Sees
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
[ad_1] PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief executive officer François-Henri Pinault believes the French luxury...
E.l.f. Beauty Sees Strong Q3 Sales, but Adjusts Full-year Forecast After Soft January
[ad_1] E.l.f. Beauty surpassed Wall Street’s top-line forecasts in the third quarter, but lowered its full-year forecast on the back of a softer-than-expected January. Net sales increased 31 percent to...
Euro set for deeper decline as market sees more ECB cuts
[ad_1] Traders are ramping up bets for a deeper divergence between European and US interest rates, setting the euro on a clear path for further weakness. The currency fell to its...
Sanofi plans 5 billion-euro buyback, sees higher profit growth
[ad_1] SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots away from consumer health to focus...
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025 – The Business Times
[ad_1] SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US peer, as it expects sales...
Germany sees hottest year on record in 2024, weather service says
[ad_1] The year 2024 is the hottest year on record in Germany since nationwide measurements began in 1881, the German Weather Service (DWD) said on Tuesday.The recording-setting temperatures break the...
Former Italian prime minister Draghi sees leadership vacuum in Europe
[ad_1] The former head of both the European Central Bank and the Italian government lamented on Monday over the "leadership vacuum" stemming from weakened leadership in France and Germany."The Franco-German...
RHB says Suntec Reit unitholders should reject S$1.16 offer, sees positives for the Reit
[ad_1] Offer price is a 44% discount to the Reit’s net asset value, says the research houseRHB has recommended unitholders of Suntec Real Estate Investment Trust (Reit) to reject the...