BLOOMBERG Procter & Gamble Co (P&G) raised its sales projection for the fiscal year ending in June, citing higher prices and a slight increase in demand for some of its products. The shares rose the most in three years. The maker of Bounty paper towels and Herbal Essences shampoo said organic sales, which exclude fluctuations, should grow 6% from the ...

BLOOMBERG Bed Bath & Beyond Inc, the big-box retailer that for decades provided essential shopping for college dorms, wedding gifts and new homes, will close all of its stores and liquidate inventory over the next two months after its turnaround failed. The Union, New Jersey-based company filed for Chapter 11 bankruptcy, a move that came months after saying it was ...

BLOOMBERG Berlin’s main airport cancelled all departing flights on Monday amid another round of strikes by ground crew, underscoring ongoing labour tensions in Germany’s travel sector as the crucial summer travel season looms into view. Berlin Brandenburg airport said no departures were possible due to a one-day strike by security control staff. The disruption is the latest to hit a ...