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TheWallStreetJournal

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French Business Morale Hit Following Strikes

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Confidence among manufacturers in France weakened in April for the second consecutive month, with expectations for production and orders worsening following a series of strikes in protest of pension reforms.

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Rentokil Backs Guidance After Strong Start to Year

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Rentokil Initial reiterated its full year expectations after first quarter revenue rose to £1.2 billion, supported by M&A and resilient demand and pricing which offset inflationary pressures.

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Investors Move on From Banking Crisis, Focus Again on Inflation

news.movim.eu / TheWallStreetJournal • 20 April, 2023

German government bonds suffered total return losses of more than 1% since the beginning of April, measured by the iBoxx EUR Sovereigns Index, DZ Bank said.

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Volvo Posts Record Deliveries, Lifts Market Outlooks

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Volvo deliveries rose 11% in the first quarter as supply-chain disruptions eased, while order intake increased 32%, as the truck maker upgraded its market forecasts for Europe and North America.

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TSMC First-Quarter Net Profit Rose on Revenue Growth

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Taiwan Semiconductor Manufacturing Co. said first-quarter net profit rose 2.1% from a year earlier, thanks partly to revenue growth.

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Nokia Profit Falls Short But Confirms Outlook

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Nokia reported a first-quarter net profit of €332 million, missing forecasts, but backed its full-year guidance despite seeing some early signs of the economic environment impacting customer spending.

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Bank of Japan Largely Maintains View of Regional Economies

news.movim.eu / TheWallStreetJournal • 20 April, 2023

The Bank of Japan largely maintained its assessment for the nation’s regional economies, saying they are recovering from the impact of the pandemic.

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Renault Confirms Outlook as Revenues Rise 30%

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Renault recorded revenues of almost €12 billion in the first quarter and confirmed its 2023 operating margin target of 6% or higher.

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Publicis Posts Better-Than-Expected Organic Growth as Ad Industry Appears Resilient

news.movim.eu / TheWallStreetJournal • 20 April, 2023

Publicis Groupe SA reported higher-than-expected organic growth of 7.1% in the first quarter, and the advertising holding company said demand for its services continues despite the choppy macroeconomic environment.

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