BGN Entrepreneur

France’s biggest telephone company on all measures–France Telecom has suffered a decline of 8% in operating profit and a fall in sales in the first quarter of 2012, largely due to the launch of an ultra-low-cost mobile phone rival in its domestic market.
According to France Telecom, it is said that earnings before interest, tax, depreciation [...]

Metro, is the world’s fourth-largest by sales, following Walmart, Carrefour and Tesco.
Recently, the German retail group just announced a lossmaking start to the year and said that the company was cutting back on its capital spending, which highlights the challenges facing some of the largest retail groups within the Europe Austerity.
After the sales of Metro [...]

Europe’s largest airline by revenue–Lufthansa unveiled its plans to cut 3500 jobs as the company reported a worse than expected operating loss of €381m in the first three month to March 31th of this year.
The analysts had been expecting a loss of €273m for the first quarter. However, they were reassured by how the German [...]

The pay-television group–British Sky Broadcasting has moved to distance itself from its biggest shareholder–News Corp, ahead of the UK regulator’s decision into whether the company is a “fit and proper” holder of a broadcast licence.
The move by BSkyB chief executive–Jeremy Darroch, came a day after a committee of MPs declared – by a majority of [...]

It is said that the fierce battle in the smartphone sector is increasingly becoming a two-horse race.
If Apple were to challenge its rivals in the smartphone sector to a contest with its all-conquering iPhone 4S, Samsung’s Galaxy S would probably become the model thrown into the arena for a battle.
A new, the third version of [...]

The oil and gas multinational–Royal Dutch Shell just unveiled a recommended cash bid of £1.12bn for the Aim-listed energy group–Cove Energy after agreeing to increase its initial valuation of Cove to 220p a share, facing the rival takeover interest from Asia.
However, according to Shell, it is said that the competing offers could still be [...]

According to Associated British Foods, it is said that the high sugar prices went on boosting the profits at the retail and food conglomerate, and would help provide the foundation for “substantial growth” in full-year earnings, even as consumer spending remains under pressure.
According to chief executive of ABF–George Weston, it is announced that the group [...]