By Nivedita Balu and Richa Naidu -Nike Inc on Thursday forecast fiscal full-year sales ahead of Wall Street estimates, betting on its online business, higher demand as lockdowns ease, and its tried-and-tested strategy of limiting…
By Huw JonesLONDON – Britain’s financial watchdog on Tuesday proposed that a far wider range of companies should adopt globally accepted standards for disclosing the impact of climate change on their business.The government wants to…
By Tom Westbrook and Huw JonesSINGAPORE/LONDON – London Stock Exchange Group’s Refinitiv news and data platform Eikon experienced an outage for several hours on Wednesday, the company said, the second such glitch in as many…
LONDON – Rising cases in Britain of the Delta variant of COVID-19 first detected in India discouraged investors from buying UK-focused equity funds in May, data from fund network Calastone showed on Wednesday.Flows into UK…
LONDON – The European Union is not intent on stealing business from the City of London, but future access for Britain to the bloc’s financial market will hinge on whether it can be trusted to…
By Claudia Cristoferi – Ray-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had violated the terms of their 7.2 billion euro ($8.6 billion) proposed…
LONDON – Rolls-Royce said that Anita Frew would succeed Ian Davis as chair on Oct. 1 2021, making her the first woman to chair the British aero-engine company when Davis retires after nine years in…
– British homebuilder Berkeley Group Holdings Plc on Wednesday reported a rise in annual profit spurred by demand for new homes due to supportive government measures during the COVID-19 pandemic.Berkeley, one of the UK’s largest…
By Jan StrupczewskiBRUSSELS -The world’s financial leaders will endorse on July 9-10 a deal setting a global minimum corporate tax and call for technical work to be finished so they can approve the framework for…
By Jessica JaganathanSINGAPORE – Singapore’s Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP’s Singapore unit starting in 2024, the companies said on Wednesday, as the city-state seeks to…
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