Remy Cointreau’s shares rise as investors bet on recovery
Remy Cointreau’s (RCOP.PA), shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply. The maker of Remy Martin cognac and Cointreau liquor faced difficulties throughout the year in the United States and China, which make up the vast majority of cognac sales. A tough economy […]
Germany cancels arrest warrant for Lebanon’s ex-central bank chief
German authorities have cancelled their arrest warrant for Lebanon’s former central bank chief for technical reasons, but are continuing their probe and keeping his assets frozen, the Munich prosecutor’s office told Reuters on Wednesday. Riad Salameh, 73, was Lebanon’s central bank governor for 30 years until July 2023. In his final months as governor, Germany […]