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Wizz Air reports third-quarter loss on higher maintenance costs
Reuters· 2026-01-29 07:09
Core Viewpoint - Wizz Air reported a third-quarter operating loss that met analyst expectations, while also raising its growth forecast due to additional Airbus deliveries and the return of operations [1] Group 1 - The company experienced an operating loss in the third quarter, which was in line with analyst predictions [1] - Wizz Air has recently increased its growth forecast, indicating a positive outlook for future performance [1] - The growth forecast improvement is attributed to the delivery of additional Airbus aircraft and the resumption of operations [1]
France's Maurel & Prom posts annual sales miss on weak oil prices
Reuters· 2026-01-29 06:44
Core Viewpoint - French oil group Maurel & Prom reported weaker than expected full-year sales due to depressed oil prices [1] Company Summary - Maurel & Prom's full-year sales were impacted negatively by lower oil prices, indicating a challenging market environment for the company [1]
Russia's Lukoil agrees to sell international assets to Carlyle
Reuters· 2026-01-29 06:43
Core Viewpoint - Russia's second-largest oil producer, Lukoil, has agreed to sell its foreign asset management unit, LUKOIL International GmbH, to the U.S. private equity firm Carlyle Group [1] Company Summary - Lukoil is a major player in the Russian oil industry, being the second-largest oil producer in the country [1] - The sale involves LUKOIL International GmbH, which is responsible for overseeing Lukoil's foreign assets [1] Industry Summary - The transaction highlights ongoing trends in the oil and gas sector, particularly the involvement of private equity firms in acquiring foreign assets from major oil producers [1]
ING ends 2025 with quarterly profit beat, sees strong 2026 and 2027
Reuters· 2026-01-29 06:42
International bank ING Groep beat quarterly profit expectations on Thursday, boosted by strong interest and fee income for the last three months of 2025. ...
Sanofi targets high single digit sales growth in 2026, plans share buyback
Reuters· 2026-01-29 06:33
Core Viewpoint - French drugmaker Sanofi expects sales to grow by a high-single-digit percentage in 2026, driven by strong demand for its asthma drug Dupixent and newer medicines [1] Sales Growth Expectations - Sanofi anticipates a high-single-digit percentage increase in sales for the year 2026 [1] Key Products Driving Growth - The growth is primarily attributed to the strong demand for Dupixent, a blockbuster asthma drug, along with contributions from some newer medicines [1]
Airbus expects India to have 2,250 commercial jets in service over next 10 years
Reuters· 2026-01-29 06:21
Core Viewpoint - Airbus anticipates that airlines in India will operate 2,250 commercial jets over the next decade, fueled by strong economic growth, a growing middle class, and an increase in first-time flyers [1] Group 1: Market Growth - The Indian airline market is expected to see significant expansion, with the projected number of commercial jets indicating robust demand [1] - Economic resilience in India is a key driver for this growth, suggesting a favorable environment for airline operations [1] Group 2: Demographic Factors - The expanding middle class in India is contributing to increased air travel, which is essential for the growth of the aviation sector [1] - A surge in first-time flyers is also expected to boost demand for commercial jets, highlighting a shift in consumer behavior towards air travel [1]
Roche sees high single-digit earnings growth in 2026
Reuters· 2026-01-29 06:09
Group 1 - The company expects 2026 group sales to grow in the mid single-digit percentage range [1] - The company is targeting core earnings per share growth in the high single-digit range [1]
ABB gives confident outlook for 2026
Reuters· 2026-01-29 05:59
ABB reported fourth quarter earnings slightly ahead of forecasts on Thursday as the Swiss engineering group said it was confident about the outlook for 2026. ...
Deutsche Bank exceeds profit expectations a day after police search
Reuters· 2026-01-29 05:59
Deutsche Bank on Thursday posted its largest annual profit since 2007 after a stronger-than-expected fourth quarter, a day after police searched the bank in an alleged money-laundering probe. ...
Nvidia CEO says H200 licence for China is being finalised
Reuters· 2026-01-29 05:54
Core Insights - Nvidia's CEO Jensen Huang expressed optimism regarding the potential approval for the sale of its H200 artificial intelligence chip in China, indicating that the licensing process is nearing completion [1] Company Summary - Nvidia is actively seeking to expand its market presence in China by obtaining the necessary licenses to sell its advanced H200 AI chip [1]