COVID

Alibaba Beats Expectations For Revenue Despite Flat Growth

China's Alibaba Group Holding Ltd beat market expectations for revenue in the quarter ending late June, even though growth was flat for the first time...

JD.com Beats Revenue Estimates But CEO Cautious Over COVID Outbreaks

E-commerce group JD.com beat estimates for quarterly revenue as more people shopped on its platform following COVID lockdowns in China, but its CEO remains...

Estée Lauder Cuts Profit Forecast On China COVID Curbs, Ukraine Crisis

Estée Lauder Cos Inc cut its full-year profit forecast as fresh COVID-19 curbs in China and the suspension of operations in Russia following the inv...

East African Breweries Sees Lingering COVID Concerns After Strong H1

East African Breweries is cautiously optimistic about the prospects for its second half, its chief executive said, adding the threat posed by the COVID-19...

German Consumer Morale Darkens On Fourth COVID Wave: GfK

German consumer morale is projected to deteriorate further at the start of next year as the spread of the Omicron coronavirus variant is clouding the outlo...

Greece Pledges More Support For Businesses As Shops Reopen

Greece will provide more financial aid to businesses hit by coronavirus restrictions in April, the finance minister said on Monday, as shops reopened despi...

UK Sees Record Q3 Retail Sales Growth On COVID Rebound

British retail sales beat expectations last month and grew for a fifth month in a row, capping a record quarter of growth that took total sales volumes to...

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