Sabah Meddings

4 days ago | bloomberg.com | Lucca de Paoli |Sabah Meddings

Jose Alejandro Zamora Yrala in London, on June 2. Photographer: Chris J. Ratcliffe/Bloomberg(Bloomberg) -- The director of a firm at the center of a global investigation into bogus airplane parts appeared at a London court for the first time on Monday. Jose Alejandro Zamora Yrala was charged with fraudulent trading by the UK’s Serious Fraud Office. Wearing a blue suit and tie with a red handkerchief tucked into his top pocket, spoke only to confirm his name, date of birth and address.

1 week ago | bloomberg.com | Sabah Meddings

Asda has been struggling to retain market share. (Bloomberg) -- Asda has promised to keep slashing prices to widen the gap with rival supermarket chains, as Chairman Allan Leighton seeks to win back customers. Britain’s third-biggest grocer is now between 3% and 6% cheaper than its competitors, and Leighton said that gap would continue to grow as Asda cuts prices further.

1 week ago | news.bloombergtax.com | Claudia Cohen |Sabah Meddings

Remy Cointreau SA appointed Franck Marilly, a trade adviser to the French government and former Chanel veteran, as chief executive officer with the Cognac maker facing tariff challenges in two of its key markets. Marilly, 59, will take over on June 25 from Eric Vallat, who said last month he would be stepping down this summer following a turbulent period at the helm of a company known for its Remy Martin VSOP brand.

1 week ago | bloomberg.com | Claudia Cohen |Sabah Meddings

(Bloomberg) -- Remy Cointreau SA appointed Franck Marilly, a trade adviser to the French government and former Chanel veteran, as chief executive officer with the Cognac maker facing tariff challenges in two of its key markets. Marilly, 59, will take over on June 25 from Eric Vallat, who said last month he would be stepping down this summer following a turbulent period at the helm of a company known for its Remy Martin VSOP brand.

2 weeks ago | bloomberglinea.com | Sabah Meddings |Chris Ratcliffe

Bloomberg — Diageo Plc (DEO) recortará sus costos en US$500 millones en tres años mientras el fabricante del whisky Johnnie Walker lidia con los aranceles comerciales estadounidenses. El destilador británico se enfrenta a costos adicionales de US$150 millones anuales en los niveles actuales establecidos por la administración del presidente Donald Trump, la mitad de los cuales puede mitigar, dijo Diageo el lunes.