Sabah Meddings

1 week ago | bloomberg.com | Sabah Meddings

The smell of ammonia seeps into Ann Cuthbert’s furniture, clings to her curtains and can even overwhelm the taste of her food. “It’s like chopping an onion,” the 67-year-old says. “Your eyes will stream, and it irritates the back of the throat.”Cuthbert blames a pig farm owned by the UK’s biggest pork producer, which has been expanding in the area where she lives in eastern England. She’s been complaining almost weekly to the environmental watchdog.

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

Moët Hennessy will reduce its workforce to the 2019 headcount, as the wine and spirits division of luxury giant LVMH faces lackluster US demand and a tariff standoff between the European Union and China over Cognac. Jean-Jacques Guiony, Moët Hennessy’s chief executive officer, told staff the workforce would be reduced to 2019 levels as the company adjusts its size to better fit its annual sales, according to French news outlet La Lettre.

1 week ago | news.bloomberglaw.com | Sabah Meddings

Moët Hennessy will cut its workforce by more than 10%, as the wine and spirits division of luxury giant LVMH faces lackluster US demand and a tariff standoff between the European Union and China over Cognac. Jean-Jacques Guiony, Moet Hennessy’s chief executive officer, told staff the workforce would be reduced to 2019 levels as the company adjusts its size to better fit its annual sales, according to French news outlet La Lettre.

2 weeks ago | news.bloombergtax.com | Sabah Meddings

Remy Cointreau SA’s shares rose after its US sales recovered on stronger performance of its Remy Martin VSOP brand, offering some respite after the company’s struggles earlier in the year. The Remy Martin Cognac maker, which is hunting for a new chief executive ahead of Eric Vallat’s planned exit this summer, said US sales in the fourth quarter rebounded strongly following a sharp decline overall in 2024. The company’s shares rose as much as 4% in early trading in Paris.

2 weeks ago | bloomberg.com | Sabah Meddings

(Bloomberg) -- Remy Cointreau SA’s shares rose after its US sales recovered on stronger performance of its Remy Martin VSOP brand, offering some respite after the company’s struggles earlier in the year. The Remy Martin Cognac maker, which is hunting for a new chief executive ahead of Eric Vallat’s planned exit this summer, said US sales in the fourth quarter rebounded strongly following a sharp decline overall in 2024. The company’s shares rose as much as 4% in early trading in Paris.