
Swedbank shares hit by interest income dip
Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%.

Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%.

Japan’s Panasonic Corp (6752.T) on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages and a drop in domestic sales for appliances.

The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain.

WarnerMedia’s HBO Max streaming service will launch in 15 European countries, including Poland, Portugal and Romania, on March 8, making it available in 61 territories across Europe and the Americas.

When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime, its fast-delivery and media subscription.

Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may help push prices up in the key summer season.

Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup’s co-founder and chief executive told Reuters.

Malaysia’s AirAsia Group Bhd (AIRA.KL) said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline.

Apple Inc (AAPL.O) is planning a new service that will allow small businesses to accept payments directly on their iPhones without any extra hardware, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.

U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.

Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%.

Japan’s Panasonic Corp (6752.T) on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages and a drop in domestic sales for appliances.

The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain.

WarnerMedia’s HBO Max streaming service will launch in 15 European countries, including Poland, Portugal and Romania, on March 8, making it available in 61 territories across Europe and the Americas.

When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime, its fast-delivery and media subscription.

Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may help push prices up in the key summer season.

Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup’s co-founder and chief executive told Reuters.

Malaysia’s AirAsia Group Bhd (AIRA.KL) said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline.

Apple Inc (AAPL.O) is planning a new service that will allow small businesses to accept payments directly on their iPhones without any extra hardware, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.

U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.
© | All rights reserved.