18.4.2019 01:33 pm
Anglo-Dutch food and cosmetics giant Unilever said Thursday it was on track to make its targets for 2019, despite a drop in first quarter sales as it finalised selling its extensive spreads business.
Based in Rotterdam and London, Unilever did not give net profit, but said turnover was down by 1.6 percent year-on-year to 12.4 billion euros ($13.9 billion).
The wage settlement agreement has been welcomed by Minister of Labour Mildred Oliphant.
In an environment of negative sentiment, mispricing may create opportunities.
An Ayo executive spilled the beans on the company’s governance issues after being subpoenaed to appear before the commission.
Japanese small car manufacturer Suzuki announced Thursday it was recalling two million vehicles shipped domestically, citing improper inspections and a series of other faults including false fuel efficiency data.
Crippling regulations, no recourse and only empty election promises by political parties prevent small business from boosting the economy.
Jet Airways shares plunged more than 32 percent on Thursday, hours after the Indian carrier’s final flight landed following a decision to ground its entire fleet.
The zero-VAT rating had no effect on the food budget of the poor, who had to fork out more due to the increased VAT charged on other foods.
It is claimed that the increase would make chicken 32% more expensive, but the SA Poultry Association says imports are getting harder to compete with.
Swiss food giant Nestle said Thursday its sales have climbed, boosted by recent acquisitions including the right to market Starbucks coffee products in supermarkets around the world.
Pinterest on Wednesday announced it would price its initial public offering at $19 a share to begin trading on Wall Street the following day.
Boeing has conducted a final test flight of a 737 MAX model with an updated anti-stall system prior to its certification by aviation authorities, the aerospace manufacturer said Wednesday.
Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive comments on the China-US trade talks and healthy Chinese growth unable to fire buying activity.
A no-deal Brexit would deal a severe blow to the economy of Britain’s Falkland Islands which is heavily dependent on squid exports — and to Galicia in Spain where almost all of the molluscs are sent.
Canada’s transport minister on Wednesday called for pilots to get flight simulator training to learn how to use new software on the troubled Boeing 737 MAX, saying US-suggested computer tutorials are not enough.