Kingfisher expects growth to slow as DIY boom cools

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Kingfisher expects growth to slow as DIY boom cools

The group, which operates the B&Q and Screwfix brands in the UK, said on Monday that it expected “distinct performances in the two halves of the coming year” with low double-digit sales growth in the first six months of its financial year.
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Stellantis pickups hit, Ford cuts production due to global chip shortage

The impact of the global semiconductor shortage on the auto industry spread over the weekend. Stellantis warned that its highly profitable pickup trucks were hit and Ford said it would cut more US production. Stellantis, the world’s fourth largest automaker, …
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Deliveroo kicks off $3.29b IPO, London's biggest this year

LONDON (BLOOMBERG) – Food-delivery start-up Deliveroo Holdings has started taking investor orders in a share sale of as much as £1.77 billion (S$3.29 billion), marking the largest initial public offering in the UK since September. Deliveroo is selling …
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Next Billion Users head Caesar Sengupta is leaving Google

A regular fixture at Google’s events in India, Brazil, and Indonesia, Sengupta (pictured above) is best known outside the company for leading the company’s Next Billion Users unit, an initiative to make internet and services more accessible to users in developing …
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Salesforce hires VMware veteran Parameswaran in top role

Cloud software firm Salesforce on Monday announced to appoint VMware veteran Arun Kumar Parameswaran as SVP and MD (sales and distribution) India from early May. IANS; March 22, 2021, 14:04 …
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