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Global fashion luxury group Capri Holdings Ltd. (CPRI), on Wednesday, announced that Jonathan Akeroyd would step down as Chief Executive Officer of Versace to pursue another opportunity. Akeroyd would remain with Versace through March 31, 2022, and would work with John Idol, Chairman and Chief Executive...

SEB S.A. (0MGS.L, SEBYF.OB) reported an increase in profit, and operating income for the third quarter of 2021. Return on equity was 14.1 percent and a Common Equity Tier 1 capital ratio was 20.2 percent. The Group said the strong financial position allows capital repatriation, as the capital buffer...

Swiss lender Credit Suisse (CS) announced settlements with US, UK and Swiss regulators for legacy issues with regards to Mozambique. The total monetary aspect of the United States Department of Justice or DOJ and Securities and Exchange Commission or SEC settlements, taking into account various credits...

AUTO1.com, Europe's largest wholesale platform for used cars and part of AUTO1 Group SE, said it has expanded its partnership with Volvo. Registered Volvo dealers in Germany can now digitally evaluate trade-ins even more easily via the native AUTO1 EVA app and sell them via AUTO1.com. AUTO1.com said...

Stora Enso (SEOAY.PK), a Finnish pulp and paper manufacturer, reported Wednesday that its third-quarter net profit soared 246.4 percent to 229 million euros from 86 million euros last year. Earnings per share were 0.38 euro, up from 0.11 euro last year. Earnings per share excluding fair valuations...

Rio Tinto Plc. (RTPPF.PK, RIO.L, RIO, RTNTF.PK) unveiled a new target to reduce its Scope 1 & 2 carbon emissions by 50 percent by 2030, more than tripling its previous target. A 15 percent reduction in emissions is now targeted for 2025, five years earlier than previously. The targets are supported...

Nestlé (NSRGY.PK, NSTR.L) said it recorded strong organic growth in the nine months, driven by broad-based contributions from most geographies and categories. Organic growth in sales was 7.6%, with RIG or real internal growth of 6.0% and pricing of 1.6%. Organic growth was 7.1% in developed markets,...

Dutch semiconductor equipment maker ASML Holding N.V. (ASML) Wednesday reported that its net income for the third quarter rose to 1.74 billion euros from last year's 1.06 billion euros, and earnings per share grew to 4.26 euros from 2.53 euros. The group's gross profit came in at 2.7 billion euros,...

Swiss drug major Roche (RHHBY) reported Wednesday that its third-quarter Group sales were 15.97 billion Swiss francs, up from 14.70 billion francs last year. Constant exchange rate sales growth was 8 percent. Pharmaceuticals Division sales were 11.71 billion francs, up 5 percent at constant rates....

Swiss logistics firm Kuehne + Nagel Group (KHNGY) reported Wednesday that its third-quarter earnings climbed 117 percent to 578 million Swiss francs from last year's 266 million francs. EBIT was 789 million francs, up 113 percent from last year, and EBITDA grew 62 percent to 971 million francs. Net...

Canadian National Railway Co. (CNR.TO, CNI) reported that its third-quarter net income climbed to C$1.69 billion or C$2.37 per share from C$985 million or C$1.38 per share in the prior year. Adjusted earnings per share were C$1.52, an increase of 10 percent from the prior year. Revenues were C$3.59...

Deutsche Boerse AG (DBOEY.PK, DBOEF.PK) Tuesday reported that its third-quarter net profit to shareholders rose year-on-year to 300.3 million euros from 227.1 million euros. Earnings per basic share was 1.64 euros, up from 1.24 euros last year. Third-quarter revenues rose 18% to 837.9 million euros...

International Business Machines Corp. (IBM) Tuesday announced plans to acquire the Adobe Workfront consulting unit and assets from Rego Consulting Corp. to further its hybrid cloud and AI strategy. The acquisition of Rego's Adobe Workfront business represents the 17th overall acquisition for IBM...

Vinci SA (VCISY.PK) Tuesday reported nine-months revenues of 35.85 billion euros, up from 16.5% from 30.78 billion euros last year. Concession revenues gained 14.1% to 5.15 billion euros, while Vinci Energies gained 13.4% to 10.87 billion euros. Vinci Construction gained 17.7% to 19.25 billion euros...

Big Lots, Inc. (BIG) said it is partnering with DailyPay, a technology platform that enables employees to access or save their pay as they earn it, without having to wait for a traditional payday. This program will provide Big Lots' store and distribution center associates instant access to earned income....

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