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Today's News

Carrefour sales growth accelerates; Bernard Arnault steps down from board
Carrefour said revenue growth accelerated in the first quarter, driven by robust sales in Brazil and an improving performance in the core French market where hypermarket sales turned slightly positive.

Apr 25, 2019 Mode | Appointments | Business

Carrefour sales growth accelerates; Bernard Arnault steps down from board
UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink
United Parcel Service Inc said it saw signs of softening in the U.S. economy and issued a disappointing second-quarter profit forecast, sending shares down 7 percent even as it promised a strong end to the year.

9:27 am Mode | Business

UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink
Nike to relocate London HQ to King’s Cross
The US sportswear giant has reportedly signed a long-term lease for over 60,000 square feet in S1, a new 11-storey building in the rapidly regenerating North London district.

8:10 am Mode | Industry

Nike to relocate London HQ to King’s Cross
Amazon outperforms as Q1 sales surge, reveals one-day delivery goal
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals.

9:23 am Mode | Business

Amazon outperforms as Q1 sales surge, reveals one-day delivery goal
Sainsbury's-Asda merger is off, prospect of budget fashion powerhouse ends
The Sainsbury’s-Asda merger deal is off following the final decision by the UK’s Competition and Markets Authority (CMA) that blocked it on the grounds that prices could rise.

Apr 25, 2019 Mode | Business

Sainsbury's-Asda merger is off, prospect of budget fashion powerhouse ends