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Business
Substantial Price Increases Boost Sales of Coca-Cola
Coca-Cola benefits from the sometimes considerably higher prices than the American group charges for its soft drinks and juices. As a result, the group increased sales last quarter despite the global economic slowdown strongly.
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Yellen: US Wants Fair Economic Ties With China
The United States seeks "constructive and fair" economic ties with China. US Treasury Secretary Janet Yellen said in a speech on Thursday. In it, she explained the main goals of the Biden administration for the economic relationship between…
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CEO Ryanair Sees Great Opportunities in Ukraine After War
CEO Michael O'Leary of the Irish aviation group Ryanair sees great opportunities in Ukraine when the war is over. He says the airline is ready to quickly resume operations in Ukraine as soon as it is safe to fly again in the country torn by…
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Google Parent Company Sinks on Reluctant Wall Street
On Monday, alphabet, Google's parent company, was among the fallers on the New York stock exchanges. Investors processed a report that South Korean tech group Samsung is considering replacing Google with Bing as the preferred search engine…
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Renault Will Review Sales Prices After Tesla Price Reductions
After a series of price cuts by US rival Tesla, Renault will review its pricing policy for electric cars worldwide to ensure the French automaker remains competitive. That said, Fabrice Cambolive, the boss of the car brand Renault, during a…
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Investors are Eyeing Quarterly Earnings
Next week, investors will entirely focus on the new quarterly earnings season. This started last week in the United States, where significant banks such as JPMorgan Chase, Wells Fargo and Citi opened the books, as did airlines Delta Air…
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IEA: Russian Oil Exports to Highest Level in Almost 3 Years
Exports of Russian crude oil and petroleum products rose to their highest level in nearly three years in March, despite Western sanctions against the country over its invasion of Ukraine. This is reported by the International Energy Agency…
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Navigation Company TomTom is Making a Profit Again
Navigation service provider TomTom succeeded in posting a net profit in the first three months of this year after periods of losses that preceded it.
The navigation technology of the Dutch company gained market share among car…
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