Sarah Jacob
Amsterdam Bureau Reporter at Bloomberg News
Amsterdam bureau reporter @business. RTs are not endorsements. Views are my own.
Articles
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1 week ago |
news.bloombergtax.com | Sarah Jacob
Royal Philips NV lowered its profitability outlook for the year due to the cost of dealing with rising trade hurdles. The Dutch medical-technology firm now sees an adjusted operating earnings margin of 10.8% to 11.3%, a reduction of 100 basis points, it said Tuesday. The new forecast includes an estimated net tariff impact of as much as €300 million ($340 million).
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1 week ago |
bloomberg.com | Sarah Jacob
(Bloomberg) -- Royal Philips NV lowered its profitability outlook for the year due to the cost of dealing with rising trade hurdles. The Dutch medical-technology firm now sees an adjusted operating earnings margin of 10.8% to 11.3%, a reduction of 100 basis points, it said Tuesday. The new forecast includes an estimated net tariff impact of as much as €300 million ($340 million).
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1 week ago |
bloomberg.com | Sarah Jacob
A Sudanese resident walks past destroyed military vehicles in front of a hospital in Khartoum on April 28. (Bloomberg) -- The top United Nations court said it lacks the jurisdiction to decide on a case brought by Sudan against the United Arab Emirates over genocide allegations in the North African country’s civil war.
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1 week ago |
news.bloomberglaw.com | Sarah Jacob
ING Groep NV announced a fresh buyback of €2 billion while giving itself more time to draw down capital. “Macroeconomic and geopolitical circumstances remain uncertain and, taking this into account, we now expect a CET1 ratio by year-end 2025 of between 12.8-13.0%,” the lender said in a statement on Friday, referring to a key regulatory metric of capital strength. The previous guidance was for about 12.5%.
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1 week ago |
news.bloombergtax.com | Sarah Jacob
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RT @mackhawk: News: Dutch equipment giant ASML reported lower-than-expected orders, citing chip sector weakness in the quarter before US ta…
ING Groep has agreed to acquire a minority stake in Dutch private bank Van Lanschot Kempen in a bid to expand its position in wealth management https://t.co/F6dBpkjuwh via @business
The Global Matcha Boom Is Driving a Shortage in Japan https://t.co/BY3k6WSWzY