Confectionery giant Nestlé has proposed plans to move the production of the Blue Riband chocolate bar to Poland, resulting in around 300 UK job losses. The proposals will affect four UK sites; York, Fawdon, Halifax and Girvan. Job losses will predominantly affect York...
FX and CFD trading affiliate Investoo Group has announced the acquisition of financial news site Invezz, widening their reach into the online financial sector. Invezz is a financial news site and peer review marketplace for CFDs, Forex and shares, launched...
In one of his biggest transactions, French billionaire Bernard Arnault announced on Tuesday plans to take over Christian Dior (EPA:CDI), in a $13.1 billion deal. The deal will unite LVMH Moët Hennessy Louis Vuitton (OTCMKTS:LVMUY) luxury empire with Christian Dior, bringing together some of...
Despite growth in profits for Costa Coffee and Premier Inn, shares in Whitbread (LON:WTB) have fallen by almost six percent in the “tougher” consumer environment. Worldwide acceleration of Costa Coffee helped boost sales by 10.7 percent following the opening of 255 new...
U.S. paint maker PPG Industries (NYSE:PPG) have ramped up the pressure by raising the proposed offer to Akzo Nobel (AMS:AKZA) on Monday to €26.9 billion. The offer comes one day before Akzo has its annual meeting, where the group will face...