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Danone SA
Danone plans to sell Russian operations to Chechnya-linked businessman
...being imprisoned — Danone took a different tact....
February 21, 2024
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
Danone set to raise dividend 5% after strong 2023 sales
...Danone said on Thursday it would raise its dividend 5 per cent this year and was confident in its strategy for 2024 after strong sales last year....
February 22, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Danone SA
Danone lifts dividend as turnaround starts to pay off
...“We’re moving from a phase of playing defence to playing offence at Danone....
February 22, 2024
Western business, the Kremlin and the war
Danone’s Chechen takeover: inside a Russian expropriation
...When a group of Chechens with links to their region’s strongman leader Ramzan Kadyrov showed up this summer to seize control of Danone’s operations in Russia, the company began receiving frightened calls...
December 8, 2023
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
S&P 500 and Nasdaq post fifth session loss in a row
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
April 18, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
S&P downgrades Israel’s long-term rating over ‘heightened geopolitical risk’
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
April 19, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
News updates from April 18: Netflix profits surge; Jurors selected for Trump’s ‘hush money’ trial
S&P 500 and Nasdaq post fifth session loss in a row
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
April 18, 2024
Nestlé S.A.
Nestlé sales miss forecasts as higher prices hit demand
...The company, which owns S.Pellegrino and Acqua Panna, also revealed it launched a review of its natural mineral water operations in several countries in response to concerns that these might not be in line...
February 22, 2024
News updates from April 18: Netflix profits surge; Jurors selected for Trump’s ‘hush money’ trial
S&P 500 heads for first five-session losing streak since October
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
April 18, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
S&P 500 falls for third straight week as Nvidia notches worst day since 2020
...The blue-chip S&P 500 dropped 0.9 per cent on Friday, capping its longest losing streak since October 2022. It fell for the third week in a row, losing 3.1 per cent across five sessions....
April 19, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
S&P 500’s energy sector jumps as oil rises and Morgan Stanley turns bullish
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
March 25, 2024
News updates from July 26: Federal Reserve raises rates, Billionaire Joe Lewis surrenders to US authorities over insider trading charges
Danone writes down an additional €200mn on seized Russia business
...Danone will also write down a €500mn non-cash forex translation difference it had accumulated against the ruble, which it noted had “no impact on the group’s total equity”....
July 26, 2023
News updates from July 19: Goldman Sachs profit tumbles as slowdown hits trading, UK inflation falls more than expected in June
Kremlin appoints Chechnyan official to run Danone Russia
...Russia has appointed a senior official from Chechnya to run Danone’s assets in the country after President Vladimir Putin nationalised them earlier this week....
July 18, 2023
Live news updates from July 18: BBC hires Deloitte to review procedures, Morgan Stanley profits fall
Kremlin appoints Chechnyan official to run Danone Russia
...Russia has appointed a senior official from Chechnya to run Danone’s assets in the country after president Vladimir Putin nationalised them earlier this week....
July 18, 2023
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
What to watch in Europe today
...Earnings: In a busy day for European earnings, full-year results are due from UK high-street lender Lloyds Banking Group, French yoghurt maker Danone, Swiss food giant Nestlé, German premium carmaker Mercedes-Benz...
February 22, 2024
FT Live
Attracting and Retaining Global Talent
How are countries, cities and companies competing for the best workforce?
Wednesday, 24 April44 Grosvenor Sq, London W1K 2HP, UK
LexWar in Ukraine
Danone/Carlsberg: expropriation escalates Russia’s war on business Premium content
...Many have incurred steep losses: French bank Société Générale took a €3.3bn hit. Danone was expected to make a €1bn loss on selling the assets Russia has snatched instead....
July 19, 2023
Mondelez International Inc
Mondelez chief says investors do not ‘morally care’ if groups stay in Russia
...Now that a large majority are still operating with little chance of leaving, chief executives are beginning to be more transparent about their reasons for staying in Russia, particularly since Danone and...
February 22, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
S&P 500 notches first gain of the second quarter
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
April 3, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
S&P 500 notches first gain of the second quarter
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
April 3, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
S&P 500 notches best quarter in five years
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
March 28, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
S&P 500 closes at record high in broad rally
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
March 27, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Strong US inflation data keeps 90% of S&P 500 stocks in the red
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
April 10, 2024
News updates from April 12: ECB keeps interest rates on hold; OJ Simpson dies aged 76
S&P 500 heads for biggest one-day drop in more than two months
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
April 12, 2024
Scoreboard
F1’s new Red Bull problem Premium content
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
March 9, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
S&P 500 falls from record high to start second quarter on back foot
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
April 1, 2024

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