Coronavirus

Jerónimo Martins Sees First Half Profit Down By More Than A Third

The COVID-19 pandemic strongly affected the first half performance of Portuguese retail group Jerónimo Martins, with profit falling 36.2% year-...

Groupe Casino Sales Jump As Lockdowns Drive Food Purchases

A pick up in food purchases triggered by coronavirus lockdowns extended a revenue bounce at French supermarket group Casino in the second quarter, with the...

Nestlé Sees Slower Growth This Year As Stockpiling Effect Wanes

Nestlé has cut its full-year underlying sales growth forecast to 2%-3% , saying demand has slowed as customers worked their way through cupboards th...

Bunge Raises Outlook As Q2 Profit Beats Estimates

Agricultural commodities trader Bunge Ltd raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates. Des...

GSK Profit Misses Expectations As Vaccine Sales Disappoint, Stockpiling Eases

Britain's GSK fell short of quarterly expectations for profit on Wednesday, as sales of its existing vaccines fell and stockpiling of pain and lung medicat...

Mondelēz Raises Dividend As North America Cushions Emerging Markets Blow

Mondelēz International Inc raised its quarterly dividend by 11%, after strong demand for its snacks and chocolates in North America offset sales declines i...