The cost of so-called 'stranded assets' as the world moves away from fossil fuels could cause substantial falls in exporters' sovereign credit ratings in the coming decades, a new report from Fitch said on Monday.
London's FTSE 100 rose on Monday, as mining and energy stocks tracked strong gains in commodity prices and investors were hopeful that global vaccine rollouts would quicken the economic recovery this year.
French tycoon Vincent Bollore will retain strong influence over Universal Music Group as a major shareholder following its planned 30-billion-euro ($36 billion) spin-off on the stock market by media conglomerate Vivendi .
French tycoon Vincent Bollore will retain strong influence over Universal Music Group as a major shareholder following its planned 30-billion-euro ($36 billion) spin-off on the stock market by media conglomerate Vivendi .
Growth levels should continue into start of 2021 - CEO Forecasts ‘fiesta’ for make-up, perfume post pandemic Agon set to hand over CEO role to Nicolas Hieronimus (Recasts with outlook for 2021)
PARIS, Feb 12 (Reuters) - L’Oreal, the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a “roaring 20s” when people get dressed up and go out again to socialise.
Shares in L’Oreal, owner of brands such as Maybelline, Lancome and Garnier, rose on Friday after the group reported higher than expected fourth-quarter sales growth, broadly outperforming a cosmetics market hit hard by the pandemic.