[ad_1] (Reuters) – Four major U.S. retailers, including Walmart (WMT.N) and Target Corp (TGT.N), are removing all 22-ounce bottles of Johnson & Johnson’s (JNJ.N) baby powder from their stores, following the healthcare conglomerate’s recall last
Stocks mostly gain with earnings in focus; sterling slips
[ad_1] NEW YORK (Reuters) – Global stock indexes were flat to higher on Friday as upbeat earnings offset weaker-than-expected results, while the British pound extended losses from the previous day amid fresh uncertainty around Britain’s
LafargeHolcim optimistic about 2020 building industry
[ad_1] ZURICH (Reuters) – LafargeHolcim (LHN.S) expects the construction industry to remain buoyant next year despite the downturn dragging on other sectors of the global economy. FILE PHOTO: CEO Jan Jenisch of world’s biggest cement
Amazon sales forecast, slower AWS growth disappoint investors
[ad_1] (Reuters) – Shares of Amazon.com Inc fell nearly 6% in early trading on Friday, as investors were let down by a lower-than-expected sales outlook and surprised by slower revenue growth at its lucrative AWS
How SoftBank made WeWork an offer it had to accept
[ad_1] NEW YORK (Reuters) – Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation of one of this year’s most high-profile initial public offerings.
SoftBank to write down minimum $5 billion for WeWork, other losses – Bloomberg
[ad_1] SoftBank has ample funds to endure the pain from its massive bailout of WeWork, analysts said, even as it is reportedly set to write down at least $5 billion (£3.9 billion) due to a
China’s ICBC, world’s largest bank, sees best third-quarter profit rise in five years
[ad_1] A man walks past a branch of Industrial and Commercial Bank of China (ICBC) in Beijing, China April 1, 2019. REUTERS/Florence Lo/Files BEIJING/SHANGHAI (Reuters) – Industrial and Commercial Bank of China (ICBC) (601398.SS), (1398.HK),
Renault looks for new partners, third quarter revenue falls
[ad_1] PARIS (Reuters) – French carmaker Renault (RENA.PA) is on the hunt for new partners to buy its cars and components as it reported a fall in quarterly revenue and pushed ahead on a strategic
Barclays cautions on profit targets despite third-quarter trading boost
[ad_1] LONDON (Reuters) – Britain’s Barclays (BARC.L) said a worsening global economic outlook means it may be hard to meet its profit targets, despite reporting better-than-expected results at its under-pressure investment bank in the third
Client wins help WPP return to quarterly net sales growth
[ad_1] A logo hangs on the wall outside the WPP offices in London, Britain April 30, 2018. REUTERS/Simon Dawson LONDON (Reuters) – WPP (WPP.L) reported a return to quarterly organic sales growth on Friday for