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Beiersdorf ups 2022 sales forecast on strong demand for skin care, Tesa products

Nivea maker Beiersdorf (BEIG.DE) on Thursday raised its sales guidance for the full year after strong demand for its personal care and skin care as well as its Tesa products

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Swedbank’s quarterly profit tops forecast as interest income gives boost

Swedbank (SWEDa.ST) on Thursday reported a better-than-expected operating profit for the third quarter, underpinned by strong income from mortgages. The Swedish bank said in a statement its quarterly operating profit

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German consumer sentiment sees small, and fleeting, reprieve -GfK

German consumer morale is expected to recover slightly in November, a small reprieve after four consecutive months of record lows, though talk of a trend reversal is far too early

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Germany needs billions to solve its energy crisis, but buyers are shunning its bonds

Germany, considered Europe’s most reliable debtor, is having trouble selling its bonds, just as it seeks billions to tackle the energy crisis. Recent weak auctions have demonstrated the challenges of

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Toshiba’s preferred bidder struggling to secure equity commitments -sources

Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp (6502.T), is having difficulty securing sufficient equity commitments from potential consortium partners by next month, two sources familiar

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Spain’s Sabadell reports Q3 net profit beat on lending recovery, costs

Spanish lender Sabadell (SABE.MC) beat forecasts with third quarter net profit on Thursday, helped by a recovery in lending income, and lower costs and provisions. For years, banks across Europe

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Down on chips, Toyota goes back to basics with car keys

Toyota Motor Corp has discovered that even keys can be too “smart” for their own good. The world’s top-selling carmaker said on Thursday it would replace one of the two

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