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UK Inflation Unexpectedly Falls To 2.5% In December

British inflation unexpectedly slowed to an annual rate of 2.5% in December – down from 2.6% in November, official figures have shown.

Lindt Sees Further Growth For 2025 As Price Hikes Combat High Cocoa Costs

Lindt lifted 2024 margin estimates and forecast sales growth for 2025 after results indicated enduring popularity despite price hikes.

Just Eat Takeaway Sells US Unit Grubhub For $650m

Europe’s biggest meal delivery firm Just Eat Takeaway has said it has struck a deal to sell its US unit Grubhub to Wonder for $650 million.

Sainsbury’s Biggest Investor QIA Cuts Holding

Sainsburys’ biggest shareholder QIA is selling £306 million worth of shares in the group, reducing its holding by 5%.

Diageo Shares Rise Ahead Of Investor Meeting

Diageo said on Thursday some of its strategic initiatives were starting to pay off as shares rose in early trade.

Mars To Buy Kellanova For $36bln In 2024’s Biggest Deal

Mars has confirmed that it will purchase Kellanova in a nearly $36 billion agreement, making it the year’s biggest deal to date.

LVMH Shares Fall As Second-Quarter Sales Fail To Impress

Shares in LVMH fell on Wednesday as an in-line increase in sales at the world's top luxury indicated the overall sector was moving towards a less impressiv...

Juul Ban Could Allow Altria To Explore E-cigarette Options, Analysts Say

Juul's US e-cigarette ban could pave the way for Altria, one of its largest investors, to pursue other vaping product makers or go it alone, Wall Street an...

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Beyond Meat Reverses Course After Slipping Below IPO Price In Choppy Trading