Frank Connelly

Remy Cointreau SA sales slumped in the first quarter of its fiscal year as the Cognac maker suffered from falling demand in the US and tougher markets in Southeast Asia.

L’Oreal SA said it’s buying a 10% stake in Swiss skincare company Galderma Group AG to benefit from its range of dermatological products.

L’Oreal SA is buying a 10% stake in Galderma Group AG, a Swiss maker of injectable skin fillers, with the two agreeing to collaborate on new products to reduce the signs of aging.

Rexel SA shares rose the most in four years after the French electrical equipment supplier rejected a more than $9 billion takeover bid from QXO Inc.

Five women say they were raped by former Harrods owner Mohamed Al Fayed when they worked at the London department store, while more than 20 claim they were sexually assaulted by the late billionaire, the BBC reported.

Honeywell International Inc. plans to spin off its advanced materials division, the latest move by the industrial conglomerate to reshape its portfolio and streamline its holdings.

Stellantis NV’s global vehicle shipments slumped by a fifth in the third quarter as the automaker tries to trim its bloated inventories.

Vivendi SE said investor CIAM has filed with the Paris Commercial Court to postpone its shareholder meeting scheduled for next month and delay its plan to break up the company.

Honeywell International Inc. is exploring a separation of its aerospace business as the industrial company faces calls from activist Elliott Investment Management for a breakup.

French power provider Engie SA increased its sales of clean energy last year, signing new contracts with companies including Meta Platforms Inc. in the US and German chemical maker BASF SE.