Michel: EU to meet, talk budget on February 1 - Breaking The News

Michel: EU to meet, talk budget on February 1

18 December

1 min read

EPA-EFE/OLIVIER HOSLET

European Council President Charles Michel announced on Monday that the members of the European Union will meet and discuss the bloc's new budget on February 1, 2024.

Speaking at a joint press conference with Belgian Prime Minister Alexander de Croo, Michel confirmed the talks will also focus on the funds for helping Ukraine as it is seeking to repel Russia's military operation and join the bloc after Hungary blocked the original scheme.

The statement came after the EU decided to start accession negotiations with Ukraine and Moldova.

budget michel

IBM posts revenue of $14.5B in Q1

38 minutes ago

International Business Machines Corporation (IBM) revealed on Wednesday that its revenue in the first quarter of its fiscal 2025 amounted to $14.5 billion, edging up 1% compared to the same period a year ago.In the first trimester, year over year, net income and diluted earnings per share slid 33% and 34%, coming in at $1.1 billion and $1.12, respectively. Second-quarter revenue is expected to be between $16.4 billion and $16.8 billion."We exceeded...

Kering's Q1 revenue down by 14% to €3.88 billion

5 hours ago

Kering SA announced on Wednesday that its revenue in the first quarter of the fiscal year 2025 observed an annual decline of 14% to land at €3.88 billion.The luxury brand conglomerate reported a yearly drop of 16% in its retail sales, including e-commerce. The sharpest decrease in demand of 25% was seen in Asia-Pacific, followed by Western Europe and North America at 13%. Kering Eyewear & Corporate and Bottega Veneta were the only brands that...

Boeing trims Q1 net loss to $31M as jet deliveries climb

9 hours ago

The Boeing Company revealed on Wednesday an 18% surge in its revenue for the first quarter of fiscal 2025 to $19.4 billion. The growth is attributed to a steady rise in jet production and deliveries. During this period, Boeing reported delivering 156 commercial planes and 26 jets for its Defense, Space, and Security divisions.Boeing's net loss narrowed significantly in the first quarter of fiscal 2025, decreasing from $355 million to $31 million. Basic loss per share...

Philip Morris posts Q1 EPS of $1.72, up 24.6%

10 hours ago

Philip Morris International Inc. said in its first-quarter report on Wednesday that its net revenue rose by 5.8% on a yearly basis to $9.3 billion, operating income added 16.4% to $3.5 billion, and diluted earnings per share (EPS) jumped 24.6%, reaching $1.72. Smoke-free business accounted for 42% of its total net revenues, with sales rising 15% year-on-year. "We remain confident in our ability to deliver superior results, despite an uncertain and volatile global...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.