Deutsche Post lifts 2019 forecast amid price hikes

Source: Dukascopy Bank SA
On Tuesday, Deutsche Post DHL stated it had raised its 2019 forecast, expecting earnings improvement in the H2, following the restructuring measures and hikes in prices of the German parcels and postage.
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Tue, 06 Aug 2019 09:08:47 GMT

Vivendi considers Universal Music Group's stake sale

Vivendi has entered talks over a 10% stake of Universal Music Group to China's tech group Tencent, seeking to expand its footprint in Asia.

Tue, 06 Aug 2019 07:24:56 GMT

US Barneys files for Chapter 11 bankruptcy

On Tuesday, Barneys New York, the US luxury chin of department stores, has filed for the Chapter 11 bankruptcy protection, putting itself up for a sale, as the company faced surging rents and failed in finding a buyer for itself.

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