SEOUL, Oct 25 Reuters Shares of Korea Zinc hit on Friday a fresh alltime high after rising by as much as 29, extending gains on the bet the company faces a lengthy takeover battle for a controlling stake in the world39;s biggest zinc smelter. Korea Zinc39;s top shareholder Young Poong and private equity fund MBK Partners plan to […]

Oct 25 Reuters Swiss industrial and construction chemicals company Sika reported a 5.5 increase in sales for the first nine months of 2024 on Friday, and confirmed its outlook for the year. The company, whose chemical additives are used to strengthen and waterproof building materials in walls, floors and roofs, said sales rose to 8.91 billion […]

Car earnings plunge by 64 Sees car sales below 2023 level, says will step up cost cuts Blames weak China, fierce competition for slump Oct 25 Reuters German premium automaker MercedesBenz on Friday said thirdquarter earnings in the core car division plunged by 64, massively missing analysts39; estimates, as Chinese consumers continued to cut back on […]

Oct 25 Reuters Yara International, one of the world39;s largest fertilizer producers, reported thirdquarter core earnings above market expectations on Friday, citing record production and its focus on core operations to boost profitability. Thirdquarter earnings before interest, tax, depreciation, amortisation EBITDA, excluding items affecting comparability, rose more than 47 from a year earlier to 585 […]

PARIS, Oct 25 Reuters French spirits maker Remy Contreau on Friday dropped its forecast that its fullyear sales would gradually recover after quarterly sales fell more than expected amid worsening market conditions in China and uncertainty over the timing of a recovery in the U.S. The company producing Remy Martin cognac and Cointreau liqueur said it […]

ZURICH, Oct 25 Reuters Holcim beat thirdquarter operating profit expectations, the construction materials maker said on Friday, as higher profitability helped offset lower sales. The company, which is planning to spin off its North American business next year, posted recurring operating profit of 1.67 billion Swiss francs 1.93 billion for the three months to the end […]