Soraya Benchikh has been appointed as the new CFO of British American Tobacco, bringing extensive leadership and finance experience to the role.
Deutsche Lufthansa outperforms Q3 earnings expectations and expects strong demand for air travel.
Gasoline prices in the US have been falling while oil prices remain high. The oversupply of gasoline due to excessive production by refineries is driving prices lower.
Pizza Hut and Taco Bell, owned by Yum Brands, are thriving despite inflation concerns. Pizza Hut saw a 6.4% increase in visits, while Taco Bell saw a 3% increase. KFC, another Yum Brand, faced a decline in visits. Fast food chains like McDo...
Uniper reports a profit of 9.77 billion euros in the first nine months of 2020 due to lower commodity prices and the release of provisions, with a positive outlook for the future.
China's manufacturing activity unexpectedly contracts in October, with the official PMI falling to 49.5, below forecasted expectations. The subindex for production and new orders also decline, indicating fresh challenges for the sector.