L’Oreal posts rise in sales despite challenging US market
PARIS (Reuters) -L’Oreal reported a 3.5% rise in like-for-like first-quarter sales on Thursday, beating expectations for slower growth, as strong demand for its face creams and perfume in Eur...
Chinese tea chain Chagee valued at $6.2 billion in strong Nasdaq debut
(Reuters) -Chinese tea chain Chagee secured a valuation of $6.2 billion after its shares gained 21% in the Nasdaq debut on Thursday. The company’s American depositary shares opened a...
US judge to decide on starting bid in Citgo parent auction following hearing
HOUSTON (Reuters) - A U.S. court is expected to confirm or reject in coming days a $3.7 billion offer by an affiliate of Contrarian Funds aimed at setting a floor for a new bidding round for ...