(Reuters) – Philip Morris International Inc cut its full-year earnings forecast on Thursday, hurt by the pullback of its Russian operations, higher …
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ZURICH – Nestle’s organic growth target of around 5% this year is “conservative” while the margin target has become more challenging due …
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MILAN -Telecom Italia (TIM) has started talks with banks to raise around 3 billion euros ($3.3 billion) in financing that could be …
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GDANSK – Poland’s biggest fashion retailer LPP faces a surplus of merchandise this year after closing stores in Eastern Europe, which is …
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(Reuters) -U.S. railroad operator Union Pacific Corp posted a 21.5% jump in first-quarter profit on Thursday, benefiting from higher shipments due to …
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(Reuters) -The head of luxury house LVMH, Bernard Arnault, said on Thursday that the company’s outlook this year was “so far so …
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MILAN – Shareholders in Assicurazioni Generali will vote on April 29 to name a new chief executive and board of directors at …
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By Gianluca Semeraro and Valentina Za MILAN – Generali boss Philippe Donnet, facing a challenge to his leadership from rebel investors, is …
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By Silke Koltrowitz ZURICH – Nestle on Thursday confirmed it expects to grow sales around 5% and keep margins broadly stable this …
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TOKYO – Toshiba Corp said on Thursday it has resolved to solicit proposals on strategic alternatives, including privatisation of the company. The …
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By Ana Isabel Martinez and Anthony Esposito MEXICO CITY – Mexico’s cash-strapped state oil firm Petroleos Mexicanos (Pemex) is under pressure to …
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By Kate Abnett BRUSSELS – Raise your air conditioner’s temperature, adjust your boiler settings, drive slower and swap short-haul flights for trains: …
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By Hyunjoo Jin and Akash Sriram SAN FRANCISCO – Tesla Inc results surged past Wall Street expectations on Wednesday, as higher prices …
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By Ross Kerber (Reuters) – A Florida official praised Elon Musk’s offer to buy Twitter Inc and said pension officials will tell …
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(Reuters) -AT&T Inc on Thursday posted a 2.5% rise in core wireless revenue for the first quarter, as the telecom giant benefited …
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FRANKFURT -The European Central Bank should end its stimulus programme in July and could raise interest rates that same month, in September …
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TOKYO – Hitachi Ltd is planning to sell most of its 40% stake in Hitachi Transport System Ltd to U.S. private equity …
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By Mark Miller (Reuters) – The Great Retirement is morphing into the Great Return, with the U.S. employment report for March, released …
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By Howard Schneider WASHINGTON – With even the most dovish U.S. central bankers now calling for a key interest rate to hit …
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By Marcy de Luna HOUSTON – Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is …
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BEIJING -Chinese employees will henceforth be able to invest and supplement funds in their pension accounts, authorities said on Thursday, launching the …
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PARIS -Bernard Arnault, the head of luxury giant LVMH said on Thursday his business empire was eying expanding into the digital “metaverse”, …
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BOAO, China – China should launch a pilot “connect” market access programme for carbon with Hong Kong to enable foreign investors to …
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AHMEDABAD, India – Britain hopes to complete a free trade deal with India by the end of this year, British Prime Minister …
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LONDON -Britain’s consumers increased visits to retailers and leisure providers in the run-up to the Easter holiday weekend and bookings at restaurants …