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UK employers plan 5% pay rises, many resort to counteroffers: CIPD

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

LONDON (Reuters) – British employers expect to raise pay by 5% over the coming year and are increasingly making counteroffers to..

Lloyd’s of London insurer Hiscox profit spikes on premium rise

Lloyd’s of London insurer Hiscox profit spikes on premium rise

LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares ..

Bottler Coca-Cola HBC lifts sales outlook

Bottler Coca-Cola HBC lifts sales outlook

(Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices despite a dip in ..

Germany’s Delivery Hero hikes 2023 revenue guidance

Germany’s Delivery Hero hikes 2023 revenue guidance

(Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook, after it swung to a pr..

Greek EU-harmonised inflation rises to 3.5% y/y in July

Greek EU-harmonised inflation rises to 3.5% y/y in July

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesda..

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record low this year as a result of rising global temperat..

Fund manager abrdn’s assets hit by market volatility, shares dive

Fund manager abrdn’s assets hit by market volatility, shares dive

(Reuters) -Fund manager abrdn’s shares fell nearly 9% on Tuesday after it reported a drop in assets under management in the firs..

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

(Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of consoles such as Sony’..

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

(Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in half-year profit..

Germany’s Fraport sees earnings boost on higher passenger volumes

Germany’s Fraport sees earnings boost on higher passenger volumes

(Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earni..