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Lego looks to build on 2022 sales growth with more China stores
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Toymaker Lego said store openings in China and strong demand in Western Europe and the Americas had delivered 17% sales growth in 2022, adding that it...
Syndicated Content Mar 07, 2023
India’s Adani Group pre-pays over $900 million worth share-backed financing
BENGALURU (Reuters) - Embattled Indian conglomerate Adani said on Tuesday it prepaid share-backed financing of 73.74 billion rupees ($901.16 million), as part of its promoters' commitment to cut overa...
Syndicated Content Mar 07, 2023
Carlsberg searching for new CEO after Cees ’t Hart says to retire
STOCKHOLM (Reuters) - Denmark's Carlsberg said on Tuesday Chief Executive Cees 't Hart had decided to retire after eight years on the job, and a search for his successor was ongoing. The brewer said i...
Syndicated Content Mar 07, 2023
Inside BP’s plan to reset renewables as oil and gas boom
By Ron Bousso, Shadia Nasralla and Sarah McFarlane LONDON (Reuters) - BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outst...
Syndicated Content Mar 07, 2023
British baker Greggs warns of ongoing inflation challenge
LONDON (Reuters) - Britain's popular baker and fast food chain Greggs warned that high inflation would continue to be a challenge this year, but said it was confident its value offer of sausage rolls,...
Syndicated Content Mar 07, 2023
Spain’s Indra begins succession process for new CEO
(Reuters) - Spanish technology company Indra said late on Monday it would begin a process to appoint a new chief executive (CEO) to replace Ignacio Mataix, saying the decision was linked to a new stra...
Syndicated Content Mar 07, 2023
China’s Xi tells CATL he has mixed feelings about its battery market dominance
SHANGHAI (Reuters) -Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world's largest battery maker - remarks that come at a time when the company is rapid...
Syndicated Content Mar 07, 2023
Australian food inflation rate falling, but slowly – country’s top grocer
SYDNEY (Reuters) - Australia's top grocer said on Tuesday that while the food inflation rate was beginning to decline, prices were taking longer than expected to retreat off pandemic highs. Woolworths...
Syndicated Content Mar 07, 2023
Most Asian equities see outflows in Feb as rate-hike jitters weigh
By Gaurav Dogra (Reuters) - Most emerging Asia ex-China equity markets witnessed foreign outflows in February as strong U.S. economic data stirred worries that the Federal Reserve would keep interest ...
Syndicated Content Mar 07, 2023
S.Korea’s Kakao makes $962 million tender offer for K-pop agency SM
By Hyunsu Yim SEOUL (Reuters) -South Korean tech group Kakao launched a 1.25 trillion won ($962 million) offer for K-pop agency SM Entertainment on Tuesday, escalating a takeover battle with BTS manag...
Syndicated Content Mar 07, 2023
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