Lululemon expects better margins to boost profit this year(Reuters) - Canadian retailer Lululemon Athletica Inc said it expected improved margins and sales to drive its earnings growth this year, sending its shares up 10 percent in morning … More »Lululemon expects better margins to boost profit this year
(Reuters) - Canadian retailer Lululemon Athletica Inc said it expected improved margins and sales to drive its earnings growth this year, sending its shares up 10 percent in morning trading. Lululemon, known for its upscale yoga-wear, said it planned to improve margins by reining in costs through a shift to ocean freight …
Thousands of jobs at risk as Tata Steel seeks British exitLONDON/MUMBAI (Reuters) - Tata Steel wants to sell Britain's biggest steelmaker, putting thousands of jobs at risk and forcing the government to seek a solution ahead of an EU referendum … More »Thousands of jobs at risk as Tata Steel seeks British exit
LONDON/MUMBAI (Reuters) - Tata Steel wants to sell Britain's biggest steelmaker, putting thousands of jobs at risk and forcing the government to seek a solution ahead of an EU referendum dominated by concerns about the economy. After a lengthy board meeting in Mumbai, Tata Steel said it would end its almost decade-long …
The company, battered by a 60 percent slide in oil prices since mid-2014, said in a regulatory filing there was substantial doubt about its financial viability. SandRidge is one of dozens of oil and gas companies with piles of debt that look increasingly difficult to pay as revenues, oil and gas output, and reserves tumble …
By Alistair Smout LONDON (Reuters) - Britain's top share index climbed to a one-week high on Wednesday, boosted by its heavily weighted mining sector after Federal Reserve Chair Janet Yellen called for ...
BARCELONA, Spain (Reuters) - Spain's Banco Sabadell (SABE.MC), which last year bought Britain's TSB from Lloyds (LLOY.L), is not planning to make any more acquisitions in the United Kingdom, Chairman Josep ...
LONDON - British authorities appealed for time Wednesday to save the country's biggest steel maker after parent company Tata Steel said it couldn't promise to keep plants open while it seeks a buyer.
Britain's Premier Foods (PFD.L) agreed on Wednesday to hold talks with McCormick & Co (MKC.N) after the U.S. company raised its takeover proposal for a second time, pushing for a deal that would boost its stable of kitchen cupboard brands. McCormick raised its takeover proposal to 65 pence per share, aiming to break a …
TOKYO - Japanese regulators on Wednesday approved the use of a giant refrigeration system to create an unprecedented underground frozen barrier around buildings at the wrecked Fukushima nuclear plant in ...
Oil futures rose 3 percent Wednesday, rallying in tandem with share prices on Wall Street and in reaction to a weaker dollar, ahead of U.S. government data likely to show a smaller build in crude inventories in the latest week. The International Energy Agency's remarks downplaying expectations for a deluge of Iranian oil …
Italian prosecutors are investigating Royal Dutch Shell (RDSa.L) as part of a probe into the acquisition of an off-shore oil field in Nigeria, the Anglo-Dutch company said on Wednesday. "We can confirm we have received notice of proceedings from the Public Prosecutor in Italy," a Shell spokesman said. Earlier on Wednesday …
(Reuters) - The U.S. Food and Drug Administration said it would allow the use of an experimental test …
