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LONDON: Unilever’s growth fell just short of estimates last quarter on disappointing sales of ice cream in Europe and black tea across the developed world.
LONDON: Tesco Plc chief executive officer Dave Lewis (pic) is stepping down next summer and will be succeeded by a surprise choice, Walgreens Boots Alliance Inc’s Ken Murphy.
PETALING JAYA: Tenaga Nasional Bhd (TNB) posted a 9.8% year-on-year decline in net profit to RM1.12bil for the second quarter of the financial year ending Dec 31,2019 (FY19), bringing its net profit for the first half of the year to RM2.67bil.
KUALA LUMPUR: Power giant Tenaga Nasional posted net profit of RM1.116bil in the second quarter ended June 30,2019, a decline of 7.7% from the RM1.237bil a year ago due to larger forex translation loss and higher finance costs.
LONDON: Tesco, Britain’s biggest retailer, said sales growth slowed in its latest quarter, blaming a subdued overall market that has been hampered by poor early summer weather, sending its shares lower yesterday.
PETALING JAYA: Utility giant Tenaga Nasional Bhd (TNB) sold more electricity in the first quarter ended March 31, raking in an additional sales value of almost RM1bil.
KUALA LUMPUR: Tenaga Nasional Bhd posted lower net profit in the first quarter ended March 31, 2019 on higher forex translation losses and higher finance costs.
PETALING JAYA: Spritzer Bhd is a beneficiary of the heatwave that is enveloping the country.
LONDON: Superdry Plc plunged after the UK apparel retailer said unseasonably hot weather would shave £10mil (US$13mil) off its 2019 profit.
TOKYO: Japan's household spending jumped in August at the fastest annual pace in three years as bigger bonuses boosted consumption, suggesting robust domestic demand could help offset ill-effects from escalating trade frictions