreed to launch a new, equally held joint venture tha...

 Renault, Geely strike deal for internal-combustion joint venture

Renault, Geely strike deal for internal-combustion joint venture

November 08, 2022 03:02 PM AEDT | By Reuters

By Norihiko Shirouzu BEIJING, Nov 8 (Reuters) - Renault SA and China's Geely have agreed to launch a new, equally held joint-venture that will supply...

 Petronas Announces First Oil Discovery In Sépia Field, Brazil

Petronas Announces First Oil Discovery In Sépia Field, Brazil

November 08, 2022 02:56 PM AEDT | By Reuters

Nov 8 (Reuters) - Petronas: * ANNOUNCES FIRST OIL DISCOVERY IN SÉPIA FIELD, BRAZIL * UNIT ANNOUNCED ITS FIRST OIL DISCOVERY IN 4-BRSA-1386D-RJS WELL I...

 Renault’s talks with Geely complicated by Nissan concerns -sources

Renault’s talks with Geely complicated by Nissan concerns -sources

November 08, 2022 07:24 AM AEDT | By Reuters

By Norihiko Shirouzu, Maki Shiraki and David Dolan BEIJING/TOKYO (Reuters) - Nissan Motor Co's concerns about technology transfers have complicated it...

 European shares at seven-week peak as travel stocks shine

European shares at seven-week peak as travel stocks shine

November 08, 2022 04:23 AM AEDT | By Reuters

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Flutter, Ryanair lead travel stocks hig...

 Delta Plus 9-Month Revenue Up At EUR 307.4 Mln

Delta Plus 9-Month Revenue Up At EUR 307.4 Mln

November 08, 2022 04:18 AM AEDT | By Reuters

Nov 7 (Reuters) - DELTA PLUS GROUP SA: * 9-MONTH REVENUE EUR 307.4 MILLION VERSUS EUR 247.5 MILLION YEAR AGO * OUTLOOK 2022: SUCCESSFULLY INTEGRATE MA...

 Vicat 9-Month Consolidated Sales Up At EUR 2.70 Bln

Vicat 9-Month Consolidated Sales Up At EUR 2.70 Bln

November 08, 2022 04:16 AM AEDT | By Reuters

Nov 7 (Reuters) - VICAT SA: * CONSOLIDATED SALES OF EUR 2,697 MILLION IN NINE MONTHS TO 30 SEPTEMBER 2022, UP +15.7% AT CONSTANT SCOPE AND EXCHANGE RA...

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