P&G Reports Weak Sales Growth on Lower Beauty Demand

China and the Middle East dragged on performance, CFO says Company maintained its sales outlook for current fiscal year Procter & Gamble Co. posted a second straight quarter of sluggish sales growth, dragged down by minimal price increases and weakness in key...

Italy Car Industry Struggling For Survival, Lobby Group Says

Unions stage protest in Rome over declining production Stellantis has been shuttering plants due to poor demand Italy’s car industry faces an existential threat if manufacturers led by Stellantis NV don’t reverse a trend of declining production in the country,...

Unexpected Surge in US Power Demand Draws Comparison to WWII Era

Wood Mackenzie says some regions face up to 15% growth by 2029 Rise in electricity demand will be major challenge for sector Electricity demand in the US is set to soar for the first time in decades, with growth as high as 15% in some regions over the next five years,...

Another China Briefing Leaves Investors Cold

Get caught up. Another day, another disappointment for China bulls. Anticipation built before officials gathered in Beijing to offer details on the government’s plans to draw a line under the property market’s slump, but what they delivered didn’t quite live up to the...

Euro-Zone Inflation Revised Down for September, Backing ECB Cut

Consumer prices rose 1.7%, rather than 1.8%, Eurostat says Readings for core and services gauges were also lowered Euro-area inflation slowed more than initially reported – cementing the case for a second straight interest-rate cut by the European Central Bank....