United States

Nikhil Nainan

Fonterra says it is too early to discuss job impact from organisational changes

Sep 10 2019

Sept 11 Fonterra Co-Operative Group Ltd , the world's biggest dairy exporter, said on Wednesday that it will make organisational changes but it was too early to say how many jobs may be affected as it shifts focus back home to New Zealand.

UPDATE 3-Australia's Myer turnaround strategy bears fruit with online sales showing promise

Sep 04 2019

Sept 5 Australian department store operator Myer Holdings Ltd swung back to an annual profit on Thursday as a turnaround strategy of ditching low-margin brands and cutting floorspace put the struggling retailer back on track.

UPDATE 3-Bellamy's Australia FY profit sours amid China regulator woes

Aug 27 2019

* Investors hoped for quicker turnaround - portfolio manager (Adds details, CEO comment, and updates share movement)

Australia's Afterpay boosts U.S. presence amid regulatory scrutiny

Aug 27 2019

Afterpay Touch Group , a loss-making Australian buy-now-pay-later company, said growth in the United States was exceeding its expectations, giving its shares a boost amid heightened regulatory scrutiny at home.

UPDATE 2-Australia's Boral warns profit to fall further, shares plunge

Aug 26 2019

* Boral underlying net profit A$440.1 mln vs forecast A$476 mln

UPDATE 2-Qantas posts 17% fall in profit but shares up as buyback announced

Aug 21 2019

* CEO declines to provide revenue outlook (Recasts, adds CEO, analyst comments)

UPDATE 2-New Zealand's a2 Milk flags higher marketing spend as 'daigou' sales dry up

Aug 20 2019

* Shares fall nearly 15% after annual profit misses expectations

Australia shares set for sharp weekly decline as recession fears grow

Aug 15 2019

Aug 16 Australian shares were little changed on Friday as recession fears offset the boost from financial stocks with the benchmark on track to post its third straight week of declines.

Recession fear grips Australia, NZ stock markets

Aug 15 2019

Aug 15 Australian and New Zealand shares fell sharply on Thursday as investors sold off equities globally in search of safety after a drop in a U.S. bond yield curve highlighted the risk of recession.

Australia, NZ shares fall prey to global recession fears

Aug 14 2019

* U.S. bonds signal recession, send shivers through world markets

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