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...
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 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...
SoftBank Group third-quarter op profit falls 99%; misses analyst estimates
Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates, pulled down by losses at the $100...
ABN Amro’s fourth-quarter net profit misses on low interest and rising impairments
Dutch bank ABN Amro on Wednesday reported a stable net income of 316 million euros ($344.8 million) for the fourth quarter, missing analysts’ expectations as...
‘Everyone is guessing’ about coronavirus economic impacts, say experts
The coronavirus that spread from a seafood market in Wuhan, China to infect tens of thousands has shuttered businesses, grounded flights and killed over 1,000...
Stocks inch up as drop in new coronavirus cases boosts confidence
Global share markets nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak...