Remy Cointreau said its first-quarter sales fell 16%, with the Americas still pressured by customers’ inventory reductions, but it expects a gradual recovery over the […]
Category: Business
UniCredit Boosts Revenue Outlook, Dividends
UniCredit raised its revenue guidance for the year and said it would pay out around €1.4 billion in interim dividends, after the Italian bank posted […]
Deutsche Bank Warns of Hit From Commercial Real Estate Exposure
Deutsche Bank increased its forecast for full-year credit losses, warning that it expected continued pressure from exposure to commercial real estate, at a time a […]
BNP Paribas Confirms Outlook After Strong Second Quarter
BNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth in its institutional banking and capital […]
AMC Entertainment Expects Loss But Sees Signs of Improvement
AMC Entertainment expects to swing to a loss in the latest quarter in the wake of the prolonged Hollywood actors and writers strikes last year, […]
T-Mobile and KKR Launch JV to Acquire Metronet
T-Mobile said it entered into a definitive agreement to establish a joint venture with the investment firm KKR to acquire Metronet as the company aims […]
Woodside Ready to Advance Driftwood LNG Selldown Talks
Woodside Energy is seeking to advance talks on the possible sale of a stake in the Driftwood LNG development in the southern U.S. in parallel […]
Delta Struggles to Regain Footing After Tech Outage
Passengers have filed hundreds of complaints against the carrier as it works to restore systems and locate available personnel.
Warner’s TNT Makes Matching Offer for Amazon’s NBA Package
The company is trying to retain NBA media rights as the league finalizes deals with other partners.
Elon Musk Says Tesla to Use Humanoid Robots Next Year
The CEO said the electric-vehicle maker would use the robots internally first before producing them for other companies.