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United States

Siddharth Cavale

BAT shares light up as it streamlines new age brands

Aug 01 2019

LONDON British American Tobacco beat first-half sales forecasts on Thursday, helped by higher demand for e-cigarettes, and predicted a stronger performance in the second half as it focuses on a smaller number of fast-growing new age brands.

Reckitt cuts sales target as China infant formula demand slows

Jul 30 2019

LONDON Reckitt Benckiser cut its full-year revenue target after reporting lower than expected sales in its last quarter under long-time chief executive Rakesh Kapoor, hurt by a surprise slowdown in demand for infant formula in China.

RPT-FOCUS -As rural India develops taste for chocolate, a dominant Mondelez extends its reach

Jul 29 2019

* Growth in incomes, sharp tax cut propel India chocolate sales

FOCUS -As rural India develops taste for chocolate, a dominant Mondelez extends its reach

Jul 28 2019

* Growth in incomes, sharp tax cut propel India chocolate sales

Unilever second-quarter sales slip as wet weather hits Europe

Jul 25 2019

Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and moderating growth in India, but kept its full-year sales target intact.

Diageo fails to reach pay deal with Scottish unions, faces strikes

Jul 24 2019

LONDON Talks over pay between Diageo Plc and two of its biggest Scottish unions fell apart on Wednesday, threatening the production of some the region's most popular whiskies.

Unilever, Tesco, Nestle ranked top on meat alternatives: report

Jul 24 2019

LONDON Unilever , Tesco and Nestlé are among the best prepared to capitalize on the trend for plant-based meat substitutes, according to a report from an investor group managing $5 trillion in assets.   

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