EUR news Page 8

File picture of a paper mill
Mondi shares up after releasing stable first-half results

Higher sales volumes and average selling prices contributed to a strong first-half performance

Angela Barnes
Hannover Re HQ
Hannover Re says profitability back at pre-pandemic level

The German reinsurance firm reported operating profit of €956.1m

Jenni Reid
Nivea creme tub
Beiersdorf beats pre-coronavirus results in H1

Skincare manufacturer Beiersdorf reports boost in sales for first half of 2021

Dan Moore
Siemens logo on building
Siemens raises guidance again following Q3 results

Siemens has raised its profit forecast to up to €6.4bn for the third time in a year

Dan Moore
Car factory
German factory orders climb on robust domestic demand

Demand for manufactured items from within Germany and the eurozone climbs as capital goods orders surge

Neil Dennis
Adidas store in China
Adidas profit rises as summer of sport gives brand a sales boost

Adidas raises its full year outlook but suffers sharp decline in share price as investors take profits

Jenny McCall

Infineon logo and company name
Coronavirus boosts Infineon’s growth in Q3 to €2.7bn

Semiconductor manufacturer Infineon Technologies reports marginal quarterly revenue rise

Dan Moore
A BMW car
BMW raises full-year profit guidance

German carmaker BMW reports strong profit growth despite semiconductor shortage and COVID-19 challenges

Jenny McCall
Société Générale logo in front of office building
Société Générale swings to profit on strong revenue increase

The French group reported double-digit growth in revenues and significantly lower risk costs

Andrei Chirileasa
Inflation growth chart
Eurozone inflation passes ECB’s 2% target rate

Higher energy prices drive the headline consumer price index annual inflation rate to 2.2% in July

Neil Dennis
Global chip shortage no match for Renault as it reports profit

Carmaker Renault has reported growth despite a global chip shortage

Jenny McCall
Hermès store
Hermès reports 'exceptional' performance as sales soar

Luxury fashion retailer Hermes records a 77% revenue increase after stores reopen

Jenny McCall
Volkswagen races ahead with strong first-half results

Volkswagen Group showed strong first half results and raised full year outlook.

Jenny McCall
British pound gaining ground as COVID-19 cases dip in UK

GBP/USD, GBP/EUR edged higher as the UK COVID-19 cases dropped for the fifth day in a row.

Jekaterina Drozdovica
A corporate sign bears the name and logo of the European Central Bank
ECB’s new guidance sets higher bar for interest rate hike

Economists argue that the new inflation target may be a “gargantuan” task for ECB

Jekaterina Drozdovica

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