Yanbu Cement profits fall 43.2% in 2021 due to a decline in selling prices

Riyadh – Mubasher: The financial results of Yanbu Cement Company revealed a 43.2% decline in net profits during 2021, compared to the previous year, in light of the decline in average selling prices. According to company data on Saudi Tadawul, today, Sunday, the net profit after zakat and tax fell to 159.56 million riyals, compared … Read more

GlaxoSmithKline shareholders approve sale of £1.18 billion healthcare assets

Cairo – Mubasher: The Extraordinary General Assembly of GlaxoSmithKline approved, by 99.99% of the votes of the attending shareholders after excluding the main shareholder’s vote, the sale of movable consumer healthcare assets (not including real estate and machinery) and intangible assets. The company added, in a statement to the Egyptian Stock Exchange, today: “It is … Read more

Why big cities are worried about the rise of ‘dark stores’

Their names are Flink, Cajoo, Getir, or even Yango Deli… “They” are the newborns of commerce and who are spreading, in the major French cities, “dark stores”, or ghost stores. A phenomenon that communities observe with a worried eye, fearing that the fierce struggle between these cowboys, born of digital technology, will leave dark traces … Read more

Value of car insurance increased 27% last year and is expected to continue to rise

The pandemic influenced the increase in the prices of different insurances, given the uncertainty generated by the virus in the bulk of the population. The increase in claims, the worldwide logistics crisis and the lack of inventory of motor vehicles and auto parts pushed up the value of auto insurance earlier this year by 27%. … Read more

The pension funds sold all of their shares in Grupo Nutresa

According to the most recent detailed investment portfolio report of the Pension Fund Administrators (AFP), released through the Financial Superintendence of Colombia (SFC), these entities sold all the shares they had in Grupo Nutresa during the OPA, either through the public market or the same offer. Until before the purchase, these companies had 17% of … Read more

Gilinski already completes 1.11 million additional shares in Sura with second takeover bid

The Gilinski Group continues to get closer to its goal of obtaining up to an additional 6.25% in Grupo de Inversiones Suramericana. Today, according to figures revealed by the Colombian Stock Exchange (BVC), 230 new OPA acceptances were registered, with which the consolidated figure amounts to 1.11 million species sold, equivalent to 3.81% of the … Read more

Cross-Strait trade has grown substantially over the past decade

Through : LIANG Chen| Keywords : China Taiwan,trade French.china.org.cn | Updated on 27-01-2022 A spokeswoman for the Chinese mainland said on Wednesday that the upward trend in cross-Strait economic and trade cooperation and integrated development is irreversible, citing trade growth figures between the two sides. during the last ten years. Zhu Fenglian, spokesperson for the … Read more

Europe raises warnings as Russia plans exercise on Ukraine

European Union foreign ministers will discuss Ukraine with US Secretary of State Antony Blinken on Monday after Washington ordered family members at its embassy in Kiev to leave due to the “threat of Russian military action”. The ministers will say that “any further military aggression by Russia against Ukraine will have massive consequences and severe … Read more