The Dutch brewer sold its Russia operations for one euro in August, while consumers globally were deterred by higher beer prices.
Kategorie-Archiv: CNBC Financial News
Deutsche Bank shares surge 7% after net profit beats expectations
Deutsche Bank reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations.
‚The bond vigilante is coming back,‘ UBS strategist says
The „bond vigilantes are coming back“ as investors continue to sell amid the prospect of a growing fiscal deficit, according to UBS Asset Management’s Kevin Zhao.
Wall Street hikes forecasts for anti-obesity drug sales to $100 billion and beyond. A look at the numbers
Citi notched its estimate for incretin drug sales to $71 billion by 2035, up from its prior estimate of $55 billion. That view seems conservative. Here’s why.
Barclays down 6.5% after warning of fourth-quarter cost-cutting charges
Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations.
Alphabet to report third-quarter earnings after the bell
Alphabet has been continuing to look for ways to cut costs while also stepping up investments in artificial intelligence.
Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes
Coca-Cola’s stock has fallen 15% this year, dragging its market value down to about $234 billion.
GM tops Q3 expectations but pulls full-year guidance due to mounting UAW strike costs
GM has been navigating ongoing strikes by the United Auto Workers after the union and Detroit automakers failed to reach labor deals by a Sept. 14 deadline.
World’s largest sovereign wealth fund loses $34 billion as all asset classes fall in third quarter
Norway’s $1.4 trillion sovereign wealth fund on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value.
Barclays down 6.5% after warning of fourth-quarter cost-cutting charges
Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations.