Heineken expects 2020 operating profit to rise by mid single-digit percentage
Heineken , the world’s second-largest beer maker, said on Wednesday it expects operating profit this year to grow by a mid-single digit percentage after 2019 earnings came in line with expectations.
Clariant’s leadership reshuffle continues as CFO jumps ship to Maersk
Clariant Chief Financial Officer Patrick Jany is exiting for a post at Maersk , the world’s biggest shipping company, marking the latest management change at the Swiss speciality chemicals maker after its CEO jumped ship last year.
SoftBank Group third-quarter operating profit falls 99%, pulled down by Vision Fund
Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates, pulled down by losses at the $100 billion Vision Fund.
Clariant CFO exits as leadership reshuffle at Swiss chemicals maker continues
Clariant Chief Financial Officer Patrick Jany is exiting for a new job at world’s biggest shipping company Maersk , marking the latest management change at the Swiss speciality chemicals maker after its CEO jumped ship last year.
ABN Amro’s fourth-quarter net profit misses on low interest and rising impairments
Dutch bank ABN Amro on Wednesday reported a stable net income of 316 million euros ($344.8 million) for the fourth quarter, missing analysts’ expectations as interest income fell and impairments rose.
‘Everyone is guessing’ about coronavirus economic impacts, say experts
The coronavirus that spread from a seafood market in Wuhan, China to infect tens of thousands has shuttered businesses, grounded flights and killed over 1,000 people so far, mostly in China.
Stocks inch up as drop in new coronavirus cases boosts confidence
Global share markets nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak kept investors wary.
Boeing sees airline profits hit, stagnant air cargo market due to virus
The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
U.S. judge drops some charges against Theranos’s Holmes, leaves wire fraud
A federal judge late on Tuesday dismissed some charges against Theranos Inc founder Elizabeth Holmes, but let stand wire fraud charges accusing her and an associate of misleading patients about the abilities of her company’s blood tests.
China’s GDP goal on track despite virus impact: government economist
China will be able to achieve its long-term goal of doubling gross domestic product and incomes this year despite the impact from a conoravirus outbreak, an influential economist at a top government think tank said on Wednesday.
