Investment

Investment Firm Nimbus To Acquire CelaVita From McCain

Nimbus Investment Fund has agreed to acquire chilled potato products maker CelaVita B.V. from McCain.

Britain's M&S Co-CEO Bickerstaffe To Leave This Year

British retailer Marks & Spencer said co-chief executive Katie Bickerstaffe would leave the group this year to pursue a portfolio c...

Britain's Tesco Raises Store Worker Pay By 9.1%

Tesco, Britain's biggest retailer, said it would raise store workers' hourly pay by 9.1%, in a move that reflects the increase in the government-mandated m...

UK's M&S Wins Court Challenge Over Blocked Marble Arch Store Plan

The British government's decision to block retailer Marks & Spencer from rebuilding its flagship store in Marble Arch in central London was unlawful, t...

Dole To Sell Progressive Produce To Arable Capital

Dole Plc has agreed to sell its 65% equity stake in Progressive Produce to PTF Holdings, the parent company of Pacific Trellis Fruit, for cash proceeds of...

Glanbia Sees Decline In Full-Year Revenue, EPS Up By A Fifth

Nutrition group Glanbia has reported group revenues of $5.4 billion in its full year 2023, representing a decline of 8.7% compared to the previous financia...

Nestlé Invests HUF 300m In Hungarian Factory

Nestlé Hungária is completing a five-year, HUF 300-million investment cycle in its Bük factory with a final HUF 55 million injection for...

UK's M&S Announces 10.1% Raise In Store Workers' Pay

British clothing and food retailer Marks & Spencer said it would give around 40,000 store workers a 10.1% pay increase from 1 April, a move that reflec...