Elior-Turnover growth in 2024 below expectationsPublished on Nov. 22 at 7:28 a.m.November 22 (Reuters) – Elior on Wednesday forecast annual revenue lower than analysts’ expectations for its 2024 financial year, after publishing its first profit since the start of the COVID pandemic. Europe’s third largest contract caterer expects organic growth…

Thyssenkrupp reports a loss of €2.1 billion on its steel divisionPublished on November 22 at 7:55 FRANKFURT/DUSSELDORF, November 22 (Reuters) – T hyssenkrupp announced on Wednesday a writedown of 2.1 billion euros of its steel division due to prospects "dark"highlighting the challenge of trying to win over Czech energy group EPH as a joint owner…

OpenAI reinstates Sam Altman as CEO after tumultuous ousterPublished Nov 22 at 8:30 a.m.SAN FRANCISCO, Nov 21 (Reuters) – OpenAI said on Tuesday it had reached an agreement for Sam Altman to return as chief executive days after his eviction, putting an end to frenzied discussions on the future of the start-up behind ChatGPT. In addition to the return of Sam Altm…

Casino-Annual Ebitda target for France revised downwards for the second time in a monthPublished on Nov. 22 at 8:32 a.m.November 22 (Reuters) – Casino lowered its annual target for earnings before interest, taxes, depreciation and amortization (Ebitda) for France, due to a slower than expected recovery in activity in its hypermarkets and the impact of…

Kingfisher lowers its annual forecast again, difficulties in FrancePublished on November 22 at 8:54 LONDON, November 22 (Reuters) – Kingfisher, owner of the Castorama and Brico Dépôt brands, on Wednesday revised downwards its annual profit forecast for the second times in three months, while market trends turn out to be weaker than expected in France. Kingfisher, which also owns…