Latest in Loss Says Sales
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Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.Business - The Wall Street Journal - October 17 -
Nokia Tempers Earnings Expectations After Sales Fail to Recover
Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness.Business - The Wall Street Journal - October 17 -
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.Business - The Wall Street Journal - October 17 -
China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.Business - CNBC - October 18 -
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in GazaBusiness - Financial Times - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
Labour’s promise of change requires a clearer message
Starmer’s government must learn from leaders who transformed Britain: Attlee, Blair and, yes, ThatcherWorld - Financial Times - October 18 -
A ‘full fat’ Budget is impossible — what are the trade-offs?
Traditional Labour measures on tax and borrowing will need to be balanced with thinner fare to keep to fiscal constraintsBusiness - Financial Times - October 18 -
Fanatical's Showcase Sale Is Stacked With Awesome PC Game Deals
Hundreds of great PC games are getting big discounts thanks to Fanatical's Showcase Sale . The event lasts through October 20 and includes recent games from big publishers like Capcom, Bethesda, ...Tech - GameSpot - October 18 -
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France takes stake in Sanofi unit as part of €16bn sale to CD&R
Deal for consumer health arm faced political furore over ceding controlling stake to US private equity groupBusiness - Financial Times - October 21 -
Nigeria rejects Shell’s planned sale of $1.3bn onshore production unit
The decision comes the same day as ExxonMobil wins approval for its long-delayed asset sale in Niger DeltaBusiness - Financial Times - October 21 -
