International Flavors & Fragrances Inc. shares fell off a cliff in the extended session Monday after the company said higher inventory costs nearly doubled, and cut its sales forecast for the year. IFF IFF, -0.20% shares dropped 19% after hours, following a 0.2% decline in the regular session to close …
Devamını oku »Only a third of high costs are passed on to customers in Germany – Latest news
The German Economic Research Institute (Ifo) has published the results of the German Business Survey on company price increases. As a result, German companies have passed on only 34 percent of their higher production and purchasing costs to their customers in recent months. Weak demand, high competitive pressure and long-term …
Devamını oku »Solar energy avoided $ 34 billion in costs in Asian countries – Last Minute Economy News
A report entitled “The sunny side of Asia” was prepared by the London-based think tank Ember, Energy and Clean Air Research Center (CREA), Energy Economics and Financial Analysis Institute for China, India, Japan, South Korea, Vietnam, Philippines and Thailand. As a result, the $ 34 billion fossil fuel cost was …
Devamını oku »Construction Costs Increased 120 Percent in One Year – Last Minute Economy News
The Turkish Statistical Institute has announced construction cost index veri for September. As a result, the index increased by 1.57% in September compared to the previous month and by 119.83% compared to the same month in the previous year. On a monthly basis, the material index increased by 2.07 percent, …
Devamını oku »Biden warns oil companies: restrictions will apply if costs do not decrease
US President Joe Biden yesterday called on oil and gas companies to use their excess profits to reduce costs and increase production for American citizens or to pay higher taxes. In a statement to the White House, Biden criticized major oil companies for making huge profits while Americans, worried about …
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