Following its pullout from Russia and the suspension of operations in Ukraine, the cigarette company lowered its full-year net sales growth target. The corporation has stated that it is interested in selling its Russian operations to a local partner. British American Tobacco Plc lowered its guidance last week as well.
After reporting a 68 per cent increase in adjusted operating profit in the first half, the plumbing and heating products distributor boosted its share buyback programme.
• According to the corporation, price inflation in the second quarter of this year reached the high teens, owing primarily to finished items.
The supermarket delivery company agreed to utilise its in-store and warehouse software to help Auchan Retail Poland build its online operation.
.• The agreement calls for the construction of a customer fulfilment centre in the Warsaw region by 2024, with additional facilities planned in the future.
A senior Chinese ambassador said the country wants to avoid being hurt by US-led sanctions against Russia, while the US suggested China should use its power to help settle the conflict.
Shelling in Kyiv, Ukraine’s capital, resumed overnight, according to Ukrainian officials, who claim that Russian forces appear to be consolidating existing positions rather than pressing forward.
From Friday, the United Kingdom will remove all remaining foreign travel restrictions, including pre-departure testing for unvaccinated travellers.