Nestlé sales go flat in first quarter

Swiss food and drink giant Nestlé has reported anaemic sales growth as Asian market strength was offset by weak consumer spending in the Americas. First quarter sales rose 0.4 percent to 21 billion Swiss francs (21.1 billion dollars), slightly below analyst expectations of 21.3 billion francs, compiled bythe AWP agency. But organic sales growth, which […]


Renault-Nissan sales close to 10 million in 2016

Renault-Nissan said Wednesday it sold nearly 10 million vehicles worldwide as the group faces up to accusations that Renault participated in an emissions scandal. Renault-Nissan, which has aspirations to become one of the world’s top three carmakers behind Volkswagen and Toyota, said in statement that unit sales jumped by nearly 17 percent to 9.96 million […]

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Volvo predicts record sales in 2017

Swedish carmaker Volvo, owned by Chinese group Geely, predicts a bright future after reporting a healthy profit rise in 2016 thanks to record sales and stronger finances. Net profit soared by 90 percent to 5.94 billion kronor ($628 million) while sales climbed by ten percent to 164.04 billion kronor, Volvo Cars said in a statement. […]


Eurostar sales boosted by weak pound

Eurostar is showing signs of recovery after sales were hit by Brexit and terrorist attacks. The fall in Sterling boosted growth from France to the UK during October, with traffic up 18 per cent year-on-year during that period. Overall, passenger numbers in the third quarter 2016 were down 10 per cent compared to last year […]