EXCLUSIVE Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week
Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters.
Betting on hydrogen hype, Thyssenkrupp eyes $687 mln in IPO cash
Thyssenkrupp’s (TKAG.DE) electrolysis business is aiming for proceeds of up to 600 million euros ($687 million) by selling new shares in a possible initial public offering this year, betting on the $130 billion hydrogen sector it supplies
Bank of Ireland fined 24.5 mln euros over IT failures
Ireland’s central bank has fined Bank of Ireland (BIRG.I) 24.5 million euros ($27.8 million) over technology failures that the lender took more than a decade to fix.
Thyssenkrupp’s profit to double in 2022, flags hydrogen IPO
Thyssenkrupp’s (TKAG.DE) operating profit could more than double next year, the submarines-to-steel group said on Thursday, boosted by an economic recovery and turnaround that will likely include listings of its hydrogen and steel divisions.
Miners, mixed earnings drag down European stocks
European stocks slipped on Wednesday, with miners leading the declines after concerns about Chinese intervention hit metal prices, while mixed corporate earnings reports kept investors on edge.
Ryanair nudges up annual traffic forecast as summer bookings surge
Ryanair (RYA.I) on Monday nudged up its forecast for full-year traffic on strong summer bookings but said fares remained well below pre-pandemic levels as it reported a first-quarter net loss of 273 million euros ($322 million).
Philips beats earnings forecast as it mobilises for respiratory device recall
Dutch health technology company Philips (PHG.AS) on Monday beat analysts’ expectations with a jump in second-quarter core earnings to 532 million euros ($626 million), boosted by its personal health and diagnosis businesses.
