Rheinmetall aims for 20 billion euros in sales in 2027 By Reuters

BERLIN (Reuters) -Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine war, the German defence group said in a Capital Markets Day presentation. There is also potential for an 18% operating margin for 2027, said the company on Tuesday, singling out increased market potential by its entry in the United States

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Miners, real estate lead gains in European shares By Reuters

(Reuters) – Europe’s main stock index rose on Tuesday, boosted by strength in shares of miners and a rebound in real estate stocks, with ongoing corporate earnings, economic data and global monetary policy outlook set to further shape market sentiment. The pan-European was up 0.4% as of 0810 GMT, with basic resources leading the sectoral charge with a 1% rise. The real estate sector also climbed 0.8%, after dropping nearly

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Nestle to cut costs, boost marketing under CEO Freixe By Reuters

VEVEY (Reuters) -Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone global unit, and implement other changes to drive growth under new chief Laurent Freixe, the company said on Tuesday. The Swiss food giant aims to achieve cost savings of at least 2.5 billion Swiss francs ($2.83 billion) by 2027, in addition to ongoing savings of around 1.2 billion Swiss

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Goldman Sachs chairman expects deals to pick up in 2025 By Reuters

HONG KONG (Reuters) – Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration. “Given where we are at the moment, … you’re starting to unleash some of those animal spirits, and you’re seeing a pick-up in equity activity, pick-up in M&A activity,” Solomon said at the Global Financial Leaders Investment Summit hosted

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