Coty on Wednesday raised its annual core sales forecast on the back of higher pricing and strong demand as customers splurge on its high-end and affordable cosmetics and fragrances.
Textron Aviation and NetJets on Wednesday signed an agreement which would give the private jet firm owned by Berkshire Hathaway an option to buy up to 1,500 additional Cessna Citation business jets over the next 15 years.
China should step up policy support for the economy while promoting reforms to help achieve the annual growth target of around 5%, Yi Gang, former governor of the People’s Bank of China (PBOC), said in remarks published on Wednesday.
Unions at the Apple France stores have called for a strike on Friday and Saturday ahead of the iPhone 15 launch, demanding better pay and working conditions.
Square, a unit of fintech company Block Inc , said on Wednesday it would enter the Canadian cannabis market through a partnership with e-commerce platform Jane Technologies.
General Mills topped Wall Street expectations for quarterly sales and profit on Wednesday, benefiting from higher prices for its breakfast cereals, snack bars and pet food products that helped offset a slowing demand.
Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that enable investors to make secondary investments in existing private equity (PE) deals.
The British arms of Volkswagen and Stellantis called for clarity on regulation after reports that Britain was planning to delay a 2030 ban on new petrol and diesel car sales.
China’s exports of germanium and gallium products in August plunged，customs data showed on Wednesday, after Beijing implemented new export controls on the two chipmaking metals.
