Tesco, Britain’s largest retailer, was the only one of the four major supermarket companies to see its sales increase in the last 12 weeks, increasing its dominance in the industry ahead of Christmas, according to research firm NielsenIQ . The company’s survey showed that sales increased 0.4% year-on-year in the 12 weeks to November 6, […]
Tag: International business news
Netherlands: Growth of 1.9% in the quarter
The Dutch economy grew 1.9% in the July-September period compared to the previous quarter, as the lifting of coronavirus restrictions continued to fuel a boom in consumer spending, according to official figures. The growth of the fifth largest economy in the eurozone comes after the growth of 3.8% in the second quarter, and was stronger […]
Imperial Brands: Announced improved earnings for the year
LAST UPDATE 12:17 Imperial Brands announced improved earnings for the year to September 30, mainly due to emergencies, and stressed that it is in a good position to manage inflation. The British tobacco company posted pre-tax profits of 24 3.24 billion ($ 4.35 billion) in 2021, up from 17 2.17 billion in 2020. It also […]
The results of Bouygues are higher than the estimates
The French group Bouygues announced profits that exceeded estimates in the nine months, as the recovery returned it to pre-pandemic levels. The group announced operating profit of 1.14 billion euros compared to the profit of 681 million euros from the same period last year. Profits were higher than estimated at 1.13 billion euros. After the […]
JP Morgan: Sues Tesla for $ 162.2 million warrants
JP Morgan Chase & Co. sues Tesla for $ 162.2 million, accusing electric car company Elon Musk of “gross” breach of a stock warrants deal after price increase of its share. According to the complaint filed in the federal court of Manhattan, Tesla in 2014 sold warrants to JP Morgan, which they would pay if […]
Covid-19: Pfizer, BioNTech and Moderna earn more than $ 1,000 a second thanks to their vaccines
Pfizer, BioNTech and Moderna are making a total of $ 65,000 a minute thanks to their vaccines against covid-19, according to a report by the People’s Vaccine Alliance, which promotes the most even distribution of vaccines in the world. The drug companies raised the money by selling the vast majority of their vaccines to rich […]
Gazprom announced that it has increased its exports to most European countries compared to last year
Russian gas company Gazprom increased its total production and exports to all its key customers between January 1 and November 15, 2021, including many European countries, including Greece, according to a company statement today. was made public. According to preliminary data for the period, Gazprom increased gas exports compared to the same period last year […]
Tyson Foods: Announced higher-than-expected earnings and sales
Tyson Foods reported quarterly earnings of $ 1.36 billion, or $ 3.71 a share, up from $ 654 million, or $ 1.79 a share, a year ago. Adjusted earnings per share of $ 2.30 are higher than estimates for $ 2.22. Sales rose to $ 12.81 billion from $ 11.46 billion last year and were […]
Dollar Tree: Shares rise after Mantle Ridge stake
Dollar Tree shares rose 6.6% in pre-conference trading as a Wall Street Journal report said activist investor Mantle Ridge had acquired $ 1.8 billion in the retail company, and plans to move further to strengthen the share price. Mantle Ridge will push for changes in the company’s Family Dollar chain, the publication said, citing sources […]
Reuters: BNP Paribas is considering selling the US subsidiary
BNP Paribas is working with its advisers on the possibility of selling its US subsidiary Bank of the West, as it seeks to withdraw from the US retail banking market, sources told Reuters. The French bank, which overtook Britain’s HSBC last year to become Europe’s largest asset-based bank, is trying to part with its US […]
