PARIS, Feb 10 (Reuters) - Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo's plans to revive the Gucci owner's flagging fortunes.
Sales reached 3.9 billion euros ($4.64 billion), down 3% from the previous year when adjusted for currency swings. That beat analysts' consensus forecast for a 5% drop, according to Visible Alpha.
The revenue drop was 10%... (continue reading...)
DHAKA, Feb 10 (Reuters) - Bangladeshis will head to the polls on Thursday, with nearly 128 million people eligible to vote, in a key test of the country’s return to democracy after a popular uprising toppled long‑time leader Sheikh Hasina in August 2024.
Here are the main election issues in the nation of 175 million, which has been governed by an unelected interim administration since Hasina’s chaotic fall.
CORRUPTION
Feb 10 (Reuters) - German software developer TeamViewer forecast on Tuesday annual revenue growth of between 0% and 3% in 2026, with an adjusted core profit (EBITDA) margin of about 43% as high market volatility led to a cautious approach to its guidance.
The firm said its fourth quarter pro-forma revenue was 2% year-on-year at 194.6 million euros ($231.69 million), above an LSEG-compiled consensus of 192.6 million euros. It reported pro-forma... (continue reading...)
By James Davey
LONDON, Feb 10 (Reuters) - Five years after Tesco boss Ken Murphy warned that rapid-delivery startups could inflict "death by a thousand nibbles" on Britain's major supermarkets, the UK's biggest food retailer has turned the threat into an advantage.
Its own fast-delivery service, Whoosh - store-to-door groceries in as little as 20 minutes - is expanding quickly and becoming a meaningful driver of online sales.
... (continue reading...)By Krishna N. Das and Ruma Paul
DHAKA, Feb 10 (Reuters) - Less than two months after returning from nearly two decades of self‑imposed exile in London, Tarique Rahman could win one of Bangladesh's most pivotal elections and become prime minister, leading the country as his parents once did.
If opinion polls hold, Thursday's election would mark a remarkable reversal of fortune for the soft‑spoken 60‑year‑old, who left the country in 2008... (continue reading...)
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