Business
Business
Aeffe Sells ‘Moschino’ Brand for Perfumes to Euroitalia
Business
Jefferson Smith – Portland Social Entrepreneur Offers 5 Tips on Public Speaking and Giving the Talk of a Lifetime
Business
Discounter Pepco’s Sales Hurt by Supply Chain Disruption
Business
Polish Fashion Retailer Lpp Confirms Annual Revenue Goal of up to $5.5 Billion
UniCredit Starts Process to Bring Life Insurance Business in House
Date: September 26, 2024
MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint ventures it runs with them as it brings the business in house, it said on Wednesday. The decision follows regulatory changes that render permanent capital relief measures known as ‘Danish compromise’ for banks...
Switching Off Is Hard to Do – 29% Hatch Work Plans on Holiday
Date: September 25, 2024
YouGov survey for Purbeck Insurance Services September 2024: As the summer holidays come to an end, a new survey of work-age adults across GB by YouGov for Purbeck Insurance Services, has found that 29%[I] have been struck by a moment of work-based inspiration while on holiday. Whether it’s an idea for a new business, or the answer...
Fonterra’s Annual Profit Falls 25%; Shares Rise on Dividend Declaration
Date: September 25, 2024
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by poor earnings from its ingredients segment and volatility in demand from key importing regions, but declared a special dividend, sending its shares higher. Improvement in earnings from its food service and consumer segments due...
Miniso Shares Slump on Plans to Buy Stake in Yonghui Superstores
Date: September 24, 2024
HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said it would take a stake in embattled Chinese supermarket operator Yonghui Superstores. The lifestyle products retailer’s shares plunged to their lowest level since December 2022 in their biggest one-day percentage drop since...
Unilever CEO Looking for First-Ever Global Plastics Treaty With “teeth”
Date: September 24, 2024
By Jessica DiNapoli NEW YORK (Reuters) – Unilever CEO Hein Schumacher hopes to see a global plastics treaty that “has some teeth,” he said in an interview with Reuters on Monday, as negotiations for countries to agree to the first-ever pact near a crucial deadline. United Nations negotiators agreed to strike a deal on...
Northvolt to Axe 1,600 Jobs as Europe’s Ev Hopes Stall
Date: September 24, 2024
By Marie Mannes STOCKHOLM (Reuters) – Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe’s biggest hope in the electric vehicle battery market struggles with production problems, sluggish demand and competition from China. The leader in efforts to build a European automotive...