Edition:
India

Sarah Morland

Altice Europe beats forecasts boosted by customer wins

20 Nov 2020

Telecoms and cable group Altice Europe beat quarterly core profit forecasts on Thursday, as it added French mobile and residential fibre customers, offsetting lower media revenues.

UPDATE 2-Altice Europe beats forecasts boosted by customer wins

20 Nov 2020

Nov 19 Telecoms and cable group Altice Europe beat quarterly core profit forecasts on Thursday, as it added French mobile and residential fibre customers, offsetting lower media revenues.

CORRECTED-UPDATE 2-Iliad extends subscriber gains in solid third-quarter

17 Nov 2020

Nov 17 Iliad SA added a record number of users to its French fiber broadband network in the third quarter in a boost to sales, and said it expected a less severe slowdown under a second wave of lockdowns.

Westfield owner Unibail rethinks funding after rights issue blocked

10 Nov 2020

Mall owner Unibail-Rodamco-Westfield will seek new ways to manage its heavy debt after shareholders rejected a 3.5 billion euro ($4.15 billion) rights issue under pressure from activist investors.

UPDATE 4-Westfield owner Unibail rethinks funding after rights issue blocked

10 Nov 2020

* Shares top France's blue-chip CAC 40 and European STOXX 600 (Adds detail, analyst comment, milestones)

UPDATE 2-Capgemini shares advance on better-than-expected Q3 growth

27 Oct 2020

* Shares rise 6% and top French indices (Updates shares, adds CEO's comment)

Shareholder revolt over rights issue at Unibail-Rodamco-Westfield lifts shares

15 Oct 2020

French billionaire Xavier Niel has teamed up with Unibail-Rodamco-Westfield's former boss to oppose the shopping mall group's planned 3.5 billion euro ($4.10 billion) rights issue, lifting the shares on Thursday.

TomTom auto recovery drives earnings beat, lifts shares

14 Oct 2020

Shares in Dutch mapping and navigation company TomTom jumped as much as 6% on Wednesday after it reported quarterly results ahead of analysts' forecasts, boosted by strong automotive sales in a recovering industry.

UPDATE 2-Iliad's spending outlook sinks shares despite strong first-half

03 Sep 2020

Sept 3 Shares in French telecoms operator Iliad fell on Thursday, as the group's forecast for heavy investments in its network offset a strong first-half boosted by subscriber gains.

Lockdown cocktails soften virus blow for Remy Cointreau

21 Jul 2020

First-half earnings at Remy Cointreau will fall less than feared as a rise in cocktail drinking at home helps to offset a collapse in demand from travel retail and events in the coronavirus pandemic, the premium spirits maker said on Monday.

World News

Brexit negotiations restart in person as clock ticks down

Face-to-face negotiations between Britain and the European Union over a trade deal restarted earlier on Saturday as the two sides make a last ditch attempt to reach an agreement with just five weeks to go before their current relationship ends.