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The second-largest producer of alcohol in France, Remy Cointreau, has reported on the results of 2017-2018, which ended March 31, announcing the increase in revenue in annual terms by 2.9% to 1 billion 127 million euros. Organic revenue growth was 7.2%. Sales of Remy Martin brandy increased by 7.4% and reached 760 million euros. The company reports that the highest revenue growth rates were recorded in the Asia-Pacific region. This was facilitated by sales in China, Singapore, Japan, as well as the revenue of a new unit opened in Malaysia. Since the beginning of trading on Wednesday, the price of Remy Cointreau shares has fallen by 2%. The company's capitalization amounted to about 5 billion 750 million euros.
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 ...
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 ...
Gold traded lower earlier on Thursday in Asia but still remained above the $1,800 mark for three consecutive days. Gold futures lost 0.04% to $1,819.95 per ounce at 10:22 PM ET (3:22 AM GMT), with the yellow metal holding on to gains from ...
Asian shares hit four-month highs on Monday as investors relied on liquidity and market stimulus to support global economic recovery despite the surge of new cases in the United States. MSCI’s broadest index of Asia-Pacific shares outside ...
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