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On December 30, Iranian President Peskov responded to recent threats from the United States and Israel on social media, stating that "the Islamic Republic of Irans response to any brutal aggression will be severe and regrettable." US President Trump met with visiting Israeli Prime Minister Netanyahu at Mar-a-Lago in Florida on December 29. He threatened that if Iran attempts to rebuild its ballistic missile program, the US will support Israel in launching another attack on Iran.Gold and silver prices rose, and U.S. mining stocks generally rose in pre-market trading. Pan American Silver (PAAS.O) rose 3.8%, Gold Fields (GFI.N) rose 3.7%, Harmony Gold (HMY.N) rose 3.6%, Cordell Minerals (CDE.N) rose 3.3%, and Newmont Mining (NEM.N) rose 2.6%.On December 30th, at the 10th anniversary celebration of Zhuoyu (formerly DJI Automotive), official images released by Zhuoyu showed that among its partnered models, there are "50+ mass-produced models and 30+ models about to enter mass production," including the U8 and U9 from BYDs high-end brand, Yangwang. However, sources close to BYD indicated that Yangwangs autonomous driving solution provider is Momenta, not Zhuoyu. It is understood that the official price of the Yangwang U8 and U9 exceeds one million yuan, targeting the high-end new energy vehicle market.On December 30th, Cao Cao Mobility (02643.HK) announced that its consolidated affiliated entity, Hangzhou Youxing, entered into an equity acquisition agreement with Zhejiang Jidi and an equity acquisition agreement with Mercedes-Benz Mobility and Geely Holding. According to these agreements, Hangzhou Youxing agreed to acquire 50% equity interests in Weixing Technology from both Zhejiang Jidi and Mercedes-Benz Mobility for a total cash consideration of RMB225 million. Upon completion of the acquisitions, Weixing Technology will become a wholly-owned subsidiary of Hangzhou Youxing.On December 30th, the National Medical Products Administration (NMPA) held a meeting in Beijing to advance the pilot program for deepening medical device vigilance. The meeting heard reports from the first batch of pilot provinces and discussed specific measures to further deepen the pilot program. Xu Jinghe, member of the Party Leadership Group and Deputy Director of the NMPA, attended and addressed the meeting. The meeting emphasized the need to thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and its subsequent plenary sessions, deeply understanding the significance of deepening the pilot program for medical device vigilance; to clarify the responsibilities of all parties, implement pilot tasks, and strengthen the construction of systems and operational mechanisms; to improve platforms and systems, promote the "one body, two wings" construction, and enhance vigilance capabilities; and to fully utilize technologies such as AI to strengthen technological empowerment, quickly identify risk signals, and effectively handle risks.

Pernod Ricard Expects Digital Drive to Stimulate Growth

Aria Thomas

Jun 08, 2022 14:50

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Pernod Ricard (EPA:PERP) announced on Wednesday that it was betting on digital efforts, its portfolio of premium brands, and its distribution network to drive sales growth over the next five years.


Pernod, the second-largest spirits company in the world after Diageo (LON:DGE), stated that it will strive for organic sales growth of between 4 and 7 percent per year over the medium term.


Pernod, whose brands include Martell cognac, Mumm champagne, and Absolut vodka, reaffirmed its goal to increase operating profit margin by 50 to 60 basis points annually, assuming it can achieve annual organic sales growth of 4 to 7 percent in the medium term.


The corporation noted that its digital activities would entail more work to predict client preferences and industry trends using data.


Pernod Ricard has a Capital Market Day on Wednesday afternoon.