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Remy Cointreau Pulls Sales Targets Over Tariff Uncertainty
Remy Cointreau Pulls Sales Targets Over Tariff Uncertainty

Bloomberg

time5 days ago

  • Business
  • Bloomberg

Remy Cointreau Pulls Sales Targets Over Tariff Uncertainty

Remy Cointreau SA withdrew its long-term guidance, blaming uncertainties surrounding tariff policies with the US and China and a stunted recovery in the American market. The Remy Martin Cognac maker, which last month announced that Franck Marilly would take over as chief executive officer, scrapped its targets for the 2029-30 financial year. For the current year, it forecast organic sales growth returning to a mid-single digit rate.

Eurozone's Economic Outlook Picks Up After Tariff Turmoil Abates
Eurozone's Economic Outlook Picks Up After Tariff Turmoil Abates

Wall Street Journal

time27-05-2025

  • Business
  • Wall Street Journal

Eurozone's Economic Outlook Picks Up After Tariff Turmoil Abates

Confidence in the economic outlook in the euro area recovered modestly this month as consumers and industry shook off some of the turmoil prompted by the Trump administration's tariff policies in April, a monthly survey published Tuesday said. The European Commission said its Economic Sentiment Indicator edged up to 94.8 this month from 93.8 in April, stronger than the 94.0 expected by economists polled by The Wall Street Journal.

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