Higher prices and volume growth in the Americas,combined with new contract wins in Europe have propelled logistics giant Brambles to a strong first quarter.
Brambles has warned that the'contagion effect'of the trade war could see a broader slowdown in global economies this financial year.
Brambles has agreed to sell its reusable plastic container business to a unit of Abu Dhabi wealth fund for over $US2.51 billion ($3.51 billion).
Australian logistics giant Brambles has spent $15 million on more pallets for retailers stockpiling food,drinks and other inventory amid Brexit uncertainty.
Positive comments from Xi Jinping have lifted investor hopes for talks with American representatives.
Large Australian businesses including airline Qantas and logistics giant Brambles are heading for showdowns with smaller investors this week over executive pay.
The $15 billion logistics giant is accused of failing to inform investors of what it knew about its true financial position.
More than one quarter of ASX100 companies don’t have a remuneration policy that explicitly covers gender pay equity,a new report says.
Logistics heavyweight Brambles is forecasting higher profit into 2016,despite the"tepid nature of the global economic recovery"and concerns about a slowdown in China.