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Business News
Adidas issues profit warning on Russia risks
BERLIN (AP) -- Sports equipment maker Adidas lowered its full-year profit target on Thursday, citing among other things increasing risk in the Russian market amid mounting political tensions over Ukraine....
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Siemens earnings up 27 pct in April-June quarter
BERLIN (AP) -- Siemens says its net profit rose 27 percent in the April-June period after earnings a year earlier were weighed down by restructuring costs, though the strong euro hurt its revenue and new orders figures....
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AB InBev earnings rise, sees US improving
AMSTERDAM (AP) -- Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the World Cup, and it sees an improving economic outlook in the U.S....
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Sanofi 2nd quarter profit surges
PARIS (AP) -- French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast....
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Shell profit up on higher oil prices
AMSTERDAM (AP) -- Royal Dutch Shell PLC, Europe's largest oil company, says second quarter earnings rose on higher production and higher selling prices for oil, and fewer one-time charges....
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