Retail in Asia

In Shops

Procter & Gamble earnings rise 8pc on higher sales

US consumer goods giant Procter & Gamble reported a 7.6 percent rise in quarterly earnings Friday on higher sales and confirmed its financial outlook.

P&G, a component of the Dow index, said earnings for the period ending September 30 came in at $3 billion on revenues of $21.2 billion, up from the prior year level of $2.8 billion on revenues of $20.7 billion.