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2 weeks ago | 
zawya.com | Alexander Hübner |Paolo Laudani |Matthias Williams
Reuters - German defence electronics maker Hensoldt plans to divest its optronic subsidiary in South Africa, a source familiar with the matter told Reuters on Friday. The source said that the firm is in talks with around twenty parties for the transaction to divest the subsidiary, which generates around 15 million euros ($17.02 million) but operates at a loss. Hensoldt, which produces radar and high precision optics used in aircraft, ships and tanks, declined to comment.
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3 weeks ago | 
msn.com | Isabel Demetz |Paolo Laudani
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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3 weeks ago | 
reuters.com | Isabel Demetz |Paolo Laudani
May 14 (Reuters) - Growing military spending in Europe drove double-digit sales growth for Rheinmetall suppliers Renk (R3NK.DE), opens new tab and Steyr Motors (4X0.VI), opens new tab in the first quarter and filled out their order books for coming quarters. Their bloated order pipelines are similar to many defence sector peers that have been reporting solid results while flagging rising backlogs, as European governments scramble to increase defence budgets after decades of under-investment.
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1 month ago | 
today.westlaw.com | Jacqueline Wong |Paolo Laudani |Christopher Cushing |Paul Arnold
(Reuters) -Zurich Insurance reported higher first-quarter revenue and gross written premiums at its core property and casualty (P&C) business on Thursday, maintaining its targets despite instability in the crucial U.S. market.
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1 month ago | 
businesslive.co.za | Danilo Masoni |Nathan Vifflin |Paolo Laudani |Akash Sriram
Bengaluru — Global technology stocks rose on Monday after the US exempted electronics such as smartphones and computer hardware from its steep reciprocal tariffs on China, offering some relief to a sector battered by supply-chain uncertainty. Big Tech shares have slumped in the past two weeks as tit-for-tat tariffs between Washington and Beijing stoked fears of higher component costs, softer consumer demand and the worst supply-chain disruption since the Covid-19 pandemic.
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1 month ago | 
kfgo.com | Paolo Laudani |Isabel Demetz
By Paolo Laudani and Isabel Demetz(Reuters) – Barry Callebaut is planning to increase its U.S.-based production to fend off effects of the “disruptive environment” in North America and stay close to its customers, the Swiss chocolate maker’s chief executive said on Thursday. “We have one … facility that we will scale out to about 100,000 tons in the United States that will allow us to actually serve customers better also in the U.S.,” CEO Peter Feld said during a post-earnings call with analysts.
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1 month ago | 
investing.com | Paolo Laudani |Isabel Demetz
© Reuters. FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company's annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo By Paolo Laudani and Isabel Demetz (Reuters) - Barry Callebaut is planning to increase its U.S.-based production to fend off effects of the "disruptive environment" in North America and stay close to its customers, the Swiss chocolate maker's chief executive said on Thursday.
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1 month ago | 
gurutrade.com | Paolo Laudani |Isabel Demetz |Milla Nissi
April 10 (Reuters) - Swiss chocolate maker Barry Callebaut lowered its annual sales volume guidance on Thursday due to what it called "unprecedented volatility" in cocoa bean prices, sending its shares falling almost 20%, on track for their biggest one-day drop ever.
The world's largest chocolatier, which supplies key food producers such as KitKat maker Nestle, forecast a mid-single-digit percentage decrease in its cocoa sales volume for the financial year ending on August 31.
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1 month ago | 
in.marketscreener.com | Paolo Laudani |Isabel Demetz
(Reuters) - Swiss chocolate maker Barry Callebaut lowered its annual sales volume guidance on Thursday due to what it called "unprecedented volatility" in cocoa bean prices, sending its shares falling almost 20%, on track for their biggest one-day drop ever. The world's largest chocolatier, which supplies key food producers such as KitKat maker Nestle, forecast a mid-single-digit percentage decrease in its cocoa sales volume for the financial year ending on August 31.
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2 months ago | 
msn.com | Klaus Lauer |Elizaveta Gladun |Paolo Laudani
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
