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BAT Shores Up US Heated Tobacco Prospects As Competition Grows

British American Tobacco has submitted an application to market its Glo Hyper device as a reduced-risk product in the United States, its first movement in...

Mondi Considering DS Smith Bid To Create €11.7bn UK Paper Giant

Britain's Mondi said it is in the early stages of considering a possible all-share bid for its smaller rival DS Smith, a move which could create a packagin...

British American Tobacco Beats Full-Year Profit Estimates, Signals ITC Stake Disposal

British American Tobacco forecast low-single digit organic revenue growth, adding it expected a slow recovery in the United States economy.

Costco Names Former Kroger Executive Gary Millerchip As New Finance Chief

Costco Wholesale Corporation has appointed Gary Millerchip as its new chief financial officer and executive vice president, effective 15 March 2024.

Tyson Foods Posts Better-Than-Expected Q1 Results

Tyson Foods beat market expectations for first-quarter revenue and profit, in first signs demand for its meat products is beginning to recover as infl...

UK's Naked Wines Names Rodrigo Maza As New CEO

Naked Wines has named current UK boss Rodrigo Maza as its CEO, replacing Nick Devlin, who abruptly left the role in November amid dwindling sales at the on...

Fever-Tree Sees Annual Core Profit Falling Short Of Market Expectations

British tonic maker Fever-Tree Drinks forecast annual core profit to fall short of market expectations, even as profit doubled in the second half on strong...