INTESA SANPAOLO CEO: BANK’S PAYOUT RATIO CANNOT RISE FURTHER, IT…
The CEO of INTESA SANPAOLO: THE BANK'S PAYOUT RATIO CANNOT BE HIGHER, IT IS ALREADY AMONG THE HIGHEST IN EUROPE
Reuters 2023
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TotalEnergies raises by 15% bonus budget for some key French staff
PARIS (Reuters) - French oil giant TotalEnergies said on Thursday it would raise by 15% the budget allocated to bonuses for some of its staff in France in light of its 2022 results. .
The…
Household water bills in England and Wales to rise by 7.5% from April
(Alliance News) - Households in England and Wales will see the biggest rise in their water bills in almost 20 years from April when they rise to an average of GBP448 a year.
Industry body Water UK said the 7.5% rise would see customers…
Shell 4Q Net Profit Boosted by Higher LNG, Deferred Taxes — Energy Comment
Shell PLC on Thursday reported a 54% increase in net profit for the fourth quarter compared to the previous quarter, which it attributed to higher liquefied natural gas trading and optimization results, favorable deferred tax…
India’s largest mortgage lender HDFC misses Q3 profit view on higher funding costs
Demand for housing remained strong in India despite interest rate hikes last year, as a growing middle class buys real estate. An increase in financing costs, however, compressed net interest margin and net interest income.…
India’s L&T profit misses as infrastructure growth eases
BENGALURU, Jan 30 (Reuters) - India's Larsen & Toubro reported a smaller-than-expected rise in quarterly profit on Monday, as moderate growth in order inflows hurt the infrastructure company.
L&T's consolidated net…
SEB profit climbs on strong interest income, raises dividend
Rising inflation, partly due to the energy crisis stemming from the war in Ukraine, has seen central banks raise rates, boosting banks' interest income while the financial pressure on households and businesses has yet to translate into…
India’s Axis Bank third-quarter profit jumps
Net profit rose to 58.53 billion Indian rupees ($719.53 million) in the three months ended Dec. 31 from 36.14 billion rupees a year earlier, Mumbai-based Axis Bank said in an exchange filing. .
Analysts on average had…
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…
Chapel Down sales up 10% in 2022 amid focus on premium sparkling wine
(Alliance News) - Chapel Down Group PLC on Monday reported a 10% increase in net sales revenue last year, which it credited to its increased focus on sparkling wine and the -premiumisation strategy.
The Tenterden, Kent-based winemaker…