3 Questions Investors Ask Themselves When Evaluating a CEO
Business

3 Questions Investors Ask Themselves When Evaluating a CEO

No doubt, investors are a demanding audience. The authors have found that the best investor presentations happen when CEOs focus less on impressing investors with their speaking skills – and more on communicating what their audience needs to know. They outline three core questions investors consider as they assess a CEO and a company’s valuation:… […]

Volkswagen to focus on improved net cash flow in H2
Business

Volkswagen to focus on improved net cash flow in H2

Sees deliveries of 9-9.5 mln this year vs 9.5 mln previouslyQ2 cash flow plunges 71%Shares down 3.3%Outlook contrasts with European rivalsBERLIN, July 27 (Reuters) – Volkswagen (VOWG_p.DE) on Thursday cut its full year sales target and pledged to improve its cash position in the second half by hiking prices and cutting costs as the German… […]

Privacy group challenges Ryanair’s use of facial recognition
Business

Privacy group challenges Ryanair’s use of facial recognition

DUBLIN, July 27 (Reuters) – Digital rights group NOYB on Thursday filed a complaint against Ryanair (RYA.I), alleging that the airline is violating customers’ data protection rights by using facial recognition to verify their identity when booking through online travel agents.NOYB, led by Austrian privacy activist Max Schrems, filed the complaint with Spain’s data protection… […]

Barclays reports first half profit hits expectations, bad loans rise
Business

Barclays reports first half profit hits expectations, bad loans rise

LONDON, July 27 (Reuters) – Barclays (BARC.L) warned of growing pressure on its UK business as stubborn inflation and high interest rates pushed customers to repay debt and switch into savings, squeezing the bank’s margins and hurting its shares despite a fresh share buyback.Shares were 6.4% lower at 0745 GMT after the British bank reported… […]

Shell Q2 profits drop to $5 bln after energy prices cool
Business

Shell Q2 profits drop to $5 bln after energy prices cool

Shell slows down share buyback programmeShell raises dividend, as previously announcedLNG trading weakensShares down 1.7%LONDON, July 27 (Reuters) – Shell (SHEL.L) on Thursday reported a 56% fall in second-quarter profit to $5 billion as oil and gas prices and refining profit margins fell, prompting the energy giant to slow its share repurchase programme.The earnings, which… […]

Switzerland sets up 260 billion francs for Credit Suisse rescue, files reveal
Business

Switzerland sets up 260 billion francs for Credit Suisse rescue, files reveal

ZURICH, March 20 (Reuters) – Credit Suisse and UBS might gain from more than 260 billion Swiss francs ($280 billion) in state and reserve bank assistance, a 3rd of the nation’s gdp, as part of their merger to buffer Switzerland versus worldwide monetary chaos, files describing the offer program. Swiss authorities revealed on Sunday that… […]