Lower risk costs help ING profit beats forecasts

Lower risk costs help ING profit beats forecasts

ING Groep NV reported Thursday a rise in net profit for the first quarter, significantly ahead of market expectations for the period, thanks to an increase in fee income and lower risk costs. The Dutch bank posted a net profit of 1.00 billion euros ($1.20 billion) …
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EssilorLuxottica Q1 sales rise driven by China, US rebound

Sales in the first quarter jumped 14.3% at constant currencies from a year earlier to 4.06 billion euros ($4.9 billion). EssilorLuxottica confirmed it targets a return to pre-pandemic levels this year. It …
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VIDEO: TGA says benefits of AstraZeneca vaccine still significantly outweigh risks of clotting

The Therapeutic Goods Administration says, despite further cases of blood-clotting related to the AstraZeneca vaccine, the benefits of immunisation still far outweigh the risks. More on: Australia …
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Swedish self-driving start-up Einride raises $110 million

LONDON, May 6 (Reuters) – Swedish electric self-driving vehicle start-up Einride said on Thursday it has raised $110 million in its latest funding round, including new investments from Maersk’s venture capital arm and Singapore state investor Temasek.
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Barratt expects home completions ahead of estimates, reservation rates rise

Last month, UK Finance Minister Rishi Sunak extended tax breaks for home buyers until October and unveiled a mortgage guarantee scheme in the budget, moves that bolstered the housing sector after Prime Minister Boris Johnson unveiled a phased exit plan …
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