Customer demand for Kraft's processed food products counties to drop.
The American food giant's stock dropped 27 per cent after reporting flat sales in 2018.
Kraft also confirmed that its accounting practices were being investigated.
Saturday, 23 February 2019 10:17
Customer demand for Kraft's processed food products counties to drop.
The American food giant's stock dropped 27 per cent after reporting flat sales in 2018.
Kraft also confirmed that its accounting practices were being investigated.
Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.