U.S. stores help Ahold to 3% quarterly profit rise
Food retailer Ahold Delhaize reported a 3% rise in fourth-quarter core earnings on Wednesday helped by its Food Lion and Hannaford U.S. grocery chains....
Heineken sees 2020 profit growth as some commodity costs ease
Heineken , the world’s second largest brewer, expects to benefit from lower barley and aluminum costs this year after 2019 earnings rose exactly in line...
Sainsbury’s Bank chairman Roger Davis to step down
The banking division of British supermarket group Sainsbury’s has started the search for a new chairman after Roger Davis notified the board he plans to...
Nissan seeks $91 million in damages from Ghosn over financial misconduct charges
Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million)...
JPMorgan picked as adviser for sale of stake in $7.3 billion Turkish motorway: sources
JPMorgan has been picked as an adviser for the sale of a stake in a $7.3 billion motorway in Turkey, four sources familiar with the...
Gucci owner Kering flags China virus uncertainties after strong Q4
Kering said on Wednesday the coronavirus epidemic in China could heighten uncertainties for the luxury goods market, as the group posted higher-than-expected sales for the...
Gucci owner Kering flags China virus uncertainties after strong fourth-quarter
Kering on Wednesday said the coronavirus health scare in China could heighten uncertainties for the luxury goods market, as the Gucci owner posted higher-than-expected sales...
Heineken expects 2020 operating profit to rise by mid single-digit percentage
Heineken , the world’s second-largest beer maker, said on Wednesday it expects operating profit this year to grow by a mid-single digit percentage after 2019...
SoftBank Group quarterly profit wiped out by Vision Fund losses
Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates, pulled down by a second consecutive quarter...
Clariant’s leadership reshuffle continues as CFO jumps ship to Maersk
Clariant Chief Financial Officer Patrick Jany is exiting for a post at Maersk , the world’s biggest shipping company, marking the latest management change at...