Results Forecasts / Warnings

Ferrari trims full-year outlook after second-quarter earnings skid

Ferrari trims full-year outlook after second-quarter earnings skid

Published 03/08/2020

MILAN (Reuters) - Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions [more…]

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Published 27/07/2020

BERLIN (Reuters) - SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as [more…]

Huawei cuts India revenue target by up to 50%, laying off staff: ET

Huawei cuts India revenue target by up to 50%, laying off staff: ET

Published 27/07/2020

(Reuters) - Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more [more…]

Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties – sources

Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties – sources

Published 20/07/2020

HONG KONG (Reuters) - Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt [more…]

EU leaders show first signs of compromise on stimulus plan

EU leaders show first signs of compromise on stimulus plan

Published 20/07/2020

BRUSSELS (Reuters) - Signs emerged that leaders of northern European Union countries were willing to compromise on a 1.8 trillion euro ($2 trillion) coronavirus stimulus [more…]

Polish industrial output rises by 0.5% y/y in June, above forecast

Polish industrial output rises by 0.5% y/y in June, above forecast

Published 20/07/2020

GDANSK/WARSAW (Reuters) - Poland’s industrial output PLIPY=ECI rose by 0.5% in June, better than the 6.9% decline forecast by analysts, who said the statistic office [more…]

Afghan all-girls robotics team designs low-cost ventilator to treat coronavirus patients

Afghan all-girls robotics team designs low-cost ventilator to treat coronavirus patients

Published 20/07/2020

HERAT (Reuters) - In the eastern Afghan city of Herat, 18-year-old high school student Somaya Faruqi adjusts a suction cap as she puts the finishing [more…]

German parliamentary committee to discuss Wirecard scandal next week: lawmaker

German parliamentary committee to discuss Wirecard scandal next week: lawmaker

Published 20/07/2020

BERLIN (Reuters) - The German parliament’s financial committee will hold an extraordinary meeting on the Wirecard (WDIG.DE) scandal on Wednesday next week and Finance Minister [more…]

Euro, euro zone bond markets hold out hope for recovery fund, stocks cautious

Euro, euro zone bond markets hold out hope for recovery fund, stocks cautious

Published 20/07/2020

LONDON (Reuters) - The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for [more…]

Ebay nears deal to sell classified-ads unit to Norway’s Adevinta: WSJ

Ebay nears deal to sell classified-ads unit to Norway’s Adevinta: WSJ

Published 20/07/2020

(Reuters) - EBay Inc (EBAY.O) is in advanced talks to sell its classified-ads unit to Norwegian group Adevinta ADEV.OL as the online auction pioneer seeks [more…]