Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
California

Live news: Saudi telecoms group STC acquires 9.9% stake in Spain’s Telefónica

Struggling Chilean retail group Falabella announced the resignation of CEO Gaston Bottazzini on Tuesday, after posting its fourth consecutive net loss in August.

Bottazzini, appointed in 2018, had led a push to expand Falabella’s online footprint, including an $800mn investment in its ecommerce business. The efforts have yet to pay off, with the company suffering from a slowdown in consumer spending in Chile. The country has struggled to revive its economy following a period of unrest in 2019 and the Covid-19 pandemic.

“I’m sure that during the next few years, we will start to reap the rewards of the efforts made during this challenging digitisation process,” Bottazzini said.

https://www.ft.com/content/5b1e9325-86be-4faf-8f2f-3f142a8f472a Live news: Saudi telecoms group STC acquires 9.9% stake in Spain’s Telefónica

Related Articles

Back to top button