Coronavirus

UK Consumer Confidence Jumps Despite Lingering Inflation Pain

British consumers have turned more optimistic about the outlook for the economy and their personal finances this month but their mood remains a long way of...

Berentzen-Gruppe Reports Consolidated Revenue Of €174.2m In FY 2022

German beverage firm Berentzen-Gruppe Aktiengesellschaft has reported consolidated revenue of €174.2 million in full-year 2022, an increase of 19.2% o...

Kesko Sees Increase In Sales Across All Divisions In January

Kesko Group has announced that sales totalled €2 billion in January 8 and increased by 10.1% in comparable terms. The number of delivery days in Janua...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

Hapag-Lloyd Spending Big Money On Fleet, Eyes Port Investment

German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to exten...

EU Commission Plans Emergency Powers To Avoid Crisis Bottlenecks: Report

The European Commission is seeking emergency powers to intervene in the production of certain goods in critical situations, Germany's Frankfurter Allgemein...

Instacart Cuts Valuation By 40% As Race In Delivery Space Heats Up

Instacart Inc slashed its valuation by nearly 40% to about $24 billion due to recent market turbulence, underscoring the difficulties US grocery delivery f...

Sugar Market Heading To Second Year Of Supply Surplus: Analyst

The global sugar market is expected to have a second year of small supply surplus in 2022/23 as high benchmark prices and good weather boost crop prospects...