Red Sea

Pepco Reports That Trading Environment Remains Challenging

European discounter Pepco Group today reported a 2.5% fall in first-half same-store sales but said margins were recovering.

Irish manufacturing expanded at its fastest pace since mid-2022, a survey from the AIB S&P Global manufacturing Purchasing Managers’ Index (PMI)...

More than half (55%) of British exporters have felt an impact from disruption in the Red Sea, a survey has shown.

Attacks on merchant ships in the Red Sea have increased shipping costs but have not impacted inflation, Moody’s Investor Services have said.

Diageo has hired bankers at Rothschild to explore the possible sale of three non-core brands, Sky News reported today.

Nestlé has reported fill-year organic sales growth below expectations as the company continued to hike prices.

Carrefour reported a record cash flow of €1.62 billion for 2023 on Tuesday, adding that it is confident about the coming year.

Unilever’s sales growth in Southeast Asia has been hurt by anti-Israel boycotts in Indonesia, the company revealed today.