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The British-Dutch company Unilever, which produces consumer goods, following the results of the second quarter reported on the growth of basic sales by 1.9%, not justifying the forecasts of analysts who had expected growth of 2.3%. The quarterly sales were adversely affected by the transport strike in Brazil, as well as low prices. During the first half of the year, prices rose by only 0.2%, so the bulk of the increase was in sales volumes. In the first half of the year, Unilever sales grew by 2.7%, while analysts had expected a 3% increase. Due to the pressure of exchange rates, the turnover of the first half of the year decreased by 4.8% to 24 billion 900 million euros.
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
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