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Walgreens’ outlook spooks investors

  Bloomberg Walgreens Boots Alliance Inc maintained its guidance for 2022 earnings even as the drugstore chain beat Wall Street’s estimates for fiscal third-quarter profit and revenue, another hiccup after it abandoned the planned sale of its UK pharmacy unit. Adjusted earnings were 96 cents a share, Walgreens said in a statement, compared with the average estimate of 94 cents, ...

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Australian PM visits France to repair ties after sub fight

Bloomberg Australian Prime Minister Anthony Albanese promised a “new dawn” in relations with France after arriving in Paris for a meeting to repair relations damaged over the unexpected cancellation of a billion-dollar submarine contract in 2021. Outside the Elysee palace, the premier was greeted by President Emmanuel Macron who said he too wanted to “speak about the future” and doesn’t ...

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China hits back at New Zealand’s Ardern after Nato comments

Bloomberg China has responded to New Zealand leader Jacinda Ardern’s warning at the Nato summit that Beijing is becoming increasingly assertive and more willing to challenge international norms. “We have taken note of the relevant comment made by the New Zealand side at the Nato session, which includes some misguided accusations against China,” a spokesperson at the Chinese Embassy in Wellington said in a statement on its website dated June 30. The prime minister’s comments are “wrong” and “regrettable,” the statement said. “It is obvious that such comment is not helpful for deepening mutual trust between the two countries, or for the efforts made by the two countries to keep our bilateral relations on the right track,” the ...

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