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The Latest Breaking News from EMEA

BNP Paribas Exits US Commodities Finance Business: Bloomberg

BNP Paribas (OTC:BNPQY) is set to exit its commodity finance business in the U.S., following previous retreats in other parts of the world, reported Bloomberg. “The decision to exit this business was in line with our approach at EMEA,” the bank stated. “The impact is limited, and BNP Paribas remains deeply committed…

Benzinga

The top team leading JD Sports after sudden resignation of long-time boss Peter Cowgill

BusinessLive profiles the top team now leading JD Sports

Birmingham Post

Sealed Air Boosts FY22 Outlook On Solid Q1 Performance

Sealed Air Corp (NYSE:SEE) reported first-quarter FY22 sales growth of 12% year-on-year to $1.42 billion, beating the consensus of $1.39 billion. Sales in the Americas rose 18% Y/Y, EMEA increased 4%, and APAC lost 1%. Net sales in the Food segment increased by 15%, and Protective improved by 8%. Adjusted EPS of $1.12…

Benzinga

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Whirlpool Shares Volatile Afterhours On Q1 Earnings Miss, Trimming FY22 Outlook

Whirlpool Corporation (NYSE:WHR) reported a first-quarter sales decline of 8.2% year-over-year to $4.92 billion, missing the consensus of $5.32 billion. Adjusted EPS was $5.31, missing the consensus of $5.36. Whirlpool states it recorded robust sales growth compared to pre-pandemic levels with healthy underlying consumer demand. Sales by region: North America $2.79 billon…

Benzinga

Looking for Value Stocks to Add to Your Portfolio? Here are 5 For Your List

Heightened inflationary pressure, deepening supply chain disruptions, and the possibility of aggressive interest rate hikes later this year have fostered a volatile stock market. Because these factors are not expected to abate anytime soon, we think investors looking to generate solid long-term returns could consider betting on the stocks of…

StockNews.com

Stay agile and learn to say no: six lessons businesses learned during the pandemic

The way companies adapted to new ways of working over the past two years can teach business owners more efficient ways of operating

The Guardian - UK

Cenntro Electric Takes 65% Interest In Tropos Motors Europe

EV technology company Cenntro Electric Group Ltd (NASDAQ:CENN) has agreed to acquire an equity interest in Mosolf SE & Co KG's subsidiary Tropos Motors Europe GmbH (TME). Mosolf is an automotive logistics and service provider in Europe. The company will acquire 65% equity interest in TME for €3.25 million and assume 100% of a shareholder…

Benzinga

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Molson Coors Beverage Clocks 14% Sales Growth In Q4, Tops Consensus; Boosts Dividend By 12%

Molson Coors Beverage Co (NYSE:TAP) reported fourth-quarter FY21 sales growth of 14.2% year-on-year, to $2.62 billion, beating the consensus of $2.55 billion. Net sales in the Americas rose 7.6% Y/Y, and EMEA & APAC gained 56.4%. Gross profit fell 4.2% Y/Y to $857.3 million. The operating margin was 6.3%, and operating income for…

Benzinga

Sealed Air Clocks 14% Sales Growth In Q4, Tops Consensus

Sealed Air Corp (NYSE:SEE) reported fourth-quarter FY21 sales growth of 14% year-on-year, to $1.53 billion, beating the analyst consensus of $1.49 billion. On an organic basis, sales in the Americas rose 20% Y/Y, EMEA increased 13%, and APAC gained 4%. Adjusted EPS of $1.12 missed the analyst consensus of $1.13. The gross profit…

Benzinga

Canada Goose Partners With Designer Salehe Bembury For NBA All-Star 2022

Canada Goose Holdings Inc (NYSE:GOOS) said it is collaborating with footwear designer Salehe Bembury as part of its multiyear partnership with the National Basketball Association (NBA) and its annual All-Star celebration. The limited-edition four-piece unisex capsule collection features signature patterns, embodying the freedom of ninety's NBA style. "The NBA significantly influenced my interest…

Benzinga

Udemy Plans To Expand EMEA Headquarters In Dublin

Udemy Inc (NASDAQ:UDMY) plans to expand its EMEA headquarters in Dublin, creating more than 120 new jobs in 2022. The company established its EMEA headquarters in Dublin in 2014, its first operation outside the U.S. The company relocated to a larger premise in the Windmill Quarter in Dublin in February 2020. Udemy, which…

Benzinga

Cyber security firm Arctic Wolf picks Newcastle for European HQ

The American firm will initially create 30 jobs in the North East but hopes to increase that number in the coming years

Birmingham Post

American tech firm creating jobs in North East after picking Newcastle for European HQ

Cyber security experts Arctic Wolf to create 30 jobs initially but hopes to increase that into the hundreds

Chronicle Live

Dublin jobs: Udemy looking to hire for over 120 roles with massive expansion planned

Tanaiste Leo Varadkar has welcomed the news as the online teaching firm is set to extend its EMEA headquarters in the capital

Dublin Live

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