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Strong sugar prices help Tereos offset high production costs
December 22, 2022December 16, 2022 fomancorg

Strong sugar prices help Tereos offset high production costs

Business

French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol

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Pilots at rivals call Delta’s pay offer a new ‘benchmark’
December 21, 2022December 16, 2022 fomancorg

Pilots at rivals call Delta’s pay offer a new ‘benchmark’

Business

Delta Air Lines’ (DAL.N) offer to give pilots a 34% cumulative pay increase in a new four-year contract has boosted hopes of similar raises at

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Deutsche bank, Rabobank hit with EU antitrust charge over bond cartel
December 20, 2022December 16, 2022 fomancorg

Deutsche bank, Rabobank hit with EU antitrust charge over bond cartel

Business

Deutsche Bank (DBKGn.DE) and Rabobank (RABO.UL) were charged by EU antitrust regulators on Tuesday of taking part in a government bond cartel, the latest move

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Russia’s car sales slump continues, down 61.6% y/y in November
December 19, 2022December 16, 2022 fomancorg

Russia’s car sales slump continues, down 61.6% y/y in November

Business

Russia’s automobile market slump extended into November, the Association of European Businesses (AEB) said on Tuesday, with sales of new cars down 61.6% year-on-year, as

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Airlines warn of higher fares from green transition
December 18, 2022December 16, 2022 fomancorg

Airlines warn of higher fares from green transition

Business

Airline passengers face higher ticket prices as the industry moves towards its target of reducing emissions to net zero by 2050, the head of a

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UK watchdog moots tougher checks on financial marketing
December 17, 2022December 16, 2022 fomancorg

UK watchdog moots tougher checks on financial marketing

Business

Britain’s financial watchdog on Tuesday proposed tougher rules for approving financial promotions after a sharp rise in misleading marketing online. Currently, marketing information can be

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ECB to hike again but “very close” to neutral rates – Herodotou
December 16, 2022 fomancorg

ECB to hike again but “very close” to neutral rates – Herodotou

Business

European Central Bank interest rates will go up again but are now “very near” their neutral level, ECB policymaker Constantinos Herodotou said on Tuesday. “We

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