Town Hall News

By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion in the Asia-Pacific region offset by greater resilience among beer drinkers in Europe. The world’s second-largest brewer expects its operating profit this year to increase by a mid- to high- single-digit percentage. “We see signals of a relatively resilient Europe and risks of slower economic growth in Asia Pacific, thus […]

By Toby Sterling AMSTERDAM (Reuters) – ASML Holding NV, a key supplier to computer chip makers, reported better than expected first-quarter earnings on Wednesday despite signs of weakness in chip markets. The report showing healthy earnings at Europe’s largest technology company follows news that customers including Samsung will cut production because of a downturn in semiconductor demand, while memory chip manufacturers SK Hynix and Micron have cut spending plans. ASML […]

By Mahamat Ramadane N’DJAMENA (Reuters) – With the midday sun high over Chad’s capital N’Djamena, Alhadj Barh embraced his wife for the first time in more than two years. It marked a new start for a man who, until earlier that day, had been in jail for fighting in a rebel army accused of killing the president. In an apparent peace gesture, Chad’s interim president Mahamat Idriss Deby in March […]

By Toby Sterling AMSTERDAM (Reuters) – ASML Holding NV, a key supplier to computer chip makers, reported better than expected first-quarter earnings on Wednesday despite signs of weakness in chip markets. The report showing healthy earnings at Europe’s largest technology company follows news that customers including Samsung will cut production because of a downturn in semiconductor demand, while memory chip manufacturers SK Hynix and Micron have cut spending plans. ASML […]

(Reuters) – Germany’s EVG union announced on Wednesday a nationwide transport strike for Friday, with national rail operator Deutsche Bahn among the companies impacted. The strike will affect 50 companies and run from 3 am (0100 GMT) until 11 am (0900 GMT), the railway and transport union said. Commuters should be prepared for delays and cancellations, it warned. High inflation in Europe’s largest economy has prompted a wave of strikes […]

LONDON (Reuters) – Glencore has told Teck Resources’ shareholders it is willing to improve its $22.5 billion takeover offer, raising the pressure on the Canadian miner to ditch a restructuring plan and sit down at the negotiating table. In an open letter on Wednesday, Glencore said it would consider taking the offer to Teck’s shareholders directly if the board failed to engage. The Swiss miner and trading company made its […]

LONDON (Reuters) – Glencore has told Teck Resources’ shareholders it is willing to improve its $22.5 billion takeover offer, raising the pressure on the Canadian miner to ditch a restructuring plan and sit down at the negotiating table. In an open letter on Wednesday, Glencore said it would consider taking the offer to Teck’s shareholders directly if the board failed to engage. The Swiss miner and trading company made its […]

By Panu Wongcha-um PATHUM THANI, Thailand (Reuters) – Chonthicha “Lookkate” Jangrew is going door-to-door asking people to vote for her in Thailand’s May 14 election even though she faces possible jail time on charges of sedition and defaming the king during unprecedented protests in 2020. The 30-year-old is one of more than a dozen activists from a student-led protest movement who are taking their once-taboo cause from the streets to […]

(Reuters) -French cloud services provider OVHcloud on Wednesday trimmed its forecast for full-year revenue growth, citing the macroeconomic context and delays in certain projects. The company now sees organic revenue growth between 13% and 14% in 2023, against a previous outlook of growth in range of 14%-16%. The new revenue forecast “includes… recent developments in demand which in the short term reflect a delay in certain migration projects to the […]