Euro zone business growth lost more momentum in Jan as Omicron hit demand
Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, a survey showed.
Nokia resumes dividend, share buybacks as turnaround gathers pace
Nokia (NOKIA.HE) on Thursday restarted its quarterly dividend and initiated a share buyback programme after reporting fourth-quarter comparable operating earnings above markets estimates as the Finnish telecoms equipment maker kept costs in check.
Shell ends 2021 on high note, hikes dividend, buybacks again
Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance.
Ford to make new investment of up to $20 billion in EV push- Bloomberg News
Ford Motor Co (F.N) is planning additional investment of up to $20 billion in building its electric vehicles, Bloomberg News reported on Tuesday.
Video game publisher Electronic Arts lowers annual adjusted sales forecast
Electronic Arts Inc (EA.O) lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces the brunt of easing pandemic restrictions and fewer consumers picking up new gaming titles.
Starbucks to hike prices to offset inflation; lowers profit guidance
Starbucks Corp (SBUX.O) will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as rising COVID-19 cases prompted the coffee chain on Tuesday to lower estimates for profits this year.
Santander lifts profits as it releases pandemic provisions
Spain’s Santander (SAN.MC) released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in its main markets and helping boost net profit eight-fold compared to a year earlier.
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%.
Telenor Q4 lags forecasts, sees flat to slightly higher 2022 earnings
Norway’s Telenor (TEL.OL) said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last year, as it posted quarterly profits below forecasts.
Google propels record Alphabet revenue, driving shares up 8%
Google parent Alphabet Inc (GOOGL.O) reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets.
