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...P&G reported net income of $4.1bn in the three months to the end of September, down 4 per cent year on year, as the company incurred higher expenses....
...P&G said in October it planned another round of price increases as inflation accelerated. Higher prices boosted P&G’s revenues in the three months to the end of December, adding 3 per cent to sales....
...peggy.hollinger@ft.com Letter in response this article: Emirates holding company model is worth considering / From Matthew G Andersson, Chicago, IL, US...
...“It’s been one-way traffic since the beginning of August,” said Matthew Russell, fixed income fund manager at M&G Investments, about the gilt moves. “The moves have been outsize.”...
...P&G and rivals such as Colgate-Palmolive have raised prices on household goods to counter the impact of inflation....
...The earnings report comes a day after P&G said Jon Moeller, its chief operating officer, will succeed chief executive David Taylor in November. Shares in P&G rose 1.5 per cent in pre-market trading....
...P&G reported a first-quarter net income of $4.1bn, down 4 per cent year on year, as the company incurred higher expenses....
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