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...That inquiry plus rising interest rates that have pushed up the cost of Altice’s heavy debts have forced Drahi into asset sales and various moves to refinance....
...ByteDance as a whole is on track to overtake Facebook owner Meta as the world’s largest social media company by sales....
...A sale would end Bridgepoint’s eight-year ownership of the company. Typically, private equity groups aim to hold assets for about five years....
...What disappoints is how utterly uncritical these films are of the corporations behind the products, even when those companies had no hand in the films’ production....
...The problem is not experimentation in itself, which can be useful to help companies make data-driven decisions....
...Many retailers had raised prices to pass on higher commodity and operating expenses, causing some companies to report bumper sales growth, but as inflation decelerates and consumers reject higher prices,...
...Consumer goods companies have struggled to maintain sales, instead relying on ever higher prices to boost revenues....
...Lamborghini, 90 per cent whose Korea sales last year were as company vehicles, recorded a 22 per cent fall in the first quarter from a year earlier....
...Gaming chips produced $2.9bn of sales....
...Souki was ousted from the company in December. Tellurian has warned of “substantial doubt” about its ability to continue as a going concern and has said it is exploring a sale....
...The division, home to Pringles and Cheez-it, accounted for just under half of Kellogg’s total sales last year. Kellogg said the separation will create two stronger, more focused companies....
...Heineken said sales volumes in the Vietnam grew by the low-teens in the first quarter, while sales volumes in Nigeria, another core market, grew almost a fifth....
...Microsoft beat revenue and cloud sales forecasts on Thursday in a sign of rising artificial intelligence spending, a sector into which Big Tech companies are pouring billions of dollars....
..., “we have not put the for sale sign up”....
...Unilever’s chief executive said he was disappointed by the company’s performance after the consumer goods group reported a further erosion of its market share even as it hailed a return to positive sales...
...The company, whose brands include Fruit Loops cereal and Eggo waffles, expects its full-year organic net sales to grow between 6 and 7 per cent, compared with prior guidance of between 5 and 7 per cent....
...The company repeated its guidance of double-digit growth in sales and earnings for the current year....
...Nestlé reported lower than expected sales on Thursday as the food company took a hit from slower consumer demand in North America and supply constraints in its vitamins and supplements business....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...by sales, where all four of its biggest brands grew by double digits driven by demand in Europe....
...The brewer said beer volume sales were up 4.7 per cent in the January-March period, compared with the 2.5 per cent growth expected by analysts in a company-provided poll....
...Artificial intelligence helped boost Microsoft’s cloud sales past analysts’ forecasts, as demand for the high-profile technology challenges the company’s capacity to keep up with its rivals....
...The company warned in the previous quarter of a slowdown in North America in both food and beverages that continued into this year, which was partly affected by the recall of some Quaker Foods products....
...Revolut has hired Inam Mahmood, former head of ecommerce partnerships at TikTok UK, to lead a sales team of about 30 people for its so-called media strategy....
...The US biotech company reported first-quarter earnings of $3.67 a share, beating analysts’ consensus estimates of $3.44. That pushed Biogen’s shares up 4.3 per cent in early trading on Wednesday....
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