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Coty considering sale of its professional hair, nail units

Bloomberg Coty Inc, under pressure to turn its business around, is considering a sale of its professional hair and nail products unit that includes the brands Wella, Clairol and OPI. The shares surged the most in more than five months. The cosmetics company hired Credit Suisse to help it explore options for the professional business, which sells to salons and ...

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P&G gains after posting strong sales growth

Bloomberg Procter & Gamble (P&G) Co climbed after raising the high end of its full-year sales forecast and posting organic sales growth across all its divisions. Organic sales, which exclude things like acquisitions and currency fluctuations, rose 7% in its fiscal first quarter, topping the average of analysts’ projections for 4.8% growth. Revenue in fiscal 2020 will increase 3% to ...

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UAE a major player in global energy sector: Al Mazrouei

ABU DHABI / WAM Suhail Al Mazrouei, Minister of Energy and Industry, affirmed that UAE is a leading player in global energy sector. He attributed this to its role in finding creative solutions to the challenges of energy sustainability and the diversification of sources of energy, as well as the formulation of a new energy landscape for sustainability and conservation ...

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