Unilever misses estimates as sales slow in China and India
Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging...
Sterling falters as Brexit deal hope fades, shares pause after five-day rally
Sterling faltered on fading hopes of a Brexit deal on Thursday, while a five-session rally in Asian stocks ran out of steam as weak U.S....
Britain’s Domino’s Pizza to exit international market
Domino’s Pizza Group Plc , Britain’s biggest pizza delivery company, said on Thursday it will exit its international markets, where it has been facing mounting...
Ericsson third-quarter tops forecast as strong 5G market boosts earnings
Telecoms equipment maker Ericsson reported quarterly core earnings well ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger 5G...
Nestle revamps waters business as organic growth slows
Food group Nestle plans to return up to 20 billion Swiss francs ($20.13 billion) to shareholders over the next two years and is making changes...
Nestle posts slightly slower sales growth, revamps waters business
Food group Nestle announced a new share buyback program of up to 20 billion Swiss francs ($20.13 billion) and changes to its waters business on...
Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9
Qatar Airways said it may convert its 10 orders for the Boeing Co ultra-long-range 777-8 widebody jet to the larger 777-9, depending on the performance...
Ericsson third-quarter core profit tops forecast, lifts 2020 sales target
Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market...
Qatar Airways may convert orders for Boeing 777-8 jet to 777-9: CEO
Qatar Airways may convert its 10 orders for the Boeing Co ultra-long-range 777-8 widebody jet to the larger 777-9, depending on the performance of the...
As ‘Cannabis 2.0’ kicks off in Canada, industry strangled by limited retail outlets
A year after Canada legalized use of recreational marijuana cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin...