Annual profit rises 2.1 to A1.13 bln Co raises final dividend amid strong performance Shares hit twoyear high, last up 2.4 Reuters Australian grocer Coles reported annual profit ahead of expectations on Tuesday, driven by robust supermarket sales and enhanced inventory control to curb theftrelated losses, sending its shares to a twoyear high. The country39;s secondlargest […]

Lego sales rose 13 in first half of 2024 The company grabbed market share in a flat toy market CEO expects doubledigit fullyear sales growth Lego holds back on store openings in China COPENHAGEN, Aug 28 Reuters Lego39;s sales of its colorful plastic bricks outpaced the overall toy market in the first half of the […]

BERLIN, Aug 28 Reuters Volkswagen39;s passenger cars brand is struggling to meet its 10 billion euro 11.14 billion costcutting target, undermined by issues including low sales and missing parts, German business paper Handelsblatt reported on Wednesday. A Volkswagen spokesperson declined to comment. The brand was 23 billion euros short of its savings goal for this year, two sources […]

BEIJING, Aug 28 Reuters Chinese ridehailing giant DiDi Global will swap cash plus its smart driving and cockpit unit for 16.5 of AutoAi, a subsidiary of statebacked maps firm NavInfo, the latter said in a stock exchange filing on Wednesday. DiDi Smart Transportation Technology will make up 87 of AutoAi39;s plan to boost its registered capital […]