Edition:
United States

Sangameswaran S

Bottler Coca-Cola HBC warns of higher finance costs, lower consumer spending

Feb 14 2019

Shares of soft drink bottler Coca Cola HBC AG fell 4 percent on Thursday after it warned of higher finance costs and weak consumer spending in several of its markets this year.

Whitbread adds 2 billion pounds to share buyback plans

Feb 13 2019

Whitbread will buy back an extra 2 billion pounds ($2.58 billion) of shares using proceeds from its Costa Coffee sale and aims to double the long-term network potential at its hotels business to more than 170,000 rooms in Britain and overseas.

Compass hits lifetime high after caterer serves up growth

Feb 07 2019

Compass Group Plc beat expectations with a 6.9 percent rise in organic first-quarter revenue helped by sporting and music event contracts, sending shares in the world's largest caterer to lifetime highs.

Apollo Global to buy packaging group RPC for 3.3 billion pounds

Jan 24 2019

Apollo Global Management is to buy packaging products maker RPC Group for 3.3 billion pounds ($4.28 billion) in cash after months of negotiations, marking the latest M&A deal for an industry in the midst of a consolidation phase.

RPT-UPDATE 2-Apollo Global to buy packaging group RPC for 3.3 bln pounds

Jan 23 2019

Jan 23 Apollo Global Management is to buy packaging products maker RPC Group for 3.3 billion pounds ($4.28 billion) in cash after months of negotiations, marking the latest M&A deal for an industry in the midst of a consolidation phase.

Staffing firm Hays bets on Germany despite economic slowdown

Jan 15 2019

Britain's staffing company Hays Plc said it had not seen any weakness in Germany's job market despite Europe's largest economy growing at the weakest rate in five years.

UPDATE 3-UK staffing firm Hays bets on Germany despite economic slowdown

Jan 15 2019

Jan 15 Britain's staffing company Hays Plc said it had not seen any weakness in Germany's job market despite Europe's largest economy growing at the weakest rate in five years.

PageGroup says Brexit, trade war make companies cautious about hiring

Jan 14 2019

Global recruitment company PageGroup said uncertainty around Britain's exit from the European Union had taken a toll on the country's job market, and it was seeing slower business in China due to the trade war with the United States.

UPDATE 2-Recruiter Robert Walters signals slowdown in UK jobs as Brexit looms

Jan 10 2019

* Q4 UK income grows 2 pct vs 22 pct in Europe (Adds CEO comments)

Standard Chartered axes over 200 jobs in India: source

Dec 13 2018

Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday.

World News

U.S. raises pressure on Maduro via sanctions, aid airlift

The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border.