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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....
...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...
...The company also raised its full-year guidance, saying that the expected drop in overall sales as well as the operating loss will be smaller than expected....
...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....
...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....
...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....
...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...
...Hipgnosis Songs Fund, the listed UK music rights investment company, has agreed to a $1.4bn takeover from US rival Concord Chorus....
...Overall sales across the three months to March were up 1.9 per cent, driven by the strong sales growth recorded in January....
...by sales, where all four of its biggest brands grew by double digits driven by demand in Europe....
...Shares in luxury companies rose on Wednesday after industry leader LVMH reported first-quarter results, reassuring investors nervous about the industry’s prospects that it could eke out growth in a much...
...The ruling deals a blow to Apple, which is facing a slowdown in hardware sales this year....
...company Masimo....
...Both Barclays and the BRC showed slow growth in discretionary spending compared with February, with non-essential sales growing annually at 1.6 per cent, according to Barclays, and non-food sales contracting...
...is under way,” said Alex Kerr, economist at research company Capital Economics....
...The company said it was aiming for €500mn-€1bn in asset sales and would consider selling equity stakes in some of its subsidiaries to other businesses....
...“That retail sales number was profoundly strong . . . I had to mark up my GDP expectations because of retail sales,” said Tom Simons, US economist at Jefferies....
...The company said it still expected to make a pre-tax profit of £960mn on full-price sales increases of 2.5 per cent in 2024....
...The company, which is controlled by the family of billionaire Bernard Arnault, is viewed as a bellwether for the sector given its size and influence....
...to the French economy as it undergoes changes to leadership at the family-controlled company....
...The likely message from the tech companies is: be patient. The uptake of generative AI and impact on sales should start to become apparent later this year or in 2025....
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