Azimuts UniCredit Deal to Yield Profits in the Long Run

MILAN, Jan 18 Reuters Italian asset manager Azimut expects to post a small loss on its business venture with UniCredit this year, but believes it will pay off in the longer term, its chairman said on Wednesday. It39;d be surprising if it didn39;t show a slight loss for 2023 but there are doubtlessly profits ahead, Chairman Pietro […]
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Online Retailer Boohoo Sales Drop 11 in Christmas Period

LONDON, Jan 19 Reuters British online fashion retailer Boohoo said revenue fell 11 in its key Christmas trading period, hurt by delivery disruption and tough comparatives, as it broadly stuck to annual guidance. For its financial year which ends on Feb. 28, Boohoo, which sells clothing, shoes and accessories aimed at 16 to 40year olds, said […]
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Deliveroo Achieves Breakeven in Second Half

LONDON, Jan 19 Reuters British meal delivery company Deliveroo said it achieved breakeven in adjusted earnings in the second half, boosting its margin for the year to a betterthanexpected 1, and it expected continued improvement in 2023. The company said on Thursday the gross transaction value GTV of its orders for its continuing operations increased 6 […]
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