The Latest Breaking News from EMEA

Business has made acquisitions in North America, France, Spain and the UK

BNP Paribas (OTC:BNPQY) is set to exit its commodity finance business in the U.S., following previous retreats in other parts of the world, reported Bloomberg. “The decision to exit this business was in line with our approach at EMEA,” the bank stated. “The impact is limited, and BNP Paribas remains deeply committed…

The way companies adapted to new ways of working over the past two years can teach business owners more efficient ways of operating

EV technology company Cenntro Electric Group Ltd (NASDAQ:CENN) has agreed to acquire an equity interest in Mosolf SE & Co KG's subsidiary Tropos Motors Europe GmbH (TME). Mosolf is an automotive logistics and service provider in Europe. The company will acquire 65% equity interest in TME for €3.25 million and assume 100% of a shareholder…

Molson Coors Beverage Co (NYSE:TAP) reported fourth-quarter FY21 sales growth of 14.2% year-on-year, to $2.62 billion, beating the consensus of $2.55 billion. Net sales in the Americas rose 7.6% Y/Y, and EMEA & APAC gained 56.4%.  Gross profit fell 4.2% Y/Y to $857.3 million. The operating margin was 6.3%, and operating income for…

Sealed Air Corp (NYSE:SEE) reported fourth-quarter FY21 sales growth of 14% year-on-year, to $1.53 billion, beating the analyst consensus of $1.49 billion. On an organic basis, sales in the Americas rose 20% Y/Y, EMEA increased 13%, and APAC gained 4%. Adjusted EPS of $1.12 missed the analyst consensus of $1.13. The gross profit…

Canada Goose Holdings Inc (NYSE:GOOS) said it is collaborating with footwear designer Salehe Bembury as part of its multiyear partnership with the National Basketball Association (NBA) and its annual All-Star celebration. The limited-edition four-piece unisex capsule collection features signature patterns, embodying the freedom of ninety's NBA style. "The NBA significantly influenced my interest…

Udemy Inc (NASDAQ:UDMY) plans to expand its EMEA headquarters in Dublin, creating more than 120 new jobs in 2022. The company established its EMEA headquarters in Dublin in 2014, its first operation outside the U.S. The company relocated to a larger premise in the Windmill Quarter in Dublin in February 2020. Udemy, which…

The American firm will initially create 30 jobs in the North East but hopes to increase that number in the coming years