Economy & Financial Reports

The board has elected to suspend dividends until at least September 2026 to retain earnings and support the new strategy.

Currency fluctuations have negatively impacted the company’s results.

Based on a trading update, Mondi PLC announced a prolonged demand slump, causing its shares to fall to their lowest price since 2013

Dow will close its 94,000 tonnes/year polyether polyols plant in Tertre, Belgium, by the end of Q1 2026.

The closures are the direct result of crippling energy and carbon costs, and a lack of tariff protection.

This stems from its commitment to cover a portion of employee compensation costs linked to layoffs at Toshiba Tec Information Systems (Shenzhen)

The UK’s EPR packaging scheme is already making its mark on retailers.

Increases in operational costs are forcing companies to reduce their workforce.

The company attributed the drop to sluggish demand in export markets, ongoing trade tensions, and aggressive price competition from regional players.

The group reported higher first-half revenue but a sharp fall in profit, as weaker demand in its distribution arm offset growth in manufacturing operations.