ZURICH – Adecco expects “solid revenue growth” at the start of 2022, the temporary staffing and training company said on Thursday, after reporting a 2% increase in revenues during its …
2021
-
-
PARIS -Axa reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The …
-
MADRID – Spanish pharmaceutical group Rovi raised its 2022 revenue guidance as it posted a 151% jump in annual net profit on Wednesday, citing strong growth in contract manufacturing and …
-
U.S. home prices soared to a record high in 2021 as low mortgage rates fueled buyers to rush into a market with ultra-low inventory, according to a home price index. …
-
PARIS – Carrefour shares opened 2.8% higher on Thursday as investors cheered record cash generation in 2021 and a confident outlook for 2022, reflected in a new share buyback plan …
-
By Alexandra Valencia QUITO – Ecuador’s mining exports in 2021 nearly doubled in value from the previous year to $2.09 billion, beating government expectations, the Ministry of Energy said on …
-
DUBAI – Saudi sovereign wealth fund PIF held nearly $56 billion worth of U.S.-listed stocks as of December last year, up from $43.4 billion at the end of September, boosted …
-
By Sarah N. Lynch WASHINGTON – U.S. federal judges were the target of more than 4,500 threats and other inappropriate communications last year, the head of the U.S. Marshals Service …
-
MILAN – Italian fashion company OTB said on Thursday that last year’s 16% rise in revenue to pre-pandemic levels would boost its organic growth plans after the group bought German …
-
By Jonnelle Marte – U.S. consumer debt loads grew in 2021 by the largest amount in 14 years as people ramped up borrowing to afford homes, cars and other goods …
-
The U.S. trade deficit continued to grow in December as the import-export gap widened to record highs in 2021, the Census Bureau reported Tuesday. The trade deficit grew by 1.8% …
-
DUBAI – Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes, though growth rates moderated in the fourth quarter which the Dubai state company said …
-
NEW YORK -Bank of America Corp Chief Executive Brian Moynihan’s total compensation for 2021 rose by $7.5 million, or more than 30%, a regulatory filing showed on Friday. Moynihan will …
-
ZURICH – Swisscom named Christoph Aeschlimann as new chief executive on Thursday to succeed Urs Schaeppi when he steps down on June 1 after nine years in the post, the …
-
By Timothy Aeppel – More robots joined the U.S. workforce last year than ever before, taking on jobs from plucking bottles and cans off conveyor belts at trash recycling plants …
-
By David Shepardson WASHINGTON – U.S. auto safety regulators on Tuesday said traffic deaths rose 12% in the first nine months of 2021 to 31,720 – the highest number killed …
-
COLUMBUS, OH – Police in Columbus are not giving up the search to find the killers of 17-year-old Makenzi Ridley last June. Columbus Police Homicide Detectives are hoping to identify …
-
By Joyce Lee and Heekyong Yang SEOUL -South Korean steelmaker POSCO’s operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher …
-
The U.S. economy grew at a faster rate than was anticipated pace in the fourth quarter of 2021, benefiting from solid consumer demand before the slowdown caused by the Omicron …
-
MILAN – Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels. The leather goods …
-
BEIJING – Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday. The airline expects to …
-
HONG KONG -Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority …
-
By Victoria Klesty OSLO -Norway’s sovereign wealth fund, the world’s largest, earned a return on investment of 1.58 trillion Norwegian crowns ($177 billion) last year, the second highest on record, …
-
By Jeanny Kao and Meg Shen TAIPEI -Taiwan’s economy grew last year at its fastest pace in more than a decade, driven by strong tech exports during the COVID-19 pandemic …
-
BOSTON – Activist investment firm Legion Partners, which last year was part of a group that settled for three board seats at retailer Kohl’s Corp, told clients that its fund …