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(Automated translation by Reuters, please see disclaimer Real estate investment firm Host Hotels & Resorts HST.O forecast Wednesday that its 2024 revenue would beat Wall Street estimates, anticipating a continued recovery in business travel demand. U.S. travel companies have benefited from an increase in demand, primarily from small and medium-sized businesses. Host Hotels & Resorts, … Read more

The Française des Jeux logo FDJ launched a takeover bid on the online gaming group Kindred Group on Monday, an operation at the end of which the French group aims to become the European number two in the sector. FDJ says it is offering 130 Swedish crowns per share, valuing Kindred at 2.6 billion euros. … Read more

(Added investor quote to paragraph 3 and analyst quote to last paragraph) Big U.S. banks reported falling profits Friday in a choppy fourth quarter clouded by special charges and job cuts, with signs that rising revenue from high interest rates is slowing. is fading and some consumer loans are starting to sour. Nonetheless, JPMorgan JPM.N … Read more

“This will save certain companies,” underlined the minister. Bruno Le Maire in Paris, December 20, 2023. (AFP / LUDOVIC MARIN) Companies that benefited from a state-guaranteed loan during the pandemic will be able to reschedule them until December 31, 2026, the Ministry of the Economy announced on Sunday January 7. “This will save some businesses. … Read more

(Adds details to paragraphs 8-9) by Francesca Landini Enel ENEI.MI has completed the sale of a portfolio of renewable assets in the United States to Ormat Technologies ORA.N for $271 million, Italy’s largest power company said on Thursday. The operation, announced last year, is part of the group’s efforts to reduce its debt and rationalize … Read more