Estee Lauder (EL.N) said on Wednesday that its annual profit forecast has come in below Wall Street expectations, as the cosmetics giant continues to face weakness in the United States and China alongside uncertainty over tariffs.
Shares of the company fell by around 12% in pre-market trading. Management warned that tariff-related pressures could reduce fiscal 2026 earnings by about $100 million.
Luxury groups and retailers, including Estee Lauder, have been affected by consumers tightening their spending as prices rise under U.S. President Donald Trump’s sweeping import tariffs. The company now expects full-year adjusted earnings per share of between $1.90 and $2.10, compared with analysts’ estimates of $2.21, according to LSEG data.
Ukraine’s air force reported early on Wednesday that Russian drones had entered Polish airspace, posing a potential threat to the southeastern city ...
Moldovan President Maia Sandu has warned that her country faces a “race against time” to protect its democracy from attempts by Russia to influenc...
UK Prime Minister Keir Starmer met NATO Secretary General Mark Rutte in London on Tuesday to discuss Israel’s recent strike on the Hamas delegation ...
U.S. President Donald Trump has stated that Israel’s recent strike on Hamas leadership in Doha, Qatar, was a decision made solely by Israeli Prime M...
A North Carolina man has been charged by the U.S. Justice Department over the fatal stabbing of a Ukrainian refugee on a commuter train, a crime that ...
Ukraine’s air force reported early on Wednesday that Russian drones had entered Polish airspace, posing a potential threat to the southeastern city of Zamość.
Moldovan President Maia Sandu has warned that her country faces a “race against time” to protect its democracy from attempts by Russia to influence the upcoming parliamentary elections.
UK Prime Minister Keir Starmer met NATO Secretary General Mark Rutte in London on Tuesday to discuss Israel’s recent strike on the Hamas delegation in Qatar and ongoing developments in Ukraine.
U.S. President Donald Trump has stated that Israel’s recent strike on Hamas leadership in Doha, Qatar, was a decision made solely by Israeli Prime Minister Benjamin Netanyahu, not by the Trump administration.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
The U.S. will lower tariffs on Japanese cars and auto parts by 16 September under a trade deal formalised by President Donald Trump, Japan’s chief negotiator said Tuesday.
U.S.-based satellite communications provider EchoStar has agreed to sell spectrum licences worth approximately $17 billion to SpaceX.
Chinese President Xi Jinping has described economic globalisation as an “irresistible trend of history,” emphasising the importance of multilateralism amid tariffs imposed by U.S. President Donald Trump.
European stock markets closed Monday with gains as investors focused on a confidence vote in the French parliament.
Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
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