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Swiss Franc Soars Amid Market Turmoil

Zurich, August 5 (FinanceFlashNews) – The Swiss franc surged to a near 10-year high against the euro on Monday as investors sought safe-haven assets...

L’Oréal Acquires 10% Stake in Swiss Dermatology Company Galderma

Key Takeaways: L'Oréal's acquisition of a 10% stake in Galderma marks its re-entry into the dermatological market. This move will provide L'Oréal with access to the...

Hugo Boss Exits Russia, Sells Business to Wholesale Partner Stockmann

Metzingen, August 5 (FinanceFlashNews) - German fashion brand Hugo Boss announced on Monday that it has sold its Russian business to its long-time wholesale...

Volvo Car Sales Up Over 6% in July

Stockholm, August 2 (FFN) - Swedish automaker Volvo Cars reported a sales increase of more than 6% last month, driven by demand for its...

French Industrial Production Grows Slower Than Expected in June

Paris, August 2 (FFN) – France’s industrial production returned to growth in June, but at a slower pace than anticipated, according to data released...

Services: German group DHL saw a decline in profit in the 2nd quarter

Bonn, August 1 - German logistics group DHL recorded a decline in profit in the second quarter of 2024, as the slowing global...

BMW Profit Slumps in Q2 Amid China Woes

Munich, August 1 – German luxury carmaker BMW reported a decline in profit for the second quarter, hit by higher production costs and weakening...

Hungarian Economy Accelerates in Q2, Exceeding Expectations

Budapest, July 30 (TASR) - Hungary's economy surged ahead in the second quarter, posting its fastest growth in nearly two years. Despite this positive...

French Economy Surprises with Faster-Than-Expected Growth

Paris, July 30 - The French economy continued to grow at the same pace in the second quarter as in the first three...

Heineken Reports First-Half Loss

Amsterdam, July 29 – Dutch brewing giant Heineken reported a significant decline in profitability in the first half of 2024. The company posted a...

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