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Aldi UK says shoppers trading up as inflation eases
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Wall Street follows world stocks higher ahead of central bank actions
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Cricket-Pope century puts England in charge at gloomy Oval
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EU countries mull 20-year tax holiday for jet fuel, document shows
Delivery Hero posts stronger than expected GMV growth in Q2
Date: August 29, 2024
By Paolo Laudani and Eva Orsolya Papp (Reuters) -German online takeaway food company Delivery Hero on Thursday reported stronger than expected growth it its second-quarter gross merchandise value and confirmed its full-year outlook on the back of higher order volumes. Quarterly gross merchandise value or GMV, a common metric for delivery firms measuring the...
Aluminium giant Rusal’s first-half profit jumps 42% on strong prices, deliveries
Date: August 29, 2024
(Reuters) -Russian aluminium giant Rusal reported a 41.6% rise in its first-half adjusted net profit on Thursday, as it managed to increase production of aluminium, alumina and other products, with shipments to China touching record levels. Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the...
Maersk says ocean shipping’s zero-emissions push needs government support
Date: August 29, 2024
By Lisa Baertlein LOS ANGELES (Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping industry’s effort to reduce its climate impact. But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last...
Bertelsmann eyes further acquisitions to drive US growth
Date: August 28, 2024
By Chiara Holzhaeuser, Andrey Sychev and Klaus Lauer BERLIN (Reuters) -German media, services and education conglomerate Bertelsmann is planning new acquisitions in the United States to accelerate growth there, it said on Wednesday, after the U.S. became its largest sales contributor for the first time in the first half of 2024. “There will definitely...
Lego outperforms toy market with robust sales in Europe and North America
Date: August 28, 2024
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego’s sales of its colorful plastic bricks outpaced the overall toy market in the first half of the year, driven by strong demand in Europe and North America, the Denmark-based toymaker said on Wednesday. The surge in Lego’s sales contrasts with a stagnating global toy market and tepid...
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
Date: August 28, 2024
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric vehicle demand. Hyundai, the world’s No. 3 automaker by sales...