LAST UPDATE: 13.23 Royal Dutch Shell has announced plans to simplify its shareholder structure, ending its current dual-share division, and moving its tax headquarters to the United Kingdom. Since its consolidation in 2005, the oil and gas company has been incorporated in the United Kingdom with a Dutch tax headquarters and a dual A / […]
Tag: International business news
Almirall: Announced losses in the nine months, 8% drop for the share
Spanish pharmaceutical company Almirall reported losses for the nine months, with its share falling by almost 8%, despite upgrading estimates for the full year. Almirall showed a net loss of € 39.4 million in the nine months as a result of the impairment of an acne medicine. In the corresponding period last year, the company […]
EY Survey: The 500 largest family businesses in the world are resilient despite the pandemic
Despite the turmoil caused by the COVID-19 pandemic, family businesses have managed to maintain their resilience. The 500 largest family businesses in the world – including a Greek one – generated revenue of $ 7.28 trillion, employing 24.1 million people in 45 countries. These are some of the findings included in the research of EY […]
Airbus: Sees demand for 39,000 aircraft by 2040
Airbus SE has announced that it will need about 39,000 passenger and cargo aircraft by 2040, as it expects the withdrawal of older and less efficient aircraft to continue to accelerate. The European aircraft maker said most commercial aircraft in operation by then would be state-of-the-art, up from 13% today, a development that is expected […]
Heineken: Agreed on the acquisition of Distell group for 2.2 billion euros
Heineken NV has announced that it has agreed on a € 2.2 billion acquisition of Distell Group Holdings as part of a plan to set up new operations in South Africa. The Dutch brewery also said it acquired a 25% stake in Heineken South Africa from Namibia Breweries for € 1.5 billion, as well as […]
US-Polish FM: Lukashenko distracts from Russian aggression against Ukraine
The heads of the US and Polish diplomats condemned, after their telephone contact, the treatment of immigrants by the government of Belarus, as announced by the State Department, while at the same time expressing their solidarity with Ukraine in the face of Russian aggression. “Secretary of State Anthony Blinken has reaffirmed US support for Poland’s […]
Elon Musk: Sells $ 1.2 Billion More Tesla Shares
According to CNBC, the news became known after the announcement of the financial statements on Friday night. Musk has owned more than 166 million Tesla shares since the sale. In the past week, Musk has sold shares of his company, valued at $ 6.9 billion. Some of these shares were sold to meet tax liabilities […]
Tesla: ‘Dive’ 15.4% per week – Worst performance in 20 months
Tesla shares fell 15.4% in the week after today’s closure of Wall Street, in the wake of stock sales by the company’s CEO, Elon Musk. The decline is the worst weekly performance of the Tesla stock in the last 20 months and the worst performance in its history, except for the declines that occurred in […]
Elon Musk sold additional Tesla shares worth about $ 687 million.
Tesla CEO Elon Musk re-sold shares of the company worth about $ 687 million, following previous sales, according to The Wall Street Journal. In particular, according to financial statements released on Friday, Musk sold 639,737 shares of Tesla on Thursday. The shares traded at prices between about $ 1,056.03 to $ 1,104.15, according to deposits. […]
Black & Decker: Revisions down published earnings per share and estimates
Stanley Black & Decker announced that it is adjusting its quarterly results and estimates for the year, after receiving a letter from the Hellenic Capital Market Commission regarding its accounting. The change will change earnings per share for the third quarter to $ 2.51 from the $ 2.56 announced. If the deductions and charges of […]