Abandon, sell, keep? Unilever’s Russia conundrum
By Richa Naidu LONDON (Reuters) – Unilever, which has faced criticism for over a year for remaining in Russia, said…
2023
Randstad flags tougher job market, earnings beat forecasts
By Olivier Sorgho (Reuters) -Randstad, the world’s biggest staffing firm, on Tuesday flagged weaker demand in a “challenging” jobs market,…
Safety first in China under new central bank governor
By Kevin Yao BEIJING (Reuters) – China’s new central bank governor Pan Gongsheng brings with him the reputation of a…
Domino’s India operator Jubilant’s Q1 profit falls 74% as costs bite
By Praveen Paramasivam CHENNAI (Reuters) -Jubilant FoodWorks reported a 74% fall in quarterly profit on Tuesday as the Indian franchisee…
PulteGroup results beat estimates on higher new home sales
(Reuters) – PulteGroup Inc beat Wall Street estimates for second-quarter profit and revenue on Tuesday, as strong demand for affordable…
Kimberly-Clark lifts annual forecasts on price hikes, steady demand
(Reuters) – Kimberly-Clark Corp raised its full-year sales and profit forecasts on Tuesday, as the maker of Kleenex tissues and…
Analysis-Launch of arthritis drug biosimilars ramps up US pressure on pricing ‘middlemen’
By Patrick Wingrove (Reuters) – Cheaper versions of one of the most costly and widely used arthritis treatments in the…
Indonesia central bank keeps rates on hold as uncertainties ease
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s central bank held policy rates steady for the sixth straight review…
Swiss bank Julius Baer to end business with clients in Russia-letter
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Swiss private bank Julius Baer will end all business with clients based in Russia,…
Spotify’s user growth beats expectations
STOCKHOLM (Reuters) -Spotify Technology SA on Tuesday reported second-quarter results that comfortably beat expectations for both monthly active users and…