LONDON – British consumer goods group Unilever on Thursday logged a rising net profit in 2021 but warned that soaring inflation would ramp up costs again this year. Profit after tax rose 8.4 percent to six billion euros ($6.9 billion) last year, Unilever said in a statement. The group, which has faced fierce criticism over … Read more
KARACHI: The exorbitant increase in freight rates and no monitoring of shipping companies are a matter of concern for the Small and Medium Enterprises (SMEs) exporters, an official said. Union of Small and Medium Enterprises (Unisame), president Zulfikar Thaver has voiced concerns over the SME exporters to the exorbitant increase in freight rates and no … Read more
COPENHAGEN: Driven by a huge demand for freight, coupled with increased freight rates, the Danish shipping giant Maersk achieved record profits in the third quarter of 2021, according to the company’s interim accounts. “Revenue was up 68 per cent to $16.6 billion, compared with the same quarter [of the] last year, earnings before interest, taxes, … Read more
