Elaine Hardcastle

6 days ago | gurutrade.com | Sergio Goncalves |Inti Landauro |Elaine Hardcastle

LISBON, May 8 (Reuters) - EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday its first-quarter net profit fell 24%, despite a solid revenue increase, as it did not make any capital gains in the period unlike a year earlier. The renewables arm of Portugal's EDP said net profit fell to 52 million euros ($58.78 million), slightly below the 54.8 million euro average forecast by analysts polled by LSEG.

1 week ago | today.westlaw.com | Amy-Jo Crowley |Elaine Hardcastle |Milana Vinn

LONDON (Reuters) -Private equity firm Apax Partners has emerged as the frontrunner to buy Finastra's treasury and capital markets (TCM) business for around $2 billion including debt, people familiar with the matter said on Friday.

1 month ago | gurutrade.com | Matt Scuffham |Elaine Hardcastle

MILAN, April 10 (Reuters) - Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss. The merger strengthens Italy's hand in a luxury industry led by French conglomerates.

1 month ago | gurutrade.com | Sfundo Parakozov |Alexander Winning |Elaine Hardcastle

JOHANNESBURG, April 4 (Reuters) - The rand fell further on Friday as investors worried about the impact of U.S. President Donald Trump's sweeping tariffs and the future of South Africa's coalition government. At 0840 GMT, the rand traded at 19.1225 against the dollar , down about 2% on Thursday's closing level and its weakest since mid-January. The South African currency has fallen more than 3% against the dollar this week, with bigger losses against currencies like the euro and pound.

1 month ago | gurutrade.com | Toby Sterling |Nathan Vifflin |Alexandra Hudson |Elaine Hardcastle

Industry groups urge focus on design, materials, and equipment First Chips Act criticized for slow EU approval process Nine EU countries form coalition to boost chip industry Subsidies needed for suppliers to enhance fab ecosystem, MEP says AMSTERDAM, March 19 (Reuters) - Computer chip makers and semiconductor supply chain firms called on the European Commission to launch a follow up to the 2023 Chips Act on Wednesday, this time focusing on chip design, materials and equipment, in addition to...