Europe markets

Fonterra announced a net profit of 659 million New Zealand dollars for the 12 months to July 31, rebounding from a 605 million New Zealand dollars loss the previous year.

UK chain retailer Marks & Spencer to cut 950 jobs

By Xinhua News

Jul. 21, 2020

British high street retailer Marks and Spencer (M&S) has planned to cut 950 jobs amid the COVID-19 pandemi.

Helsinki-based children’s language learning provider, Playvation, has landed €700k funding in a seed round led by Sparkmind.vc.

U.K. Retailers Act To Shore Up Profits Amid Quarantine

By Victoria Pavlova

Apr. 1, 2020

This week, the Guardian revealed that online grocery giant Ocado has ordered 100,000 Covid-19 testing kits for its staff, in an effort to ensure they are “working round the clock” to deliver essential goods to the public. Ocado has said that it wants all its warehouse and delivery staff tested regularly in order to avoid multiple workers taking preventative sick leave.

They pursue high-quality life and pay more attention to imported products. Imported milk powder is greatly preferred by them.

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