Aussie Supermarkets Set To Capitalise On High Inflation, But Softer Demand Ahead

Aussie Supermarkets Set To Capitalise On High Inflation, But Softer Demand Ahead

By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Top supermarket chains Woolworths Group and Coles Group will likely see growth in their…

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Airbus' Defence Arm Says Berlin Delaying Exports Worth Billions

Airbus’ Defence Arm Says Berlin Delaying Exports Worth Billions

By Sabine Siebold MUNICH (Reuters) – Slow German government export approvals are holding up Airbus Defence & Space defence exports worth several billions of euros, the company’s chief executive said on Sunday, urging Berlin to speed up the process. “Several countries are interested in the (military transport plane) A400M. Unfortunately we are having difficulties to…

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Carmaker Stellantis Upbeat About Future Of German Brand Opel - Magazine

Carmaker Stellantis Upbeat About Future Of German Brand Opel – Magazine

BERLIN (Reuters) – Franco-Italian carmaker Stellantis is upbeat about the outlook of its German subsidiary Opel which it believes will be able to keep operating as a separate brand, the company’s Europe chief Uwe Hochgeschurtz told magazine Automobilwoche. “I’m happy with the brand and with its array of products,” Hochgeschurtz was quoted as saying in…

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