United Kingdom

Uday Sampath Kumar

Smith+Nephew CEO steps down over pay, ex-Roche Diagnostics chief to take over

21 Oct 2019

Smith+Nephew Plc Chief Executive Namal Nawana is stepping down after just 17 months in the role after becoming dissatisfied with his salary at the medical device maker.

Holiday Inn-owner IHG hit by weak China, Hong Kong bookings

18 Oct 2019

Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per room on Friday, the latest company to be pinched by weaker global travel.

UPDATE 2-WH Smith to buy Marshall Retail for $400 mln in U.S. airports push

17 Oct 2019

* Acquisition to double WH Smith's international travel business

U.S. and China help Hays buck gloom among UK recruiters

15 Oct 2019

Hays Plc bucked the gloomy trend among British recruiters on Tuesday, with strong net fees growth in the United States and China helping to offset slowing markets closer to home.

Dunelm warns weak British pound to squeeze margins later in year

10 Oct 2019

British homewares retailer Dunelm Group Plc warned on Thursday that a weakening pound would weigh on its profit margins later in the year as raw material costs rise, driving its shares down more than 5%.

Recruiters pummelled by widespread economic angst

08 Oct 2019

Britain's PageGroup and Robert Walters warned on Tuesday that profit will be hit by a global recruitment squeeze as continuing geopolitical issues such as Brexit and the U.S.-China trade conflict dent economies.

Advertising blitz, sugar-free Gatorade drive PepsiCo profit beat

03 Oct 2019

PepsiCo Inc benefited from an ad blitz in the third quarter, beating profit and sales estimates, as more health-conscious consumers bought its low-calorie beverages and snacks in North America.

US STOCKS-Apple, Broadcom keep Wall Street gains in check

13 Sep 2019

* Trump says potentially open to interim trade deal with China

Apple, Broadcom hold back Wall Street gains

13 Sep 2019

Losses for U.S. technology majors Apple and Broadcom overturned early gains on Wall Street on Friday, as traders balanced the latest indicators on an uncertain global growth outlook with perceived progress in reducing Sino-U.S. trade tensions.

US STOCKS-Apple, Broadcom rein in Wall Street gains on trade optimism

13 Sep 2019

* Trump says potentially open to interim trade deal with China

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