Oil producer Apache Corp and its joint venture partner Total SA said on Thursday that they made their second significant oil discovery of the year in a closely watched area off the coast of South America's Suriname.
Taiwan's GlobalWafers made what it said was a final attempt to save a 4.35 billion euro ($5.3 billion) bid for Germany's Siltronic on Monday by lowering the minimum acceptance threshold and extending its offer deadline.
Volkswagen's profit almost halved last year due to the impact of the pandemic, but a rebound in premium car sales in China and stronger deliveries in the fourth quarter helped keep the world's largest carmaker in the black.
Volkswagen's profit almost halved last year due to the impact of the pandemic, but a rebound in premium car sales in China and stronger deliveries in the fourth quarter helped keep the world's largest carmaker in the black.
Bankinter shares up more than 7% Q4 net profit falls to 97 mln euros, but above forecasts CFO does not foresee additional COVID-19 provisions (Recasts, adds details)
MADRID, Jan 21 (Reuters) - Spain’s Bankinter forecast higher lending income and loan growth across its markets as lower provisions meant its fourth-quarter profit fell by less than in previous quarters.
Bankinter’s shares rose by more than 7% on Thursday after it said net interest income (NII), its earnings on loans minus deposit costs, would see low-single digit growth in 2021 despite the impact of negative interest rates in the first half.
Net profit at the bank fell 8.7% to 97 million euros ($118 million) on extraordinary regulatory charges of 115 million euros not related to the COVID-19 pandemic. Analysts polled by Reuters had expected a net profit of 73 million euros.