Clariant hikes sales guidance as chemicals maker passes on costs
Speciality chemicals maker Clariant (CLN.S) raised its full-year sales guidance on Thursday and said it was confident of passing on an “unprecedented” increase in raw…
Category: Business
Sony ekes out 1% Q2 profit rise as PS5 costs squeeze margins
Japan’s Sony Group Corp (6758.T) on Thursday squeezed out a surprise 1% rise in operating profit for its second quarter though costs from growing sales…
Global green bond issuance could pass $1 trln next year, survey says
Investors expect global green bond investment to double and reach $1 trillion for the first time in a single year by the end of 2022,…
Stellantis sales drop as chip crisis cuts output by 600,000
Stellantis (STLA.MI), the world’s fourth largest automaker, on Thursday reported a 14% fall in third-quarter revenue on a pro-forma basis after semiconductor shortages cut planned…
China calls for overhaul of farm subsidy rules under WTO
China on Thursday called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World…
Japan’s Takeda announces share buyback as profit climbs
Japan’s Takeda Pharmaceutical Co (4502.T) said on Thursday half-year profit jumped and the drugmaker would buy back shares it viewed as undervalued. Operating profit rose…
Global advertising giant WPP upgrades outlook again
WPP (WPP.L), the world’s biggest advertising company, raised its sales guidance again on Thursday and said that much better than expected third-quarter trading showed a…