Business

Czech Auto Sales Continue Downward Slide In May

In the first five months of the year, sales of new passenger cars fell by 30.3 percent year-on-year due to a drop in demand because of the coronavirus pandemic. In May alone, sales declined by 44.4 percent year-on-year. The Association of Car Importers (SDA) announced today. Unlike April, when dealerships were closed for most of […]

Avast Poised To Join FTSE 100 Amid Quarterly Reshuffle

Analysts expect antivirus software maker Avast to join the FTSE 100 index on the London Stock Exchange. Carnival and easyJet are among the companies set to depart the FTSE 100. FTSE Russell will announce the quarterly reshuffle of the composition of the index today. Avast was fAvast was founded in 1988 by Czech researchers Eduard […]

PPF Group’s 2019 Net Profit Up 16% to €1B

PPF Group’s net profit rose by 16 percent to one billion euros in 2019. The Group’s total assets increased by eight percent to EUR 48.6 billion, PPF reports. “2019 was another successful year for the Group. All key assets in consumer finance, banking, telecommunications and real estate have again shown stable profitability. The main driver […]