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UPDATE 1-UK homebuilder Crest Nicholson hit by flat prices, rising costs

(Adds details on results, executive comment) June 11 (Reuters) – Crest Nicholson Holdings Plc reported a fall in pretax-profit for the first half of 2019 as Brexit nerves kept house prices flat across the south of England and building costs Read more ›

Countrywide warns on earnings as Brexit bites

April 30 (Reuters) – Countrywide Plc said uncertainty around Britain’s impending exit from the European Union had hit residential and commercial property markets, prompting the nation’s largest estate agent to warn of a shortfall in its first-half earnings. Countrywide said Read more ›

Hyundai Motor, Kia to invest $300 million in India’s Ola

FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, France, Oct. 2, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) – South Korean automakers Hyundai Motor Co and Kia Motors Corp will together Read more ›

Oracle first-quarter revenue up 1 percent

(Reuters) – Business software maker Oracle Corp (ORCL.N) reported a 1 percent rise in quarterly revenue on Monday, helped by growth in its cloud services and license support business. FILE PHOTO: The Oracle logo is shown on an office building Read more ›

Unilever single holding company shares to start trading in December

LONDON (Reuters) – Consumer goods giant Unilever (ULVR.L) (UNc.AS) said simplifying its parent company structure from two UK and Dutch legal entities into a single holding company would conclude in December, when shares in the new firm would start trading. Read more ›

Berkeley says UK housing market sluggish on Brexit run-in

(Reuters) – Berkeley Group Holdings (BKGH.L) said on Wednesday Britain’s housing market lacked urgency and was constrained by high transaction costs, limits on mortgage borrowing and uncertainty over next year’s planned exit from the European Union. FILE PHOTO: A carpenter Read more ›

Abercrombie sales miss as Hollister runs out of stock in Europe

(Reuters) – Abercrombie & Fitch Co (ANF.N) failed to take full advantage of an unusually long summer in Europe as its stock of Hollister brand of summerwear could not keep up with increased demand in the second quarter, sending its Read more ›

REFILE-Australia shares rise on hopes of smoother global trade; NZ up

(Adds dropped word to headline, no text change) * Materials stocks drive gains on Aussie benchmark * Rubber products maker Ansell falls as much as 10.1 pct on results, trade outlook * NZ benchmark up, led by healthcare shares By Read more ›

Nvidia forecast lags Wall Street as crypto demand evaporates

(Reuters) – Nvidia Corp (NVDA.O) shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise Read more ›