PARIS, Reuters L39;Oreal39;s stable of skincare and cosmetics labels, including L39;Oreal Paris, SkinCeuticals and CeraVe, will likely give a solid lift to the company39;s quarterly sales with purchases expected to have accelerated in China. The French company reports third quarter results on Thursday, with overall sales seen up 11.5 from a year earlier on an organic […]

BEIJING, Oct 19 Reuters Electric battery giant CATL saw its China market share tumble to the lowest in more than a year in September, data showed, underscoring the challenges it faces from smaller rivals and weakener demand in the world39;s largest electric vehicle market. CATL reports quarterly results on Thursday, and investors will be on the […]

LONDON, Oct 19 Reuters Nestle posted lowerthanexpected ninemonth sales growth on Thursday as higher product prices made shoppers balk and hurt volumes, and said it had not seen any impact from weight loss drugs on its sales. The packaged goods industry has for over two years hit shoppers with higher prices, citing higher input costs that […]

STOCKHOLM, Oct 19 Reuters Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost savings plan after thirdquarter sales drop 20 due to slowing sales of 5G equipment in markets such as North America. The company is targeting between 800 million euros 842 million and […]

PARIS, Oct 19 Reuters French spirits maker Pernod Ricard on Thursday forecast higher sales in fiscal year 202324 despite reporting an expected 2 drop in its firstquarter sales due to weaker consumer demand in China. The soft start to the year also reflected inventory adjustments in the United States at retailer level and high yearago comparables […]