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ELECTROLUX RESULTS
Reliance is trying to become "the coolest one"Reliance Retail is aggressively expanding into the consumer durables market, challenging established giants like LG and Samsung. The compan...
European shares end flat as markets assess earnings flurryEuropean shares remained stable on Friday, balancing healthcare losses with gains in oil and gas, concluding a week of corporate earnings. ...
Best 30 L microwave ovens for versatile kitchen useFind the best microwave ranges for baking, roasting, and reheating with superior performance, style, and functionality all condensed into o...
GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaosGlobal firms are reeling from the impact of trade tensions, with approximately 40 companies withdrawing or reducing their financial outlook...
Best Electrolux refrigerators: Stylish, efficient, and reliable cooling solutions for every homeElectrolux refrigerators are a perfect blend of innovation and style, offering reliable cooling, spacious interiors, and cutting-edge featu...
Some companies change tack in China with no recovery in sightGlobal companies are reducing costs in China due to its sluggish economy. Beijing's stimulus measures have yet to convince investors. Secto...
10 best-selling dishwashers for quick and efficient cleaningExplore the best-selling dishwashers of 2024, offering advanced features for a hassle-free cleaning experience. From energy-efficient model...
EQT-Temasek to sell green venture O2 PowerBarclays has been appointed to initiate a formal sale process. Approaches will be made to global infrastructure funds and energy companies....
How companies are responding to attacks on ships in the Red SeaAttacks on vessels by Iranian-backed Houthi militants in Yemen, targeting a route that accounts for about 15% of the world's shipping traff...
Electrolux to cut 3,000 jobs as sales fallSwedish home appliances maker Electrolux said Thursday it plans to cut some 3,000 jobs as it reported lower sales in the third quarter. In ...
European shares rise on strong earnings, Q1 GDP data on tapEurope's biggest home appliances maker Electrolux AB was the top gainer on the index, jumping 6.0%. The company earlier said that weaker de...
Maersk sees global supply chain woes for longer; lifts 2022 guidanceThe new guidance is based on a gradual normalisation in ocean container shipping in the fourth quarter of this year. Its previous guidance ...
PE group Advent to buy Eureka Forbes from Shapoor Pallonji Group for Rs 4,400 croreThe loss-making business, a subsidiary of listed Forbes & Co, will be spun out through a National Company Law Tribunal approved demerger pr...
Advent closes in on Eureka Forbes buy for Rs 4,500-5,000 croreBefore a formal announcement is made in the coming weeks, both sides have agreed to “deal exclusivity” for bilateral conversations. Once co...
European stocks sink as tech gloom spreads, Valeo plungesThe pan-European STOXX 600 was on track for its worst month since August 2015.
A new set of winners emerging, our job is to identify them: Devesh Kumar, CGS-CIMB Securities“Only solid businesses that have right-sized the balance sheets are going to survive.”
It's season of reshuffles in Rs 50,000 crore white goods industryIndustry executives spoke of recent changes at the mid-management level — branch and region manager — in various companies, including the K...
- AC makers feel the heat as sales dip this summer
Sales of air-conditioners and refrigerators have either fallen or stayed flat this season due to a weak summer and higher prices.
- Our profit in India is up 45% today: Arvind Uppal, President, Asia-Pacific , Whirlpool Corporation
The business mantra seems to have guided and helped Arvind Uppal over the last five years to tide over the difficult task of steering the a...
- Electrolux issues profit warning, cuts 3,000 jobs worldwide
Electrolux, the world's leading electric appliance maker, said Monday it plans to cut 3,000 jobs worldwide and warned it would not meet its...