By Dominique PattonPARIS (Reuters) - L’Oreal reported a rise in first-quarter sales on Thursday, beating expectations for slower growth, as strong demand for its creams and perfume in Europe helped counter challenging conditions in the United States.The French group, which makes Maybelline mascara and Kiehl’s skincare, posted like-for-like sales up 3.5%, though they were inflated 2 percentage ...
Investing.com – Russia stocks were higher after the close on Thursday, as gains in the Oil & Gas, Power and Manufacturing sectors led shares higher.At the close in Moscow, the MOEX Russia Index rose 0.10%.The best performers of the session on the MOEX Russia Index were Rosneft PJSC (MCX:ROSN), which rose 5.83% or 26.35 points to trade at 478.60 at the close. Meanwhile, AK ALROSA PJSC (MCX:AL ...
Investing.com -- Hewlett Packard Enterprise’s (NYSE:HPE) board of directors is expected to meet in the coming days to discuss a proposal from Elliott Investment Management to replace CEO Antonio Neri, according to Semafor, citing people close to the company. Neri, a company veteran who has led HPE since 2018, has come under scrutiny amid challenges in shareholder performance and strategic execut ...
Investing.com -- Generali (BIT:GASI) Investments Holding SpA, an asset management firm, and Partners Group, an investment firm, are collaborating to launch a private credit secondaries fund. This information comes from a statement that was seen and reported on by Bloomberg News.The private credit secondary market, a place where limited partners can sell their stakes to other institutional investor ...