Danone (BN FP) sees up to EUR 70mln hit from baby formula recalls, Bloomberg reports
Danone's potential EUR 70 million impact from baby formula recalls is significant, suggesting operational challenges that could strain profit margins.
US President Trump says the Democrat shutdown cost the US at least two points in GDP and that is why they are doing it, in mini form, again; reiterates criticisms against Fed Chair Powell and calls for lower interest rates
UK set to name ex-Amazon (AMZN) UK Chief Doug Gurr as permanent chair of the CMA, according to Sky News
Danone (BN FP) sees up to EUR 70mln hit from baby formula recalls, Bloomberg reports
Iranian Foreign Minister Araghchi says they do not consider Americans as their enemy, but consider the government's policies as hostile against Iran; when the hostilities stop, then they can perhaps consider a different kind of relationship
PPL Corporation (PPL) Q4 2025 (USD): Adj. EPS 0.41 (exp. 0.42), Revenue 2.27bln (exp. 2.23bln); sees FY26 EPS at 1.90-1.98 (exp. 1.95)
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This development raises concerns about their overall outlook and may influence market sentiment not just for Danone, but also for peers in the packaged food sector, as it highlights risks associated with product safety and consumer confidence.
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