ZURICH Shares in luxury goods group Richemont fell over 5% on Friday after it said political protests in Hong Kong weighed on first half sales and reported higher than expected losses at recently-acquired online distributors.
ZURICH Barry Callebaut , which makes chocolate and cocoa products for firms like Nestle and Unilever , stuck to a sales volume growth target of 4-6% over the next three years, counting on new outsourcing deals to fuel growth.
ZURICH Swiss supreme court judges are members of political parties, they may rely on their party's support to be elected and re-elected, and they donate thousands of francs a year to party coffers.
* GRAPHIC-Judges' party contributions: https://tmsnrt.rs/2P9FWwl
ZURICH/LONDON Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales have come off the boil in the once-booming economies of China and India could set alarm bells ringing.
ZURICH, Oct 17 Food group Nestle plans
to return up to 20 billion Swiss francs ($20.13 billion) to
shareholders over the next three years and reorganise its
struggling waters business after organic sales growth slowed in
the third quarter.
* Company veteran James Walker named to replace Bouee
(Adds further reaction, context)
ZURICH Telecoms group Sunrise Communications will next week present a new evaluation with revised savings of its planned takeover of Liberty Global's Swiss business UPC, in a bid to win sufficient shareholder support for the deal.
ZURICH Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal.