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(Reuters) – The German cartel office said on Tuesday it had opened an investigation into Coca-Cola (NYSE:KO) Europacific Partners Deutschland over its pricing practices in the country. There were indications that Coca-Cola had possibly restricted the opportunities of other companies to compete due to the structure of terms offered to German retailers, in particular the […]

(Reuters) – The German cartel office said on Tuesday it had opened an investigation into Coca-Cola (NYSE:KO) Europacific Partners Deutschland over its pricing practices in the country. There were indications that Coca-Cola had possibly restricted the opportunities of other companies to compete due to the structure of terms offered to German retailers, in particular the […]

(Reuters) – The German cartel office said on Tuesday it had opened an investigation into Coca-Cola (NYSE:KO) Europacific Partners Deutschland over its pricing practices in the country. There were indications that Coca-Cola had possibly restricted the opportunities of other companies to compete due to the structure of terms offered to German retailers, in particular the […]

(Reuters) – The German cartel office said on Tuesday it opened an investigation into Coca-Cola (NYSE:KO) Europacific Partners Deutschland over pricing practices in the country. “There are indications that Coca-Cola could competitively hinder other companies through the design of its conditions towards German food retailers, in particular the discount structure,” Andreas Mundt, president of the […]

NEW YORK – Lennar Corporation (NYSE:LEN), a prominent player in the home construction industry, experienced a slight uptick in its stock price at the close of Monday’s trading session. The company’s shares ended at $122.25, marking a modest 0.04% gain, which notably outperformed the broader market indices. While the S&P 500 saw a slight decline […]

MUMBAI – Tata Technologies, a subsidiary of the renowned Tata Motors (NYSE:TTM), has announced that its initial public offering (IPO) will open on November 22 and close on November 24. This marks a significant event as it will be the first IPO from the Tata Group since the debut of Tata Consultancy Services (NS:TCS) in […]

Bridgewater Associates, one of the world’s largest hedge funds, has significantly reduced its exposure to US-listed Chinese companies, according to its latest regulatory filings. The move comes as the global tech war intensifies and China’s economic challenges deepen. The hedge fund, which managed about $197 billion as of the end of March, started retreating from […]

The Middle East Investor Relations Association (MEIRA) Annual Conference, held in Bahrain on Monday, has become a pivotal event for shaping the future of sustainable capital markets in the region. The conference, themed “From ESG to Sustainable Capital Markets,” brought together industry experts and stakeholders to discuss the integration of environmental, social, and governance (ESG) […]

Grafton Group, the international distributor of building materials, has announced its resilience in the face of economic pressures with a slight revenue increase in the first ten months of 2023. Despite challenging market conditions in the UK and Ireland, the company is set to meet its full-year operating profit expectations. The group, which operates prominent […]

By Ankika Biswas and Amruta Khandekar (Reuters) -European stocks closed at a one-month high on Tuesday, after data showing cooling U.S. inflation raised expectations that the Federal Reserve had reached the end of its interest rate hikes and could start easing monetary policy soon. The pan-European STOXX 600 added 1.3%, with rate-sensitive real estate stocks […]