PARIS (Reuters) – Casino on Friday said it was confident it would recover sales momentum this year in France as the pandemic eases and improve cash flow generation after reporting a 12% fall in 2021 group operating profit to 1.193 billion euros ($1.34 billion). The French retailer, which has been selling assets to cut debt,…
NEW YORK (AP) — Wall Street capped a turbulent week of trading Friday with a broad rally for stocks as relief flowed through the market, even as deadly attacks raged in Ukraine. Oil fell and investors turned away from gold and other traditional havens they favor when fear is high. The S&P 500 climbed 2.2%…
HELSINKI (Reuters) – Finnish premium department store chain Stockmann on Friday posted a rise in fourth-quarter earnings and said it expected the positive development to continue as long as no major COVID-19 restrictions are imposed anymore. The 160-year-old retailer, which has gone through heavy cost cutting and debt management, said its October-December operating profit was…
