Heineken sees 2020 profit growth as some commodity costs ease
Heineken , the world’s second largest brewer, expects to benefit from lower barley and aluminum costs this year after 2019 earnings rose exactly in line with expectations.
Nissan seeks $91 million in damages from Ghosn over alleged financial misconduct
Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million) in damages over his alleged financial misconduct.
ABN Amro profit hurt by low interest rates, rising impairments
Dutch bank ABN Amro reported on Wednesday fourth-quarter net income that missed analysts’ estimates, hurt by lower interest income and higher impairments.
Nissan seeks $91 million in damages from Ghosn over financial misconduct charges
Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million) in damages over his alleged financial misconduct.
Sainsbury’s Bank chairman Roger Davis to step down
The banking division of British supermarket group Sainsbury’s has started the search for a new chairman after Roger Davis notified the board he plans to step down, the firm said on Wednesday.
SoftBank Group quarterly profit wiped out by Vision Fund losses
SoftBank Group Corp reported a near-total wipe out in quarterly profit on Wednesday, after the Japanese technology investor was whiplashed for a second consecutive quarter by losses at its $100 billion Vision Fund.
Gucci owner Kering flags China virus uncertainties after strong fourth quarter
Kering said on Wednesday the coronavirus epidemic in China could heighten uncertainties for the luxury goods market, as the group posted higher-than-expected sales for the fourth quarter of 2019, helped by its star brand Gucci.
Ahold reports rise in fourth-quarter operating income, sees EPS growing in 2020
Ahold Delhaize , the U.S-European food retail giant, on Wednesday reported fractionally better than expected fourth-quarter core earnings on the back of strong performance at its Food Lion and Hannaford grocery chains in the United States.
JPMorgan picked as adviser for sale of stake in $7.3 billion Turkish motorway: sources
JPMorgan has been picked as an adviser for the sale of a stake in a $7.3 billion motorway in Turkey, four sources familiar with the matter said.
ABN Amro’s fourth-quarter net profit misses on low interest, rising impairments
Dutch bank ABN Amro on Wednesday reported a fourth-quarter net income that missed estimates, hurt by lower interest income and as impairments rose.
