Keywords: Business
British online fashion retailer ASOS has announced plans to sell its Lichfield fulfilment centre to rival retailer Marks & Spencer in a deal valued at approximately 66 million pounds, or nearly 90 million dollars. The transaction forms part of ASOS’s broader strategy to simplify its operations,......
British catering giant Compass Group has raised its profit guidance for 2026, supported by strong demand for workplace dining services and a growing number of new business contracts. The company, considered the world’s largest catering provider, announced that it now expects annual underlying......
Italian fashion house Giorgio Armani is reportedly considering splitting a 15% ownership stake into three equal parts, potentially involving major luxury players including LVMH Moet Hennessy Louis Vuitton SE, L'Oreal SA, and EssilorLuxottica SA. According to reports, the plan is linked to the long-term......
ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......
Morocco has recorded more than 50,300 company creations through its DirectEntreprise digital platform since its launch, marking a significant milestone in the country's ongoing push to modernize its business environment through administrative digitalization. The figures, released by the Moroccan......
Indian jewellery giant Titan Company Limited reported quarterly earnings below market expectations as rising operational costs and higher gold prices weighed on profitability despite continued consumer demand. The company, which owns well-known jewellery brands such as Tanishq and CaratLane, announced......
Global asset manager BlackRock reported a decline in the valuation of its private credit portfolio, the BlackRock TCP Capital Corp, during the first quarter of 2026, reflecting ongoing pressures in parts of the credit market. According to its latest financial disclosure, the fund’s net asset value......
One of the best-known flea markets in France, the Les Puces du Canal near Lyon, has entered a financial protection procedure after facing growing economic pressure linked to higher property taxes. Located in Villeurbanne since 1995 along the banks of the Jonage Canal, the market is considered the second-largest......
UNO.ma, Morocco's leading authorized Apple reseller, has announced the creation of UNO Business, a dedicated unit designed to address the specific technology and equipment needs of the country's small and medium-sized enterprises. The launch marks a strategic expansion beyond the company's......
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