Stock Movers Diageo Dips, Air France-KLM Plunges, Maersk Slides
Nov 6, 2025
Louise Moon, Breaking News editor at Bloomberg, dives into the market shifts affecting major corporations. Diageo faces a sales forecast drop due to weak demand in China and the U.S., while Air France-KLM slumps after missing earnings expectations, impacted by strikes and higher taxes. Maersk also disappoints investors with a modest profit outlook amid trade challenges. Tune in for insights into these significant market movements!
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Diageo Hurt By US Demand And China Policy
- Diageo cut its full-year outlook after flat Q1 sales and weak demand in the US.
- Chinese anti-waste policies reduced alcohol consumption, hurting Diageo's Baijiu expansion efforts.
Leadership Uncertainty Adds Pressure
- Diageo highlighted leadership uncertainty with little news on its CEO search.
- The interim CEO said management is focused on controllable areas amid unsatisfactory performance.
Strikes And Weather Pound Air France-KLM
- Air France-KLM missed earnings expectations with revenue and operating income below forecasts.
- Strikes and warmer-than-usual summer travel patterns reduced demand and cost the group about €50 million this quarter.