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...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...ByteDance as a whole is on track to overtake Facebook owner Meta as the world’s largest social media company by sales....
...Bayer boss Bill Anderson this week drew parallels with a recent skateboarding accident to describe the state of the aspirin-to-Roundup conglomerate....
...Net income at the state-owned group was $27.3bn, down from $31.9bn a year ago. It blamed lower volumes of crude oil sales and weakening refining and chemicals margins....
...at the company’s Chinese joint venture partner had participated in state-sanctioned surveillance of the local population....
...The company said the decrease was due to “sales-related lower margins”, which could “not be offset” by cost reductions....
...Aramco said that while the price of oil was higher in the period compared with the previous year, lower volumes of crude oil sales and weakening refining and chemicals margins led to the decline in net income...
...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...
...Yoghurt sales in the US topped $11bn last year, almost a third more than a decade ago, according to Euromonitor International. But that is mainly due to price increases....
...Stewart Harris, from the International Council of Chemical Associations, representing the largest plastic and petrochemical makers, told the FT that limits on production would “have significant unintended...
...International banks Goldman Sachs, JPMorgan, Morgan Stanley, UBS and HSBC had spent months lobbying to work on the Syngenta listing, drawn to the prospect of advising a large international company that has...
...Chief executive Jacek Olczak told the FT last year that the sales of inhaled medicine company Vectura, which PMI acquired in 2021, had suffered from customers shunning it because of the new ownership....
...For airlines, demand for international cargo and flights is starting to recover, with the weak yen further boosting profits for sales made in foreign currencies....
...As Lynch noted, you know more about things you use: an improved website or new gadget is more likely to be on your radar than, say, changing processes at a chemical plant....
...The company said it would “accelerate” a hitherto unannounced sale process that had been initiated last quarter due to a global supply glut of one of the chemicals....
...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...
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...The Tesla chief also met Ren Hongbin, chair of the China Council for the Promotion of International Trade, a commerce ministry group, according to Chinese state media....
...It had also made “extraordinary, additional commitments” in a 90-page draft security agreement developed with the Committee on Foreign Investment in the United States....
...But the company was ultimately unable to get permission to operate locally....
...This “could materially adversely harm the long-term value of companies involved in their manufacture and sale”, the investors say. Read more here....
...This “could materially adversely harm the long-term value of companies involved in their manufacture and sale”, the investors say. Read more here...
...But for Canada’s oil companies, it means diversifying sales that have long been yoked to refineries in US Midwest and Gulf Coast states....
...The sanctions follow warnings from Yellen and secretary of state Antony Blinken that Chinese companies providing support for Moscow’s war in Ukraine will face significant consequences....
...Meanwhile, West Virginia is co-leading 10 red states in litigation against the Securities and Exchange Commission, the US’s securities regulator, over rules that would require companies to disclose some...
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