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19 Jan

Burberry bullish on profit as outerwear and leather goods sales soar

British luxury brand Burberry expects to beat profit expectations after its full-price sales accelerated in the third quarter, driven by a strong performance in outerwear and leather goods and a material improvement in Asia and Europe.

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19 Jan

Chip supplier ASML forecasts strong 2022 despite fire hit

ASML forecast sales growth of 20% in 2022 despite a fire this month at its Berlin plant as the supplier to chipmakers on Wednesday reported better-than-expected fourth-quarter profit.

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19 Jan

Burberry lifts profit guidance after full-price sales accelerate

LONDON (Reuters) -Luxury brand Burberry said its profit would beat market expectations as its full-price sales accelerated in the third quarter, driven by a strong performance in outerwear and leather goods and a material improvement in Asia and Europe.

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19 Jan

KPMG fined $5.8 million over Conviviality audit in Britain

Britain's accounting watchdog on Wednesday fined KPMG 4.3 million pounds ($5.85 million) for audits of convenience store chain Conviviality.

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19 Jan

ASML profit beats despite Berlin fire; sees 20% sales growth in 2022

AMSTERDAM (Reuters) -ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings of 1.77 billion euros ($2.01 billion) and said it expected sales growth of 20% in 2022.

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19 Jan

Burberry lifts profit outlook after full-price sales accelerate

LONDON (Reuters) -Luxury brand Burberry said annual profit would beat market expectations as its full-price sales accelerated in the third quarter, driven by a strong performance in outerwear and leather goods and a material improvement in Asia and Europe.

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19 Jan

Big Credit Suisse investor Harris backs new chairman - paper

One of the largest shareholders of Credit Suisse has backed the embattled bank's new chairman, Axel Lehmann, the Tages-Anzeiger newspaper said on Wednesday.

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