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European Stock Futures Lower; Fresh Covid Worries and U.K. GDP Weigh By Investing.com

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By Peter Nurse Investing.com - European stock markets are seen opening mixed Friday, as traders digest a positive lead from Wall Street but also fresh Covid worries and weak U.K. growth data. At 2:15 AM ET (0715 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France dropped 0.1% and the FTSE 100 futures contract in the U.K....

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12 Март

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Deutsche Bank 2020 bonuses jump 29% as bank turns profit By Reuters

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FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) paid 29% more in bonuses for the past year, the lender said on Friday, rewarding staff for a pandemic related trading boom that helped the bank eke out a small profit in 2020. The disclosure in the bank's annual report came as Deutsche Bank...

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12 Март

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Royal Mail to trial Sunday parcel delivery amid increased demand By Investing.com

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By Samuel Indyk Investing.com – Royal Mail PLC (LON:RMG), the UK-based courier company, announced on Friday that it will begin a Sunday parcel delivery trial amid a surge in demand. The FTSE 250 listed company earlier this week lifted its profit forecast, citing stronger than expected advertising, business, and stamped mail volumes at the beginning of this year. Sunday plans Under...

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12 Март

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Japan shares higher at close of trade; Nikkei 225 up 1.73% By Investing.com

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Investing.com – Japan equities were higher at the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 1.73%. The biggest gainers of the session on the Nikkei 225 were Rakuten Inc (T:4755), which rose 8.64% or 99.0 points to...

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Burberry upgrades guidance after strong rebound in sales By Reuters

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LONDON (Reuters) - British luxury group Burberry said on Friday it had seen a strong rebound in sales since December, which it expected to result in profit for the year to March 27 beating market forecasts. In an unscheduled trading update, the company said comparable store retail sales in the final quarter of its financial year were expected to be 28% to...

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12 Март

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Daimler to recall 2.6 million Mercedes-Benz cars in China By Reuters

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BEIJING (Reuters) - German luxury automaker Daimler will recall 2.6 million Mercedes-Benz vehicles in China due to a software design issue, the country's market regulator said on Friday. Software may fail to communicate a vehicle's correct location in the event of a crash, China's State Administration for Market Regulation said in a statement. Daimler declined to comment further on the recall. ...

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12 Март

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Bank boards still not sufficiently tech savvy: Accenture study By Reuters

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By Anna Irrera LONDON (Reuters) - A third of the world's biggest banks still have no board members with professional technology experience, skills needed to help lenders make better decisions as they increase investments on IT, a new study by consultancy Accenture (NYSE:ACN) showed on Friday. Accenture analysed almost 2,000 directors at more than 100 large banks and found only 10% of...

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12 Март

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South Koreans hope to keep late Samsung chief’s $1.8 billion art collection By Reuters

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By Joyce Lee SEOUL (Reuters) - A South Korean art critic was astounded when he saw the private art collection of the late Samsung Electronics (LON:0593xq) chairman, after being asked to value it this year. "The reason many go to the Louvre is to see the Mona Lisa, and the Sistine Chapel, the Creation of Adam. There are valuable masterpieces that can...

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12 Март

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UK watchdog investigating Deloitte audits of Lookers By Reuters

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LONDON (Reuters) - Britain's accounting watchdog said on Friday it had opened an investigation into audits conducted by Deloitte of car dealership operator Lookers. The investigation will look at financial statements for the years ended Dec. 31 2017 and 2018, the Financial Reporting Council said in a statement. Deloitte said it was taking...

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12 Март

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Britain’s JD Sports enters eastern Europe with MIG deal By Reuters

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LONDON (Reuters) - British sportswear retailer JD Sports Fashion has entered markets in central and eastern Europe by agreeing to buy 60% of Poland's Marketing Investment Group (MIG), it said on Friday. JD said last month it was targeting further acquisitions after raising 464 million pounds in an equity issue. MIG, now majority owned by brothers Andrzej and Zbigniew Grząka, operates 410...

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European Stock Futures Lower; Fresh Covid Worries and U.K. GDP Weigh By Investing.com

Deutsche Bank 2020 bonuses jump 29% as bank turns profit By Reuters

Royal Mail to trial Sunday parcel delivery amid increased demand By Investing.com

Japan shares higher at close of trade; Nikkei 225 up 1.73% By Investing.com

Burberry upgrades guidance after strong rebound in sales By Reuters

Daimler to recall 2.6 million Mercedes-Benz cars in China By Reuters

Bank boards still not sufficiently tech savvy: Accenture study By Reuters

South Koreans hope to keep late Samsung chief’s $1.8 billion art collection By Reuters

UK watchdog investigating Deloitte audits of Lookers By Reuters

Britain’s JD Sports enters eastern Europe with MIG deal By Reuters

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