Coca-Cola HBC AG (CCH.L) raised its full-year profit forecast on Tuesday, as the soft drinks bottler benefited from resilient demand and said price rises and promotions would protect profits. Inflation…
Category: Business
Renault CFO: Nissan eyeing equity stake in electric and software unit Ampere
Nissan (7201.T) is considering taking an equity stake in the Ampere unit, which could be listed on the stock market at the end of 2023, Renault (RENA.PA) chief financial officer…
ECB to continue raising rates even as economy suffers
The European Central Bank will continue to raise borrowing costs even as the euro zone economy suffers because letting inflation stay high would be even more painful, two top ECB…
Renault, Geely strike deal for internal-combustion joint venture
Renault SA (RENA.PA) and China's Geely have agreed to launch a new, equally held joint-venture that will supply gasoline engines and hybrid technology to the brands they own and other…
Chinese planemaker COMAC received new orders for 330 planes
Chinese planemaker Commercial Aircraft Corporation of China (COMAC) secured orders from multiple leasing firms to supply a total of 330 planes, according to local news service Yicai. COMAC said at…
British grocery inflation hit record 14.7% in October -Kantar
British grocery inflation hit 14.7% in October, another new record, and it is still too early to call the ceiling, market researcher Kantar said on Tuesday. It said UK consumers…
Emirates adds five Boeing 777 Freighters to cargo cart
Boeing Co (BA.N) said on Tuesday Emirates Airline has ordered five 777 Freighters, worth more than $1.7 billion at list prices, to expand its cargo fleet. The airplanes will be…