L'Oreal rallies as sales increase offsets China concerns
L'Oreal's shares rose on Friday after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China's coronavirus health crisis on its business.
L'Oreal's shares rose on Friday after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China's coronavirus health crisis on its business.
Japanese carmaker Nissan said on Friday its sales in China, the world's biggest auto market, fell by 11.8% in January year-on-year, as the Lunar New Year holiday began earlier than usual and the outbreak of coronavirus stymied economic activity.
BP's head of downstream Tufan Erginbilgic will step down next month after six years in the job, the energy company said in a statement, becoming the latest top executive to leave as CEO Bernard Looney takes over.
Jaguar Land Rover will reduce or stop production on certain days at two of its British factories over the next few weeks as Britain's biggest carmaker pursues cost-cutting measures in response to falling demand.
Suzuki Motor Corp said on Friday it was considering sourcing vehicle components from outside China, as the spread of a new coronavirus in the country threatens to disrupt vehicle production in its biggest market, India.
The "best case scenario" for World Wrestling Entertainment is if Amazon buys its streaming rights in the US and internationally, according to Needham.
Hong Kong Airlines said on Friday that it will slash 400 jobs and cut operations given weak travel demand because of the coronavirus outbreak, adding to financial woes for the city's second-largest carrier.
Fiat Chrysler has reached a settlement with Italian tax authorities over the valuing of its U.S. Chrysler business involving no cash payment or penalty, the group's chief financial officer said.
L'Oreal's shares rose on Friday after fourth-quarter figures from the French cosmetics company allayed concerns over the impact of China's coronavirus health crisis on its business.
Malaysia's Prime Minister Mahathir Mohamad on Friday sought to clarify comments he made on bribery allegations linked to AirAsia Group .
Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter.
U.S. non-farm payrolls data for January came in above analysts expectations, bolstering the view that the economy continues to grow at a healthy pace.
What if vital inflation data used to justify trillions of euros worth of central bank stimulus to support Europe's economy is flawed?
Honda Motor Co raised its forecast for full-year operating profit by 6% on Friday, with a weaker yen increasing the value of its overseas sales.
Hong Kong Airlines will slash 400 jobs as the coronavirus outbreak adds to financial troubles for the carrier, the South China Morning Post reported on Friday, citing two sources familiar with the plan.