BUSINESS

The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018.

Carlyle's 41% Profit Rise In Q1 Misses Estimates

Carlyle Group Inc posted a lower-than-expected 41% year-on-year rise in first-quarter distributable earnings on Thursday, as market volatility prevented the private equity firm from cashing out on assets as much as some analysts expected.

Japan Tobacco Considers Sale Of Russian Operations

Japan Tobacco's cigarette products are pictured in Tokyo, Japan January 17, 2018.
Japan Tobacco (JT) said on Thursday it was considering selling its Russian operations after suspending investment and marketing activities in the country last month following Moscow's invasion of Ukraine.
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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 15, 2022.

Strong Earnings Spur Rally Across European Stocks

European shares moved further off six-week lows hit last session as forecast-beating results from companies including energy major TotalEnergies and automaker Volvo Car helped set aside worries about slowing global economic growth.
A bartender holds a glass of Carlsberg beer in a bar in St. Petersburg June 17, 2014.

Carlsberg Says Rising Beer Prises Not Hurting Sales

Danish brewer Carlsberg said on Thursday rising consumer prices had not dented demand for beer, as it geared up for further price increases in some markets later this year to make up for soaring commodity costs.
Unilever logo is displayed in this illustration taken on January 17, 2022.

Unilever Warns Of More Price Hikes As Cost Pressures Build

Unilever raised prices by over 8% in the first quarter and warned more hikes were on the way as the maker of Dove soap and Ben & Jerry's ice cream lifted its cost inflation forecast for the second half of the year due to the Ukraine conflict.
Billionaire investor Warren Buffett's home is pictured, in Omaha, Nebraska, April 27, 2022. Picture taken April 27, 2022.

Factbox-Warren Buffett, Berkshire Hathaway At A Glance

Warren Buffett is welcoming tens of thousands of people to Omaha, Nebraska for the first time since 2019 to attend the annual shareholder weekend for Berkshire Hathaway Inc, including the company's annual meeting on April 30.
Billionaire investor Warren Buffett's home is pictured, in Omaha, Nebraska, April 27, 2022. Picture taken April 27, 2022.

Warren Buffett, Berkshire Hathaway At A Glance

Warren Buffett is welcoming tens of thousands of people to Omaha, Nebraska for the first time since 2019 to attend the annual shareholder weekend for Berkshire Hathaway Inc, including the company's annual meeting on April 30.
Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany,  August 14, 2019.

Ukraine War, Inflation Drives Q1 Jump In Gold Demand, WGC Says

Global demand for gold surged 34% year-on-year in the first quarter to the highest in over three years, driven by investors worried about Russia's invasion of Ukraine and rising inflation, the World Gold Council (WGC) said in a report on Thursday.

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