By Matthias Inverardi, Tom Sims and Amir Orusov(Reuters) - DHL announced plans on Thursday to cut about 8,000 jobs in Germany this year as part of a strategy to save more than 1 billion euros ($1.08 billion) by 2027, after the logistics group reported a 7% fall in annual operating profit.Shares jumped by around 10% to their highest in three years by 1026 GMTThe Verdi union criticised the planned j ...
Investing.com -- Shares of Elis Services SA (EPA:ELIS) jumped more than 5% on Thursday following its full-year 2024 results, which came in line with analyst expectations and company guidance. The French textile and hygiene services provider reported revenue of €4.57 billion, reflecting an organic growth rate of 5.2%. EBITDA rose by 9% year-over-year to €1.61 billion, maintaining a ...
Investing.com - European stock markets mostly fell Thursday ahead of a key European Central Bank meeting, handing back early gains as weak retail sales data pointed to regional economic weakness.At 06:10 ET (11:10 GMT), the DAX index in Germany traded largely flat, while the CAC 40 in France fell 0.7% and the FTSE 100 in the UK slipped 1.2%. ECB set to cut The main investors focus Thursd ...
By Helen CosterNEW YORK (Reuters) - Chanting “Elon Musk has got to go” into a pink bullhorn, Carolanne Fry led about 350 demonstrators in a noisy march outside a Tesla (NASDAQ:TSLA) electric vehicle dealership in Portland, Oregon, this week.Fry, 38, a public employee and registered Democrat, is among hundreds of organizers in an emerging grassroots movement to protest Musk’s role in sweeping ...