Banks, retailers and tech giants dominate big blue-chip results week April 21, 2024 A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.
Unilever struggles to find buyer big enough for its ice cream empire April 21, 2024 Consumer goods giant Unilever may be forced to hold on to part of its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.
Ocado faces investor calls to abandon London listing for New York April 21, 2024 Ocado has reportedly discussed with investors the possibility of moving its listing from London to New York in what would be yet another major blow to the capital's beleaguered bourse.
WATCH: Tesco picks up market share despite cost of living concerns April 19, 2024 Tesco has eaten into the market share of a host of other grocers. Watch the latest news from the supermarket giant.
Over 400 Stonegate pubs in London risk closure, GMB claims April 19, 2024 Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.
Shein still keen to buy Topshop from Asos April 18, 2024 Fast-fashion disruptor Shein is reportedly still interested in buying Topshop from Asos, the former golden egg of Philip Green’s now collapsed Arcadia empire.
Deliveroo treads water in first quarter but still projects growth for 2024 April 18, 2024 Deliveroo said orders were flat, reflecting the stagnant market, and the consumer landscape was "more stable but still uncertain".
Activist investors urge KitKat maker Nestlé to reduce reliance on sugar, fat and salt April 18, 2024 A resolution filed by a group of Nestlé shareholders will go to vote today at its annual general meeting, demanding one of the world's biggest food makers reduces its reliance on products which have high levels of sugar, fat and salts.
Drop the yellow circle? Tesco commences its £7m (plus fees) Clubcard rebrand after losing battle with Lidl April 17, 2024 Tesco has begun a £7m rebrand of its Clubcard Prices logo after losing a trademark battle against rival supermarket giant Lidl last month. Britain’s biggest supermarket, Tesco, was sued by German supermarket Lidi over its Clubcard Prices’ promotion which used a blue square with a yellow circle with the words ‘Clubcard Prices’ inside the box. [...]
Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market April 17, 2024 To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.