Investment

Greggs' Growth Story Won't Be Derailed By UK Budget, CEO Says

The boss of Britain's Greggs said its rapid expansion would not be derailed by the new Labour government's tax raising budget, with any customer price rise...

Morrisons Creates 'Modest Room For Manoeuvre' With Debt Repayment: Analyst

Morrisons has repaid a further £200 million (€239.4 million) worth of debt and extended the group’s term loan facilities from 2027 to 2030...

COP29: US-UAE Climate-Friendly Farming Partnership Grows To $29bn

Funding for a climate-friendly farming effort led by the US and United Arab Emirates has reached $29.2 billion, the countries announced on Monday (18 Novem...

Coles Commissions WITRON For New Ambient Automated Distribution Centre

Coles Group Limited is investing $880 million to develop a new ambient Automated Distribution Centre (ADC) in Truganina, Victoria in partnership with WITRO...

Coop Amba Members Fredensborg Brugsforening, Føroya Keypssamtøka Form New Company

Coop Amba members Fredensborg Brugsforening (FOB) and Føroya Keypssamtøka (FK) have teamed up to form a joint company with 50% ownership and...

Nestlé's KitKat Signs Formula 1 Global Sponsorship Deal

Nestlé's KitKat brand has signed a global sponsorship deal with Formula 1 as CEO Laurent Freixe seeks to change the way the company markets its core...

UK Supermarket Asda 'Lost The Plot' But Is Fixable, Says Stuart Rose

Britain's third largest supermarket Asda "lost the plot" but can be fixed, its chairman said as it reported another slide in sales.

Migros To Invest CHF 2.5bn In Price Cuts, Renovation And Product Range

Swiss retailer Migros plans to invest CHF 2.5 billion (€2.7 billion) in price reduction initiatives, store launches and renovations, and own-brand pro...