Year: 2024

Related media - Recent news Shares of Diageo, the renowned spirits maker behind Johnnie Walker, fell more than 10% on Tuesday after it reported its first annual sales decline since the pandemic began. By the end of the trading day, the shares had recovered some losses but still closed down 5.08%. The London-based company reported a 0.6% decline in organic net sales for the fiscal year ended June 30, attributed primarily to underperformance in Latin America and the Caribbean markets. Reported net sales fell 1.4%. Despite the overall downturn, Guinness emerged as a bright spot for Diageo. The iconic Irish…

Related media - Recent news PARIS — In a modest gym north of Paris, U.S. team coach Cheryl Reeve pondered what gave her team the upper hand at the Olympics. “Depth,” she mused. “No, size. 1A, 1B.” Reeve’s assessment isn’t far off the mark. With three players over 6 feet 4 inches tall and several guards around 6 feet 1 inch, Team USA boasts a significant height and length advantage over most opponents. Their depth is equally formidable; while other nations might field competitive starting lineups, few can match the talent of the U.S.’s reserves. It’s a scenario where bench…

More news - Breaking news Shares in Dutch company Philips rose more than 10.5% on Monday morning after it reported second-quarter earnings that beat analysts' expectations. As of 9.32am London time, the stock had seen a slight decline, up 10.45%. Philips reported a 2% increase in group comparable sales to €4.5 billion ($4.88 billion), mainly driven by strong demand in North America, while sales in China declined. The company, known for its medical devices and personal care products such as electronic toothbrushes, also saw a 9% increase in comparable orders during the quarter. Philips attributed the muted demand in China…

Mijael Attias, at the helm of Merak Group, delivers a straightforward perspective on investment and private equity realms. In a recent article, Attias criticizes the excessive reliance on complicated jargon, advocating instead for the importance of converting financial ideas into real benefits for clients. This viewpoint sheds light on the core principles of Merak Group and offers a glimpse into the strategic thinking of its leader.Beyond Words: Prioritizing Value“Leave behind the sophisticated terms and buzzwords in your presentations; they hold little value," advises Mijael Attias. "The crucial element is demonstrating to people how your strategies will enhance their investment returns."…