Additional European Equity News

Airbus (AIR FP) - Boeing (BA) secured an order of 34 777x freighters from Qatar Airways as part of the craft launch, Qatar also confirmed the purchase of 50 737 Max. (Newswires)

Chip Names - Representatives from several European nations, including France and Germany, are concerned that excessive Gov't investment in the production of chips may lead to a subsidy battle in the EU or an oversupply, wanting limits on the amount of state aid provided, according to Bloomberg sources. (Newswires)

Cineworld (CINE LN) - Commenced discussions with previous dissenting shareholders of Regal Entertainment, the aim of maximising available liquidity. (Newswires)

Hapag Lloyd (HLAG GY) FY21 (USD) - Revenue 26.4bln (prev. 22.3bln), EBITDA 12.8bln (prev. 10.9bln), EBIT 4.2bln. (Newswires)

ING (INGA NA) - Co. and Societe Generale (GLE FP) have signed an MOU to offer banking solutions to ING's retail customers within France. (Globenewswire)

Novozymes (NZYMB DC) Q4 (DKK) - Revenue 3.8bln (exp. 3.75bln), EBIT 805mln (exp. 844mln), net profit 623mln (exp. 636mln). Intend to propose a dividend of 5.50/shr for FY21. (Newswires)

Orpea (ORP FP) - French Gov't says all regional health authorities will be visiting all Orpea facilities, will make an announcement soon on the inspection of care homes. (Newswires)

Playtech (PTEC LN) - Takeover bid from Aristocrat is facing uncertainty, via Bloomberg. (Newswires)

Repsol (REP SM) - Peru is to temporarily suspend the government's offshore oil unloading operations after a recent 10k/bbl spill. (Newswires)

Rio Tinto (RIO LN) - Over 25% of female workers at the Co. have been subject to sexual harassment and nearly 50% subject to bullying, according to a report. CEO remarked that the findings are disturbing and expressed "enormous regret". (Newswires)

Schroders (SDR LN) - Completed the acquisition of Solutions Business. (Newswires)

Stellantis (STLA IM/FP) - Co. could cut 1.4k jobs within France this year, according to union sources via Reuters. (Newswires)

Tesco (TSCO LN) - Closing down its Jack's budget chain, converting 6/13 stores into Tesco sites and closing the remaining facilities. (Telegraph)

Vodafone (VOD LN) - Abrdn, the fourth largest investor, has backed the CEO's overhaul plan, in spite of the reported pressure from activist Cevian on the subject. (Telegraph)

Orsted (ORSTED DC) upgraded to Neutral from Sell at Citigroup

01 Feb 2022 - 07:05- EquitiesEconomic Commentary- Source: Newsquawk