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Generali, Deutsche Bank and Deliveroo: The company news moving the markets

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Strong results from Italy's Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday. View on euronews
The article from MSN discusses several key business updates affecting the markets. Generali, an Italian insurance giant, has seen its shares rise after reporting a 50% increase in net profit for the first nine months of the year, driven by strong performance in its life and non-life insurance sectors. Deutsche Bank announced a significant overhaul of its management structure, including the appointment of a new COO and the creation of a new division focused on digital transformation, aiming to improve efficiency and client service. Meanwhile, Deliveroo, the food delivery service, experienced a share price drop following a report of a wider operating loss, despite an increase in gross transaction value, highlighting ongoing challenges in achieving profitability amidst fierce competition in the food delivery market. These developments are influencing investor sentiment and market movements.

Read the Full Euronews Article at:
[ https://www.msn.com/en-au/money/news/generali-deutsche-bank-and-deliveroo-the-company-news-moving-the-markets/ar-AA1ARtwO ]