Kroger’s 2020 profit, same-store sales estimates top expectations
Kroger Co on Tuesday forecast 2020 profit and same-store sales ahead of Wall Street estimates, as the supermarket chain benefits from its investments in store...
Mylan third-quarter profit rises 7% on new drug launches
Mylan NV reported a 7.4% rise in third-quarter profit on Tuesday, as the generic drugmaker benefited from new product launches....
Lufthansa files motion to prevent cabin crew strike: spokeswoman
Lufthansa , Germany’s biggest airline, has filed a motion with a Frankfurt court to prevent a flight attendants’ strike scheduled for this week, a company...
Mediaset ready to change pan-Europe TV governance to appease Vivendi: source
Italian broadcaster Mediaset is ready to modify the governance of its pan-Europe TV reorganisation in order to reach a compromise with hostile shareholder Vivendi VIV.PA>,...
OPEC’s Barkindo: oil market may have upside potential next year
OPEC Secretary-General Mohammad Barkindo said on Tuesday that the oil market outlook for 2020 may have upside potential, appearing to downplay any need for deeper...
Scramble for propane marks Mother Nature’s latest challenge for U.S. farmers
Months after historic floods ravaged the U.S. Midwest, farmers scrambling to harvest their crops face a new headache: finding fuel to dry their soaked grains....
Air France-KLM plans sales and efficiency drive to lift profit
Air France-KLM will combine a sales drive with efficiencies including better fleet management to lift profit margins to 7-8% over the medium term, the airline...
Floundering tech bets put spotlight on SoftBank results, Son
SoftBank Group Corp and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly...
Oil gains on optimism over U.S.-China trade deal
Oil prices rose on Tuesday on positive economic data and hopes for a Washington-Beijing trade deal that will lead to a de-escalation in tensions between...
Factbox: SoftBank’s ever-growing mountain of debt
SoftBank Group Corp has built a global conglomerate of telecoms and tech companies on an ever-growing mountain of debt that major rating agencies categorize as...