Nissan FirstQuarter Operating Profit Drops 14

TOKYO, July 28 Reuters Nissan Motor Co39;s firstquarter operating profit fell 14 to 64.9 billion yen 478.08 million, the Japanese carmaker said on Thursday, citing surging raw material costs and production disruption from COVID19 lockdowns. Earnings for the three months to June 30 beat an average estimate of 45.8 billion yen from 11 analysts, Refinitiv data […]
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Nestle Limits Margin Squeeze and Raises Growth Outlook

Q2 organic growth 8.7, beats poll H1 net profit hit by oneoffs, misses poll Raises growth outlook, slightly trims margin target Shares indicated 1.2 higher ZURICH, July 28 Reuters Nestle raised its fullyear sales growth forecast to 78 on Thursday and trimmed its margin guidance after cost inflation hurt the world39;s biggest food group less than […]
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UK Commercial Real Estate Entering Downturn RICS

LONDON, July 28 Reuters Britain39;s commercial real estate sector is entering or might already be in a downturn, according to an industry survey, as higher interest rates push up investors39; financing costs and weaker consumer sentiment hurts demand for retail space. The Royal Institution of Chartered Surveyors RICS said on Thursday that 43 of respondents […]
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