18 February

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Britain’s Asda sees sales rise 5.1% in Christmas quarter By Reuters

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LONDON (Reuters) - Britain's third largest supermarket group Asda, now owned by the Issa brothers and private equity group TDR, on Thursday reported a 5.1% rise in same store sales in its Christmas quarter, driven by strong demand for premium ranges. The outcome for the three months to Dec. 31 compared with a third quarter increase of 2.7%. All of Britain's...

18 February

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Nissan expects to invest over 1 billion pounds in UK in coming years By Reuters

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PARIS (Reuters) - Nissan expects to invest more than 1 billion pounds ($1.39 billion) in Britain in the coming years with the arrival of its e-power hybrid technology, the Japanese group's head of Europe said on Thursday. Gianluca de Ficchy, who chairs the Europe, Africa, Middle East, India and Oceania region at Nissan, also told a digital news conference that the...

18 February

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ECB cuts dividend payment to euro zone central banks By Reuters

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FRANKFURT (Reuters) - The European Central Bank will pay the currency bloc's 19 central banks 1.6 billion euros in dividends this year, down from the 2.4 billion euros it paid a year ago as its profit declined, it said in a statement on Thursday. The ECB's net profit for 2020 fell to 1.64 billion euros from 2.37 billion a year earlier,...

18 February

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Britain says making good progress on New Zealand trade deal By Reuters

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LONDON (Reuters) - Britain said on Thursday it was making good progress in trade talks with New Zealand, in a statement following the conclusion of the third round of negotiations. "Good progress was made building on the constructive relationship established in the first two rounds," the government said. The talks took place between Jan. 25 and Feb. 9. "Discussions were pragmatic and...

18 February

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Britain needs a bigger state to recover from pandemic, Labour leader says By Reuters

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LONDON (Reuters) - The British state must take a bigger role in supporting businesses and the public just like it did in the aftermath of World War Two, opposition Labour Party leader Keir Starmer will set out in a speech on Thursday. Starmer, who took over as leader of the main opposition to Prime Minister Boris Johnson's Conservative Party in 2020, will...

18 February

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Facebook ‘bully’ move in Australia shows need for regulation, UK media trade body says By Reuters

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By Kate Holton LONDON (Reuters) - Facebook (NASDAQ:FB)'s move to block all media content in Australia shows why countries around the world need robust regulation to stop tech giants behaving like a "school yard bully", the head of the UK's news media trade group said. News Media Association chairman Henry Faure Walker said Facebook's ban during a global pandemic was "a...

18 February

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Britain must include travel in lockdown easing roadmap – airlines By Reuters

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LONDON (Reuters) - Britain's Prime Minister Boris Johnson must show how travel will restart when he sets out his wider roadmap for easing COVID-19 restrictions on Feb. 22, UK airline bosses said. Coronavirus restrictions on travel have brought airlines to their knees over the last year and Britain's biggest airlines easyJet (LON:EZJ) and...

18 February

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Southern Earnings beat, Revenue misses In Q4 By Investing.com

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Southern (NYSE:SO) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Southern announced earnings per share of $0.47 on revenue of $5.12B. Analysts polled by Investing.com anticipated EPS of $0.4159 on revenue of $5.79B. Southern shares are down 3% from the beginning of the year and are trading at $59.27 ,...

18 February

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Daimler sees 2021 pandemic recovery boosting sales, profits By Reuters

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By Nick Carey LONDON (Reuters) - Daimler AG (DE:DAIGn) expects significant improvements in sales and operating profit in 2021 and will make up for lost production caused by a semiconductor chip shortage by the end of the year, the German carmaker said on Thursday. Bottlenecks causing a shortage of semiconductor chips...

18 February

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Nestle outshines peers thanks to pet food, health products By Reuters

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By Silke Koltrowitz ZURICH (Reuters) - Nestle wants to boost organic sales growth towards a mid-single-digit rate this year, the food giant said on Thursday, after strong demand for pet food and health products in the Americas helped its growth outshine peers last year. Consumers have kept buying packaged food throughout the pandemic and Nestle has fared better than some rivals by...

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Britain’s Asda sees sales rise 5.1% in Christmas quarter By Reuters

Nissan expects to invest over 1 billion pounds in UK in coming years By Reuters

ECB cuts dividend payment to euro zone central banks By Reuters

Britain says making good progress on New Zealand trade deal By Reuters

Britain needs a bigger state to recover from pandemic, Labour leader says By Reuters

Facebook ‘bully’ move in Australia shows need for regulation, UK media trade body says By Reuters

Britain must include travel in lockdown easing roadmap – airlines By Reuters

Southern Earnings beat, Revenue misses In Q4 By Investing.com

Daimler sees 2021 pandemic recovery boosting sales, profits By Reuters

Nestle outshines peers thanks to pet food, health products By Reuters

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