• Reuters

    Kering shares slump after luxury company warns of H1 operating profit drop

    Kering's shares slumped on Wednesday, after the French luxury goods company warned it expected a 40% to 45% plunge in first-half operating profit. Kering shares were down 8.5 percent in early session trading, dragging down slightly the shares of its French rivals LVMH and Hermes. Late on Tuesday, Kering warned of the likely drop in first-half operating profit as it also reported that first-quarter sales had declined as wealthy shoppers curbed spending on products from its star label Gucci.

  • Thomson Reuters StreetEvents

    Q1 2024 Option Care Health Inc Earnings Call

    Q1 2024 Option Care Health Inc Earnings Call

  • Sky News

    NATO target for defence spending should rise due to 'more dangerous world', Grant Shapps says

    Defence Secretary Grant Shapps has said he wants the new NATO target for defence spending to increase from the current 2% of gross domestic product to 2.5%. Mr Shapps said it would make a "real difference" if the countries signed up to the military alliance met his proposed target. "I will be arguing that, and I know that the prime minister feels strongly about it, when we go to the NATO 75th anniversary summit which is in Washington DC."