Investments

Carlsberg Bets On China, Expensive Beer For Higher Growth Goals

Danish brewer Carlsberg said it expects organic operating profit growth of 1% to 5% in 2024 and inflationary pressures to moderate.

Fortenova Explores Potential Sale Of Agricultural Business Unit

Croatian retailer Fortenova said it has commenced the process of assessing the potential sale of its agricultural business division.

Walmart To Raise Annual Wages For US Store Managers

Walmart said that it will raise the annual average salary and bonus for its US store managers beginning 1 February, taking the average hourly wage at...

Meat Producer Cranswick Upbeat On Annual Profit After Strong Christmas Sales

British meat producer Cranswick forecast annual profit ahead of its previous expectation, helped by stronger-than-expected trading in the Christmas quarter...

Barilla Announces Price Cuts Of 7-13% On A Range Of Products in Italy

Italian food company Barilla is planning price cuts of 7% to 13% on a wide range of products, including pasta, biscuits, snacks, and bread.

Baupost Affiliate Sells Its Shareholding In Bakkavor To LongRange

BP-PE5 L.L.C., an affiliate of the Boston-based investment manager Baupost Group, has sold 100% of its shareholding in Bakkavor Group to LongRange Capital...