Aug 6 Reuters Online fashion marketplace Zalando reported an 18.5 rise in its operating profit for the second quarter on Tuesday, helped by improved inventory and lower order fulfilment costs, as its sports, designer and beauty segments drove growth. Zalando has focused on higherpriced brands and the growing sportswear category, along with scaling up its partner business, […]

FRANKFURT, Aug 6 Reuters Bayer reported a 16.5 drop in secondquarter adjusted earnings on Tuesday, becoming the latest farming supplies maker hit by lower demand because of falling crop and grain prices. The slump in agriculture markets poses a new headache for CEO Bill Anderson, who has launched a push to speed up business decisions and […]

Aug 6 Reuters Holiday Innowner InterContinental Hotels Group reported a 3.2 rise in revenue per available room RevPAR in the second quarter as a strong rebound in the United States offset weakness in China. RevPAR, a key industry gauge of performance for the hotel industry, in the secondquarter accelerated from 2.6 in the first three months, […]

BENGALURU, Aug 6 Reuters 3M India reported on Tuesday a 22 jump in its firstquarter profit, as a decrease in total expenses helped lift the diversified products maker39;s bottomline. The company, which makes everything from 39;Postit39; notes to power tools, reported a consolidated profit after tax of 1.57 billion rupees 18.7 million for the quarter ended […]