Brazil's Oi files for second bankruptcy protection process

The 80-minute programme will also archive Deborah's collection of voice notes, Tik Tok videos, Instagram posts, 'You Me and the Big C' podcasts and family videos. I knew many from the business community, from all over the world. 'Look at the people who visited. They brought their families.' They came, some of them for the first time. "At one of the assembly stages, the hermetic seal of fuselage is checked by pumping excess pressure into the compartments. During these tests, a tragic incident occurred," the company said. March 2 (Reuters) - Kroger Co forecast annual profit above Wall Street estimates on Thursday, as the supermarket chain benefits from higher prices, easing cost pressures and steady demand for its groceries and other essentials. 'In our first FY results, we delivered a strong performance whilst navigating a highly volatile environment. Our organic revenue growth of 9 per cent was well balanced between volume and price, with two thirds of the business gaining or holding share. This performance reflected the quality of our portfolio of category leading brands, successful innovation, and excellent execution in market.' Kroger forecast adjusted earnings per share of between $4.45 and $4.60 for fiscal 2023, while analysts on average expected a profit of $4.20 per share, according to Refinitiv IBES data. Haleon's respiratory health business was particularly strong, posting organic growth of 32.6 per cent to £1.6 billion aided by a prolonged cold and flu season with North America and Europe sales significantly above 2019 levels. The books and stationery chain confirmed the hack has seen a possible breach of staff payroll data such as names, addresses, dates of birth and national insurance numbers, though it does not believe banking details have been accessed. Intesa Sanpaolo Vita, the group's insurance arm, bought 50% plus one share of RBM from its owners, the Favaretto family's holding company, for 325 million euros back in 2020. Italy's biggest bank Intesa Sanpaolo on Thursday said it would spend 360 million euros ($382 million) in cash to buy the 26.2% of healthcare insurer Intesa Sanpaolo RBM Salute it did does not own. While some carmakers have followed Tesla's lead and cut EV prices, Polestar says it has no intention of doing so, taking the same stance as former parent company Volvo Cars . SAO PAULO, March 2 (Reuters) - Brazilian telecoms company Oi SA has filed for a second bankruptcy protection process, it said on Thursday, only months after emerging from a similar restructuring process that lasted more than six years. ($1 = 5.1794 reais) (Reporting by Gabriel Araujo Editing by Steven Grattan and David Goodman) The move had been expected after Oi asked last month for an injunction to prepare while also seeking protection from its creditors under Chapter 15 of the U.S. bankruptcy code. "Best Buy's forecast implies things are worse than they were pre-pandemic, while trends, relative to 2019, are generally still much higher for many other companies," Tomlinson said. Best Buy will also close or remodel some of its larger stores, and open more smaller-sized outlets that sell used and refurbished electronics to pull in more budget-oriented shoppers, she added. Speaking last August, Monster CEO Rodney Sacks said the new offering will be ‘distinguishable from the many hard seltzer brands that have become so ubiquitous over the last several years'. 'Our favourite brand Monster is about to turn 21. We figure why not celebrate the big day by making an adult beverage. We hit delete on the energy blend, cut out the caffeine, and ditched the sugar. Clariant, whose chemicals are used in personal and home care products, said it expects 2023 sales of around 5 billion Swiss francs, down from 5.198 billion a year earlier. Consumer healthcare group Haleon's Chief Executive Brian McNamara said on Thursday he does not expect to announce any acquisitions or divestments imminently, amid analyst concerns its 2023 cost forecasts could hit consensus profit estimates. McNamara told Reuters that both types of transactions were on the cards, but added "there's certainly nothing imminent that is out there that I would talk about today".
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