Europe

France's Danone Cuts Out Brazilian Soy Ahead Of Tough New EU Rules

Danone has stopped sourcing soy from Brazil and now buys from countries in Asia, its finance chief told Reuters, ahead of a European Union rule requiring c...

UK's Mondi To Take $108m Charge After Fire Shutters Paper Mill

Mondi said it will take an impairment charge of €100 million ($108.23 million) due to the closure of its Stambolijski paper mill after a fire.

Kerry Group Reiterates Full-Year Guidance Following Volume, Margin Growth

Kerry Group has reiterated its full-year earnings per share guidance following continued growth in volume and margin in the first nine months of its financ...

Essity Books Small Profit Decline Despite Increased Sales Volumes, Market Share

Swedish hygiene products maker Essity reported a decline in third-quarter core earnings - one in line with expectations.

Carrefour Reports An ‘Eventful’ Third Quarter, With LFL Sales Up By 8.8%

Carrefour has reported improved performance in the third quarter of its financial year as consumer behaviour continued to recover across France and Europe.

L'Oréal Misses Third Quarter Sales Expectations As China Buys Less

L'Oréal reported a rise in third quarter sales that missed expectations after low consumer confidence in China sapped demand for beauty products.

Philip Morris Raises Annual Profit Forecast On Strong Demand For Nicotine Pouches

Philip Morris International raised its annual profit forecast after beating third-quarter estimates, betting on higher prices and resilient demand for its...

HDE Sees 'Great Potential' For AI Technologies In Retail

The German Retail Association (HDE) noted that AI technologies have 'great potential' in retail and urged against implementing overly strict regulations as...