Grupo Carrefour Brasil on Tuesday said it has started studies for a potential carve-out of its real estate business unit, which includes more than 450 assets and could lead to the creation of a retail-focused company with more than 1.5 billion reais ($287.09 million) of net operating income.
Electric-vehicle startup Arrival SA said on Tuesday it does not currently have cash on hand to fund operations for the next year, and there are material uncertainties about the company being a going concern.
TripAdvisor Inc's shares sank about 19% in premarket trade on Tuesday, a day after the online travel firm reported a weak quarterly profit and flagged a slowdown in revenue in the current quarter.
European Commission President Ursula von der Leyen urged countries to hasten action on climate change, speaking at the COP27 climate summit in Sharm El Sheikh on Tuesday.
Norwegian Cruise Line Holdings Ltd beat Wall Street quarterly revenue estimates on Tuesday, as travel demand bounced back following easing of COVID-related protocols even as inflation crimped discretionary spending.
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Indian tyre manufacturer MRF Ltd missed second-quarter profit estimates on Tuesday, as soaring input costs and supply chain issues weighed, offsetting a rise in revenue.
Clothing sales in Spain grew at this year's slowest year-on-year pace in October and fell from the month before due to rising costs of living, the retailers association said, expecting little let-up in the holiday season.
Nissan said on Tuesday that it was deepening its reflection on how alliance partner Renault's new electric vehicle business could be beneficial for the Japanese carmaker and how it would participate.
Cocoa bean arrivals to San Pedro, one of Ivory Coast's two main ports, were blocked last week after dock workers refused to offload trucks as part of an ongoing strike impacting the industry ahead of peak main crop harvests, exporters said on Tuesday.
