Centrica says cost savings plan on track despite difficult conditions

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Centrica says cost savings plan on track despite difficult conditions

By Nina Chestney. LONDON, May 10 (Reuters) – British utility Centrica CNA.L said on Monday it is on track to achieve cost savings of more than 100 million pounds ($141 million) this year despite difficult trading conditions. In a trading update, Centrica said …
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Trading Day: ASX ends up 1.3% at record high close

Welcome to the Trading Day blog for Monday, May 10. Stocks powered higher on the back of commodity prices and takeover activity. Both Crown and Star higher after merger offer, A2 Milk sinks after cutting forecasts again. Locally today, retail sales figures …
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S.Africa's Clicks to acquire retailer Pick N Pay's pharmacies

Clicks, which will rebrand the pharmacies, has been on a drive to extend the reach of its network. This latest acquisition increases its number of outlets to 632 nationally. Pick N Pay Chief Operating Officer …
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Panasonic forecasts profit 28% profit jump on economic rebound

Panasonic forecast operating profit to rise 27.6% to 330 billion yen ($3 billion) this business year. The figure is slightly higher than an average forecast of 327.56 billion based on estimates from 16 analysts, Refinitiv data shows.
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CCI nod to acquisition of Ingram Micro by Imola Acquisition Corp

The acquisition pertains to 100 per cent shareholding and sole control of Ingram Micro together with its parent companies GCL Investment Management Inc and GCL Investment Holding Inc and its direct and indirect subsidiaries, which are collectively referred to …
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