Sodexo Shareholders Give Green Light to Pluxee SpinOff

Jan 30 Reuters Sodexo shareholders on Tuesday approved the spinoff of its voucher and benefits division Pluxee, paving the way for its listing on Euronext Paris on Feb. 1. French food caterer, which is benefiting from the costofliving crisis as employers look for ways to support staff without hiking wages, announced in April 2023 a plan to spin […]
Read More

Major Gulf Markets in Red; Dubai Gains

Jan 30 Reuters Major stock markets in the Gulf fell in early trade on Tuesday ahead of the Federal Reserve39;s decision and rising tensions in the region, while the Dubai bourse rose on upbeat earnings. The Federal Reserve39;s policy meeting and Chair Jerome Powell39;s commentary will likely be the main event of the week, while […]
Read More

German Woes Darken Central Europes Recovery Prospects

Czech Republic, Hungary most exposed to slowdown Companies tap overseas markets, new industries Most aim to keep turnover stable, some see job cuts Global conflicts, Red Sea crisis complicate efforts BUDAPESTPRAGUE, Jan 30 Reuters The sickly state of the German economy is the next big challenge for the exportreliant countries of central Europe, which are […]
Read More