India taking steps to ensure adequate power supply during summer
India takes steps to ensure adequate power supply during summer
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a sharp rise
Heathrow Airport swings to 2022 pretax profit after ‘year of recovery’
(Alliance News) - Heathrow Airport on Thursday reported a sharp reduction in its underlying loss in 2022 amid a rebound in travel demand, but said the results were weighed down by increasing cost pressures and lower passenger numbers.
The…
Mondi 2022 profit beats expectations but outlook uncertain
(Alliance News) - Mondi PLC on Thursday announced an increase in profit in 2022 that exceeded analysts' expectations, while warning about 2023.
The Weybridge, England-based paper and packaging firm reported a pre-tax profit of EUR1.56…
India invokes emergency law to force some coal-based power plants to up output
NEW DELHI, Feb 20 (Reuters) - India on Monday invoked an emergency law to force power plants that run on imported coal to maximize output ahead of an expected record increase in energy use this year. -summer.
A notice issued…
Bank of Georgia profit jumps in 2022 amid burgeoning Georgian economy
(Alliance News) - The Bank of Georgia Group PLC on Thursday reported a strong increase in pre-tax profit during 2022, as Georgia's economy grew rapidly, boosted by migration and the relocation of capital.
The Tbilisi-based lender said…
UK’s Bellway, Redrow flag tough housing market despite recent pickup in activity
The rise in interest rates and the poor mini-budget in September led the British housing sector to a marked decline amid uncertainties over the wider economy.
Bellway, which builds everything from one-bedroom apartments to…
Shell Joins US Oil Majors in Posting Record 2022 Profit
By Jenny Strasburg
LONDON--Shell PLC became the latest oil giant to post a record annual profit last year, joining its U.S. peers in rebounding from early pandemic losses on ever-increasing energy prices rise…
Paxlovid sales forecasts may change with Pfizer view on China
China was an insignificant market for Paxlovid before the strict infection control policy was lifted, but Pfizer CEO Albert Bourla said the company has since distributed millions of treatment courses. of Paxlovid there through an agreement…
Personal Group expects 2022 revenue growth as insurance income climbs
(Alliance News) - Personal Group PLC on Monday said it expected its revenue in 2022 to grow compared to 2021, helped by growth in annualized insurance premium income and an increase in annual recurring income. of the benefits platform.…
India’s Axis Bank profit beats view on strong interest income
BENGALURU, Jan 23 (Reuters) - Indian private lender Axis Bank Ltd on Monday reported a stronger-than-expected 62% jump in quarterly profit, as a rise in interest income exceeded an increase in provisions for bad loans.
Demand…