MADRID (Reuters) – Clothing sales in Spain grew at this year’s slowest year-on-year pace in October and fell from the…
Mitsubishi raises profit forecast on higher coal, LNG prices
TOKYO (Reuters) – Mitsubishi Corp on Tuesday raised its full-year net profit forecast by 21% to a record 1.03 trillion…
German officials search bank in Russian oligarch probe
BERLIN (Reuters) -German officials have searched a large bank in Frankfurt and Munich in an investigation into suspected money-laundering by…
Nintendo lifts profit guidance on weaker yen, sees slower console sales
By Kiyoshi Takenaka TOKYO (Reuters) -Japanese videogame maker Nintendo Co Ltd cut its full-year Switch sales projection by nearly 10%…
Puma appoints Freundt chief executive with immediate effect
BERLIN (Reuters) – Puma named Arne Freundt as chief executive with immediate effect on Tuesday, several weeks before initially announced,…
DuPont beats profit estimates, launches $5 billion share buyback plan
(Reuters) -DuPont de Nemours beat Wall Street expectations for third-quarter profit as strong demand for electronics and other industrial products…
Japan’s cabinet OKs extra budget spending, adding to debt
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida’s cabinet approved on Tuesday a second extra budget spending of…
Turkish bankers fear regulatory burden will reverse profit boom
By Ebru Tuncay ISTANBUL (Reuters) – Turkish banks, now enjoying record profits, face a painful reversal of fortune next year…
Factbox-Renault unveils big overhaul in drive to boost profits
PARIS (Reuters) – French carmaker Renault on Tuesday announced a big overhaul to split its operations into five businesses, deepen…
World Bank will host facility for climate disaster risk – Malpass
SHARM EL-SHEIKH, Egypt (Reuters) – The World Bank will host a new facility that will help countries that suffer heavy…