Reuters

3721-3750 (out of 14429)

Coty Rides Beauty Boom, Beats Revenue Estimates

Coty Inc on Thursday beat Wall Street expectations for fourth-quarter revenue and said the beauty category was blemish free with no signs of slowing in the face of decades-high inflation, lifting its shares up about 11% in morning trade.

Citigroup Says It Will Close Russian Consumer Business

Wall Street giant Citigroup Inc will close its consumer and commercial banking businesses in Russia starting this quarter and expects to incur about $170 million in charges over the next 18 months as a result, the company said on Thursday.

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