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Coty’s Q1 2027 results weaken months after exit of Algerian entrepreneur Sue Nabi

Coty, the American beauty giant behind brands including Hugo Boss, Burberry, Calvin Klein and CoverGirl, continued to face pressure on revenue and profitability 10 months after the departure of Algerian-born French entrepreneur Youcef Sue Nabi, reporting a 1.39% decline in revenue to $1.56 billion in the first quarter of fiscal 2027. The performance marked a slower pace of contraction compared…

Feyisayo Ajayi November 7, 2026

Business Executives Hot News

Absa Group director Tasneem Abdool-Samad to join Shoprite board in March 2027

Absa director Tasneem Abdool-Samad will join Shoprite’s board in March 2027, bringing extensive audit, risk and corporate governance experience.

Feyisayo Ajayi November 6, 2026

MCB wins awards for $400 million energy deal

Business Banking Hot News Latest

Mauritius’ MCB inks $20 million deal with GreenYellow to develop 17 solar plants

MCB and GreenYellow sign a $20 million deal to develop 17 solar plants in Mauritius, adding more than 25 MW of capacity.

Feyisayo Ajayi November 6, 2026

Business Energy

Shell Lubricants taps TAQA Petroleum to expand its reach across Egypt

Shell Lubricants Egypt partners with TAQA Petroleum to reach motorists through 72 service stations and expand its automotive products network.

Timilehin Adejumobi November 6, 2026

Hot News

Bonifacio brothers win court battle against Lombard Insurance over $6 million Kusile dispute

Jorge and Sergio Bonifacio defeat Lombard Insurance’s bid to sequestrate them over a $6 million indemnity dispute linked to Eskom’s Kusile project.

Feyisayo Ajayi November 6, 2026

Tag: Saifee Durbar

Businessman Saifee Durbar eyes Lake Albert oil blocks amid questions over credentials

Coty’s Q1 2027 results weaken months after exit of Algerian entrepreneur Sue Nabi

Absa Group director Tasneem Abdool-Samad to join Shoprite board in March 2027

Mauritius’ MCB inks $20 million deal with GreenYellow to develop 17 solar plants

Shell Lubricants taps TAQA Petroleum to expand its reach across Egypt

Bonifacio brothers win court battle against Lombard Insurance over $6 million Kusile dispute

Coty’s Q1 2027 results weaken months after exit of Algerian entrepreneur Sue Nabi

Absa Group director Tasneem Abdool-Samad to join Shoprite board in March 2027

Mauritius’ MCB inks $20 million deal with GreenYellow to develop 17 solar plants

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