February 13, 2020

Rents lift U.S. core inflation; weekly jobless claims rise slightly

U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was […]
February 13, 2020

Italian fashion brands Liu Jo and Blumarine aim for IPO within two years

The holding company of Italian fashion brands Liu Jo and Blumarine aims to list on the stock market within two years, chief executive and founder Marco […]
February 13, 2020

Nissan slashes profit outlook after sales slide, says more restructuring needed

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new […]
February 13, 2020

Wall St. slips from record levels at open on fears over new coronavirus case count

Wall Street’s main indexes slipped from record highs at the open on Thursday as a sharp increase in the number of deaths and cases related to […]
February 13, 2020

Turkey’s Atlasglobal suspends flight operations: news websites

Turkish airline Atlasglobal has decided to suspend all its operations and told its personnel not to come to work on Thursday, the aviation sector news website […]
February 13, 2020

Steel becomes new problem child as Thyssenkrupp posts profit drop

Thyssenkrupp’s steel division swung to a loss in the first quarter, raising doubts over Europe’s second-biggest steelmaker, the conglomerate’s core following its planned sale of its […]
February 13, 2020

Elevator sale in focus in competitive process: Thyssenkrupp CFO

A sale of Thyssenkrupp’s elevator division is currently in focus, the group’s finance chief said on Thursday, adding an ongoing auction was “very competitive”. Powered by […]
February 13, 2020

Improving Nestle reins in growth ambitions

Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years […]
February 13, 2020

Factbox: Nestle CEO Schneider’s top deals

Nestle Chief Executive Mark Schneider has made great strides in positioning the world’s largest food company for the future with his aggressive deal-making since taking over […]
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