Hurt
L’Oreal sales hurt by deepening demand slowdown in China
L’OREAL posted disappointing sales last quarter as the beauty company suffers from worsening consumer demand in China.Like-for-like sales in North Asia, which includes China, fell 6.5 per cent in...
China’s wild stock market swings hurt a US$21 trillion bull case
CHINA’S 200 million-strong army of retail investors was supposed to help the market turn a corner. Instead, it has become a source of weakness.The country’s US$9.7 trillion stock market...
Stellantis CEO says tax hikes in France will hurt investment
STELLANTIS chief executive officer Carlos Tavares said plans by France to raise corporate taxes will hurt investment.“We are doing a short-term choice that will penalise the medium term,” Tavares...
Malaysia’s Starbucks operator hurt by anti-Israel boycott
BERJAYA Food, which operates the Starbucks coffee chain in Malaysia, posted a loss in the fourth quarter as consumer sentiment on the Middle East conflict hurt sales.
The company, part...
Massive fires to hurt sugar output in top supplier Brazil
An unprecedented outbreak of fires that hit sugar cane fields in the world’s top exporter Brazil over the weekend is set to impact global supply of sweetener and elevate...
Burger King owner’s sales hurt by deepening restaurant slump
RESTAURANT Brands International’s sales grew less than anticipated in the second quarter, the latest sign of consumer malaise hitting restaurants.
The company missed estimates for sales growth at restaurants open...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
AMC Entertainment Holdings posted a loss for the second quarter compared to a profit in the same period last year hurt by the lingering impact of last year’s dual...
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Nicole Scherzinger Apologizes for “Hurt” Caused by Controversial Instagram Comment – E! Online