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Japan wholesale inflation hits 13-year high, squeezing corporate profits - Vimarsana News

Japan wholesale inflation hits 13-year high, squeezing corporate profits

Japan's wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting pressure on corporate margins and raising the risk of unwanted consumer price hikes.

Sika optimistic on China prospects despite Evergrande concerns - Vimarsana News

Sika optimistic on China prospects despite Evergrande concerns

Sika can overcome rising raw material costs globally and uncertainty in China linked to debt concerns at developer China Evergrande to reach its 2021 goals, Chief Executive Thomas Hasler said on Thursday.

French satellite firm Eutelsat raises stake in UK company OneWeb - Vimarsana News

French satellite firm Eutelsat raises stake in UK company OneWeb

French satellite company Eutelsat , which rejected a takeover proposal from billionaire Patrick Drahi, said it had raised its stake in London-headquartered communications network company OneWeb to 22.9%.

Britain's Greggs raises profit outlook after strong quarter - Vimarsana News

Britain's Greggs raises profit outlook after strong quarter

British baker and fast food chain Greggs raised its full-year profit outlook on the back of strong trading in its latest quarter despite staffing and supply chain disruption.

Tikehau Capital aims for around 5 bln euros of assets dedicated to tackling climate change - Vimarsana News

Tikehau Capital aims for around 5 bln euros of assets dedicated to tackling climate change

French investment company Tikehau Capital said on Monday it was hoping to manage at least 5 billion euros ($5.8 billion) worth of assets by 2025 that would be dedicated solely to fighting climate change.