David Goodman

1 month ago | gurutrade.com | Javi West Larrañaga |Marleen Kaesebier |David Goodman

May 20 (Reuters) - The outlook for European corporate health has improved, the latest earnings forecasts showed on Tuesday. European companies are expected to report a rise of 2.3% in first-quarter earnings, on average, according to LSEG I/B/E/S data. That exceeds the 1.9% increase analysts had expected a week ago. Some 60.1% of the 271 STOXX 600 companies have already posted first-quarter earnings that beat analysts' expectations.

Mar 6, 2025 | gurutrade.com | Richa Naidu |David Goodman |Jan Harvey

LONDON, March 6 (Reuters) - Reckitt, the maker of Dettol cleaning products and Strepsils throat lozenges, on Thursday missed expectations for fourth-quarter like-for-like net sales as a late flu and cold season dented demand for its over-the-counter medicines. The British company said it expects full-year like-for-like net sales growth of between 2% and 4%, and that it has so far this year seen a boost from sales in emerging markets such as India and China.

Feb 17, 2025 | gurutrade.com | Anna Koper |David Goodman

WARSAW, Feb 17 (Reuters) - Microsoft plans to invest an additional 700 million dollars in Poland to improve Polish cybersecurity in cooperation with the country's armed forces, the company's president said on Monday without elaborating. In a joint press conference with Polish Prime Minister Donald Tusk, Microsoft President Smith said the investment would be for a second phase of the already completed $1 billion Polish data centre project announced in 2020.

Feb 14, 2025 | gurutrade.com | Daksh Grover |David Goodman

Trump outlines reciprocal tariff plan Gold hit record high of $2,942.70 on Tuesday All precious metals set for weekly gains High prices curb Indian retail demand for gold Feb 14 (Reuters) - Gold prices rose on Friday and were on tack for a seventh consecutive weekly gain as worries over a potential global trade war intensified after U.S. President Donald Trump's push for reciprocal tariffs. Spot gold was up 0.3% at $2,936.79 an ounce by 0828 GMT, taking its weekly advance to 2.7%.

Feb 13, 2025 | gurutrade.com | Essi Lehto |Terje Solsvik |David Goodman

COPENHAGEN, Feb 13 (Reuters) - French energy regulator CRE has fined Norway's Equinor and its trading arm Danske Commodities a total of 12 million euros ($12.5 million) for violation of wholesale gas market rules. Equinor and Danske, which were fined 4 million euros and 8 million euros respectively, will appeal against the ruling, the Norwegian group said.