South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
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Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Danone's Q3 Sales Performance
French food giant Danone exceeded third-quarter sales expectations on Thursday, reporting a notable increase in sales volumes as price hikes began to stabilize. The company experienced robust demand in North America for its high-protein products, coffee creamers, and bottled water.
Strong Sales Figures
Danone, known for its brands like Activia yogurt, Evian water, and Aptamil infant milk, achieved a 4.2% rise in third-quarter like-for-like sales, reaching €6.826 billion ($7.36 billion). This figure surpassed analysts' expectations of a 3.9% increase according to a consensus compiled by the company.
Outlook for 2024
Looking ahead, Danone maintains its forecast for 2024, anticipating like-for-like sales growth between 3% and 5%. The company also expects a moderate improvement in its recurring operating margin, highlighting its commitment to operational efficiency amidst changing market conditions.
As the world's largest yogurt producer, Danone's performance underscores its resilience and adaptability in a competitive food landscape, driven by consumer preferences shifting towards healthier options.
