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...This year, Mondelez set aside €340mn against a potential EU fine that it said could be materially higher....
...Mondelez’s Russian business contributed 2.8 per cent of its global revenues in 2023, down from 4 per cent in 2022....
...The material risks of Mondelez’s operations in Russia include seizure of assets, conscription of employees, boycotts stemming from being labelled an “international sponsor of war” by the Ukrainian government...
...It is also time for investors and multinational corporations such as Mondelez to recognise that they depend on the survival of the international rules-based order, even as Russia’s invasion of Ukraine has...
...Among big cap US stocks yesterday, some of the largest losers were snack and sweet drinks giants such as Mondelez, Coca-Cola, Pepsi and Kraft-Heinz....
...Cadbury chocolate maker Mondelez said last month that it did not expect higher prices to contribute to 2024 revenue growth as much as they did last year, after it reported volume declines in its most recent...
...Berkshire sold shares in Amazon, snack-food maker Mondelez International and insurers Markel and Globe Life....
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
...In response to follow-up questions after the interview with Le Peuch, SLB said it was acting “in clear support of and alignment with international sanctions and export restrictions that reflect international...
...News round-up Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups (FT) German watchdog finds EY’s Wirecard audits grossly negligent (FT) EU set to fine Oreo maker Mondelez for blocking cross-border...
...The $11bn international transit hub, which opened in 2019, features a cavernous terminal, around the size of 200 football pitches....
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...There is no pressure to leave, Mondelez chief executive Dirk Van de Put admitted last week, claiming that investors did not “morally care” whether companies such as the Chicago-based chocolate maker did...
...Ferrero bought Eat Natural in 2020, while Mondelez bought Clif bar last year....
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...When Oprah Winfrey announced in February that she would step down from the WW International board, shares in the company behind WeightWatchers dropped nearly 20 per cent, to their lowest point since it returned...
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
...His quant trading firm Susquehanna International Group owns roughly 15 per cent of the company, and the stake represents a significant chunk of his net worth....
...In another Bank of England speech this week, Rebecca Jackson — the Bank’s executive director for Authorisations, Regulatory Technology & International Supervision — outlined how banks aren’t really set up...
...This time, the painting has been cleared for export, confirms Pierre Etienne, international director of Old Masters at Christie’s....
...He is now launching Collectors Circle, which for $1,200 a year (or $2,000 for a pair of subscribers) gives deeper guidance on how to navigate some of the art market’s quirks and offers the promise of an international...
...and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources in international...
A weight loss titan fights to stay relevant in the age of GLP-1 drugs
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
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