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The French producer of alcoholic beverages, Remy Cointreau, published a report on financial results for the fiscal year that ended on March 31. Its revenue reached a record level of 1 billion 220 million euros, an increase of 7.8% in organic terms. These results were made possible by growing sales in the Asia-Pacific region and increasing market share in the United States. The performance of the House of Remy Cointreau cognac unit increased in all regions. The growth of its organic revenue was about 12%. Liqueurs & Spirits increased revenue by 4% over the year. Over the past year, the capitalization of Remy Cointreau increased by 20.3%, amounting to 5 billion 900 million euros.
The Dollar fell to two-year lows on Friday, heading to its lowest decline in 10 years as concerns mounted over the economic recovery of the U.S. amid a second resurgence of the COVID-19 pandemic. The Dollar index plunged to 92.777, on course ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
The dollar fell again on Tuesday as the U.S. economy drops into stagnation, while investors await the latest outlook from the Federal Reserve and the passage of the U.S. coronavirus fiscal stimulus. The dollar’s decline lifted gold prices ...
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