Articles

  • 2 weeks ago | wsj.com | Michael Susin

    Licensing remains a significant area of focus, the FTSE 100 company saidThe retailer and maker of Warhammer miniatures—which joined London’s blue-chip FTSE 100 index last month—said it expects pretax profit for the year ending June 1 to rise to at least 255 million pounds ($342.2 million) from 203.0 million pounds a year earlier. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

  • 2 weeks ago | marketscreener.com | Michael Susin

    By Michael Susin Tesco said its U.K. Chief Executive Matthew Barnes stepped down from the role to pursue other opportunities. The U.K.'s largest grocer by market share said on Thursday that Barnes will be replaced by Ashwin Prasad, currently chief commercial officer, from June 30. Prasad has been part of Tesco's executive since 2020 and brings retail and commercial experience to the role, it added.

  • 2 weeks ago | marketscreener.com | Michael Susin

    By Michael Susin Volkswagen named Stefan Mecha as chairman of its commercial vehicles brand, effective from July 1. Mecha is currently the chief executive officer of the German carmaker's passenger cars brand, with responsibility for China region. "Mecha will take the Volkswagen commercial vehicles brand to the next level and further strengthen cooperation within the Brand Group Core," Volkswagen Brand Chief Executive Thomas Schaefer said Wednesday.

  • 2 weeks ago | marketscreener.com | Michael Susin

    By Michael Susin Rio Tinto said it agreed to form a joint venture with Corporacion Nacional Del Cobre de Chile to develop a lithium project in Chile's Salar de Maricunga resource base. The world's second-biggest miner by market value said Monday that it will invest up to $900 million, consisting of initial funding and further development subject to certain milestones and studies. The joint venture aims to deliver first lithium by the end of 2030.

  • 3 weeks ago | wsj.com | Michael Susin

    Shareholders cite lack of a succession plan for supervisory-board chairman Thomas RabeRabe, chief executive of both German media group Bertelsmann and its listed broadcasting arm RTL Group RRTL -0.46%decrease; red down pointing triangle, has chaired the supervisory board of the German sporting-goods company since 2020. Adidas shareholders are set to vote on a proposal for him to remain in the role for an additional year at the annual meeting scheduled for Thursday.

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Michael Susin
Michael Susin @mfsusin
8 Feb 24

Unilever Sales Volumes Return to Growth for the First Time Since 2022 https://t.co/Wi4RuSukVD via @WSJ

Michael Susin
Michael Susin @mfsusin
11 Jan 24

Tesco Lifts Guidance After Strong Christmas Period https://t.co/i1dGCoA57c via @WSJ

Michael Susin
Michael Susin @mfsusin
2 Jan 24

https://t.co/AA3LGxbxM7