Jewelry maker Pandora sees sales decline in 2020
Danish jewelry maker Pandora , which is struggling to revive its brand amid sluggish sales, said on Tuesday it had seen an improvement in the...
MUFG posts third-quarter net loss due to one-time charge on Indonesian unit, cuts outlook
Mitsubishi UFJ Financial Group Inc (MUFG) , Japan’s largest lender by assets, on Tuesday posted 25.7 billion yen ($236 million) net loss in the third...
Glencore fourth-quarter copper output down 9%
Commodity miner and trader Glencore Plc reported a 9% fall in fourth-quarter copper production on Tuesday, as its Mutanda mine in the Democratic Republic of...
BP boosts dividend as profits slump on weak oil, gas prices
BP on Tuesday boosted its dividend payout after a 26% drop in fourth-quarter profit on lower oil and gas prices which still beat forecasts....
France’s Sanofi under investigation in Depakine birth defects case
French healthcare company Sanofi said it had been put under investigation over a legal case relating to Depakine, a medication known to have caused birth...
Sharp’s third-quarter profit up 38.5%, above estimates
Japan’s Sharp Corp on Tuesday reported a 38.5% increase in third-quarter operating profit thanks to gains at its smart appliance division and cost reduction efforts....
Jewelry maker Pandora sees continued sales decline in 2020
Danish jewelry maker Pandora’s fourth-quarter operating profit on Tuesday beat forecasts despite disappointing sales in China while it said its 2020 organic sales growth is...
Oil prices rebound from China virus slump amid gingerly recovery across markets
Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday’s sharp sell-off on fears of the impact of...
Japan’s Takeda forecasts surprise full-year operating profit
Takeda Pharmaceutical Co Ltd said it now expects an operating profit for the full year, as opposed to its earlier projection for a loss, due...
Sony third-quarter profit falls 20%; still beats estimates and raises outlook
Sony Corp on Tuesday reported a 20% decline in third-quarterly profit due to the absence of an accounting gain that boosted its year-earlier result, though...