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United Kingdom

Siddharth Cavale

Diageo averts strike with unions over pay at Scottish distilleries

17 Sep 2019

Diageo Plc averted a planned strike on Tuesday at Scottish distilleries after reaching an agreement on worker pay with the GMB and Unite unions, a representative for the company said.

Diageo unions demand 5% pay rise as they prepare for strikes: source

12 Sep 2019

Unions at Diageo are demanding a 5% pay rise for workers due to go on strike in Scotland later this month and believe the stoppages will cost the drinks company 1 million pounds ($1.2 million) a day, a source familiar with the matter said.

Diageo unions demand 5% pay rise as they prepare for strikes -source

12 Sep 2019

Sept 12 Unions at Diageo are demanding a 5% pay rise for workers due to go on strike in Scotland later this month and believe the stoppages will cost the drinks company 1 million pounds ($1.2 million) a day, a source familiar with the matter said.

Where's the fake beef? Not at Kraft Heinz, investors worry

12 Sep 2019

CHICAGO Investors are chewing out Kraft Heinz Co for failing to lay out a full strategy for how it plans to compete in the roughly $3 billion(2.43 billion pounds)-a-year plant-based protein market.

BAT stubs out 2,300 jobs as new CEO tackles tobacco sector changes

12 Sep 2019

British American Tobacco plans to lay off 4% of its workforce, including a fifth of senior managers, as recently-promoted chief executive Jack Bowles grapples with challenges to the group's legacy products and health fears over vaping.

BAT shares light up as it streamlines new age brands

01 Aug 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

30 Jul 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

29 Jul 2019

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

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

29 Jul 2019

CHICAGO/HAROHALLI, India Two years ago, Satish P., a bakery owner in the small village of Harohalli near Bengaluru, had his doubts about stocking Mondelez's Cadbury Silk bars. | Video

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