[ad_1] LONDON, June 26 (Reuters) – Associated British Foods (ABF.L) has not pushed through further grocery price increases for its retail customers since it last reported in April, its finance…
Tag: RFOD1
Marketmind: Hunker down, it’s going to be one of those days
[ad_1] A look at the day ahead from Dhara Ranasinghe. U.S. and European bond yields are up sharply, stock market futures are deep in the red and oil is holding…
Exclusive: Twitter to focus on video, commerce in business revamp
[ad_1] [1/2] A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo June 16 (Reuters) – Twitter plans to…
Walmart-backed fintech ONE raises savings rate as battle for deposits heats up
[ad_1] NEW YORK, June 14 (Reuters) – ONE, a fintech company backed by Walmart Inc (WMT.N), is offering 5% interest on savings accounts of up to $100,000 as of Wednesday,…
South African food retailer Spar posts 30.3% fall in interim earnings
[ad_1] JOHANNESBURG, June 14 (Reuters) – South African food retailer Spar (SPPJ.J) on Wednesday posted a 30.3% fall in half-year earnings, led by inflationary pressures on consumers and increased operational…
French retailers Teract and Casino end exclusive tie-up talks
[ad_1] [1/2] A logo of French retailer Casino is pictured in Nantes, France, May 10, 2023. REUTERS/Stephane Mahe/File Photo PARIS, June 8 (Reuters) – French retailers Teract (TRACT.PA) and Casino…
Walmart reiterates goal of doubling international gross merchandise in five years
[ad_1] BENTONVILLE, Arkansas, June 2 (Reuters) – Walmart (WMT.N) still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years,…
Factbox: European companies cut jobs as economy sputters
[ad_1] May 5 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies…
IKEA plans new US stores in $2.2 billion push to challenge Walmart and Wayfair
[ad_1] LONDON, April 20 (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest…
Casino bondholders seeking better terms in Teract tie-up – sources
[ad_1] LONDON, April 14 (Reuters) – Some holders of bonds issued by French food retailer Casino (CASP.PA) are working with financial adviser Perella Weinberg Partners to push for better terms…