Posts from April 25, 2024

Nestle’s revenue declines following price increases

Nestle, the world’s largest packaged food company, has reported a decrease in sales following a recent increase in prices. On Thursday, the company announced that its first-quarter sales did not meet[…]

Unions promise to battle refusal of proposal to rescue Tata Steel positions

Unions have expressed their disappointment and concern after their efforts to prevent thousands of job losses at Tata Steel were rejected by the company. In January, Tata announced plans to cut[…]

McLaren, manufacturer of high-performance vehicles, suffers £375m loss due to impairment charge

McLaren Group, the British supercar maker and Formula One team-backer, has provided lenders with positive indications of an improvement in its financial performance despite facing a record loss of £873m in[…]

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