Manufacturing

Kraft Heinz Forecasts Bleak Annual Profit As Higher Prices Hamper Demand Recovery

Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates, as the packaged food maker struggles with sluggish demand followin...

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Morrisons To See Stronger Growth Unless Asda Resolves Operational Problems: Moody’s

UK grocer Morrisons will outpace Asda in revenue and earnings growth until the latter resolves its operational problems, ratings agency Moody's said.

ADM Quarterly Profit Falls On Weak Crush Margins, Announces Layoffs

Grains merchant Archer-Daniels-Midland reported a drop in fourth-quarter profit, pressured by weak oilseed crush margins and uncertainty over US biofuel po...

Spanish Manufacturing Growth Accelerated In December, PMI Shows

Spain's manufacturing sector ended 2024 on a strong note, with both output and new orders accelerating in December, a survey by S&P Global showed.

Decline In Euro Zone Business Activity Eased In December, PMI Shows

The decline in euro zone business activity eased this month as the bloc's dominant services industry bounced back to growth and offset a long-running contr...

Veranova’s Cécile Maupas To Lead Bitrex’s Commercial Operations

Veranova has announced that Cécile Maupas, senior vice president and chief commercial officer, will now directly oversees Bitrex.

Mondi Warsaw Completion Of €90 Million Plant Upgrade In Poland

Mondi, a global leader in sustainable packaging and paper, has recently completed a €90 million investment upgrade in its Mszczonów plant near...

Irish Private Sector Firms Optimistic About Output Growth, Study Finds

Irish private sector firms were among the most confident about output growth over the next 12 months, according to a new survey by S&P Global Ireland B...