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Reuters - 1 week geleden

Danone and Nestle fight for key French market as pressure to cut prices grows

Danone and Nestle fight for key French market as pressure to cut prices grows By Richa Naidu LONDON, Sept 25 (Reuters) - The world's biggest packaged food maker Nestle NESN.S and dairy giant Danone DANO.PA rely on France for revenue more than any other country in Western Europe, raising the stakes in price negotiations due to begin there next month. France has long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenue, according
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Reuters - 2 weken geleden

Cisco to buy cybersecurity firm Splunk for $28 billion

UPDATE 5-Cisco to buy cybersecurity firm Splunk for $28 billion Adds comments from CEO interviews, updates share price, and background on the companies in paragraphs 1, 3-5, 7, 11-16 By Milana Vinn, Yuvraj Malik and Aditya Soni Sept 21 (Reuters) - Cisco Systems CSCO.O on Thursday agreed to buy cybersecurity firm Splunk SPLK.O for about $28 billion in its biggest-ever deal to strengthen its software business and capitalize on the boom in artificial intelligence.
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Reuters - 2 weken geleden

Consumer goods firms' pricing woes may spread beyond France

ANALYSIS-Consumer goods firms' pricing woes may spread beyond France Adds Ahold Delhaize and Colruyt comments on buying alliances in paragraphs 16 and 17, and European Commission closing antitrust investigation in paragraphs 18 and 19, removes reference in paragraph 12 to Colyrut being part of Epic By Richa Naidu and Helen Reid Sept 20 (Reuters) - Consumer goods firms like Nestle NESN.S , Lindt LISN.S and Unilever ULVR.L may face increased pressure across Europe to cut prices after being singled
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Reuters - 2 weken geleden

Consumer goods firms' pricing woes may spread beyond France

RPT-ANALYSIS-Consumer goods firms' pricing woes may spread beyond France Repeats Wednesday story without changes By Richa Naidu and Helen Reid Sept 20 (Reuters) - Consumer goods firms like Nestle NESN.S , Lindt LISN.S and Unilever ULVR.L may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say.
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Reuters - 2 weken geleden

Consumer goods firms' pricing woes may spread beyond France

ANALYSIS-Consumer goods firms' pricing woes may spread beyond France By Richa Naidu and Helen Reid Sept 20 (Reuters) - Consumer goods firms like Nestle NESN.S , Lindt LISN.S and Unilever ULVR.L may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. Ahead of contract talks due to start by next month, supermarket chain Carrefour CARR.PA has slapped price warnings on products to pressure top consumer goods suppliers
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Reuters - 2 weken geleden

Nestle picks WPP OpenMind as sole media agency in Europe

UPDATE 2-Nestle picks WPP OpenMind as sole media agency in Europe Adds details on Nestle media spending in paragraphs 6-10 By Richa Naidu LONDON, Sept 19 (Reuters) - Nestle NESN.S has picked WPP OpenMind to be its sole media agency in Europe, the world's biggest packaged food maker said on Tuesday, as it seeks to target consumers more efficiently in a cost of living crisis that is changing shopping habits.
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Reuters - 3 weken geleden

India's Reliance Retail in $1.5 bln Gulf, Singapore funds talks -sources

RPT-EXCLUSIVE-India's Reliance Retail in $1.5 bln Gulf, Singapore funds talks -sources Repeats with no changes to text Existing investors talking to Reliance Retail -sources Reliance targeting to close $3.5 bln fund raise by Sept Investors such as Singapore's GIC interested -sources Company's valuation nearly doubled to $100 bln in 3 yrs By M. Sriram, Aditya Kalra and Hadeel Al Sayegh MUMBAI/NEW DELHI/DUBAI, Sept 13 (Reuters) - India's Reliance Retail is in talks with existing investors includin
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Reuters - 3 weken geleden

India's Reliance Retail in $1.5 bln Gulf, Singapore funds talks -sources

EXCLUSIVE-India's Reliance Retail in $1.5 bln Gulf, Singapore funds talks -sources Existing investors talking to Reliance Retail -sources Reliance targeting to close $3.5 bln fund raise by Sept Investors such as Singapore's GIC interested -sources Company's valuation nearly doubled to $100 bln in 3 yrs Adds details on deal clause in paragraph 11, on Reliance business empire in paragraphs 12-15 By M.
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Reuters - 3 weken geleden

Tonic maker Fevertree's profit fizzles on high glass costs

UPDATE 2-Tonic maker Fevertree's profit fizzles on high glass costs Trims annual profit forecast Half-year adjusted core profit down 54%, sales up 9% Shares down 1.1% Adds detail on impact from UK and Australia in paragraph 4, shares in paragraphs 1 and 6, analyst comment in paragraph 8 Sept 12 (Reuters) - Fevertree Drinks FEVR.L trimmed its annual profit forecast on Tuesday after first-half earnings halved on higher glass costs and a wet summer in the UK, sending shares in the British tonic mak
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Reuters - 3 weken geleden

Burger King, Popeyes, Firehouse Subs And Tim Hortons Renew Long-Standing US Relationship With The Coca-Cola Company

BRIEF-Burger King, Popeyes, Firehouse Subs And Tim Hortons Renew Long-Standing US Relationship With The Coca-Cola Company Sept 11 (Reuters) - Coca-Cola Co KO.N : BURGER KING, POPEYES, FIREHOUSE SUBS AND TIM HORTONS RENEW LONG-STANDING U.S. RELATIONSHIP WITH THE COCA-COLA COMPANY RESTAURANT BRANDS INTERNATIONAL : BURGER KING, POPEYES, FIREHOUSE SUBS
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Reuters - 3 weken geleden

Ripe for change? Activist investors eye food, consumer goods firms

INSIGHT-Ripe for change? Activist investors eye food, consumer goods firms By Richa Naidu LONDON, Sept 11 (Reuters) - In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone's DANO.PA board, saying it had built a stake of more than 3% in the French food giant. "On almost every measure, Danone's performance has lagged," Artisan said, and called for change.
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Reuters - 4 weken geleden

Business software company Alteryx explores sale -sources

EXCLUSIVE-Business software company Alteryx explores sale -sources Updates with Insight Partners' interest in paragraphs 4-5, share reaction in paragraph 8 By Milana Vinn Sept 6 (Reuters) - Alteryx Inc AYX.N , a data analytics software company with a market value of $2.5 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter.
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Reuters - 4 weken geleden

Business software company Alteryx explores sale -sources

EXCLUSIVE-Business software company Alteryx explores sale -sources By Milana Vinn Sept 6 (Reuters) - Alteryx Inc AYX.N , a data analytics software company with a market value of $2.2 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter. Fierce competition from big rivals such as Microsoft Corp MSFT.O and Oracle Corp ORCL.N , as well as setbacks in winning new business, have suppressed Altery
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Reuters - 4 weken geleden

Barry Callebaut announces 500 mln Swiss franc investment plan

UPDATE 2-Barry Callebaut announces 500 mln Swiss franc investment plan Adds investor comment, share price reaction ZURICH, Sept 6 (Reuters) - Swiss chocolate maker Barry Callebaut BARN.S on Wednesday said it would spend 500 million Swiss francs ($563 million) over the next two years as part of a new strategic investment plan. The world's biggest chocolate maker said it would also overhaul its structure, increasing its number of regions from three to five while also reducing its executive committ
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Reuters - 1 maand geleden

What are global companies saying about China's economy?

FACTBOX-What are global companies saying about China's economy? Adds Hormel Foods Aug 31 (Reuters) - United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become " uninvestible ", pointing to fines, raids and other actions that have made it too risky to do business in the world's second-largest economy.
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Reuters - 1 maand geleden

What are global companies saying about China's economy?

FACTBOX-What are global companies saying about China's economy? Adds Apple Inc, rearranges table Aug 30 (Reuters) - United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become " uninvestible ", pointing to fines, raids and other actions that have made it too risky to do business in the world's second-largest economy.
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Reuters - 1 maand geleden

Disney gambles on free cricket to turn the tables in India streaming war

FOCUS-Disney gambles on free cricket to turn the tables in India streaming war Disney India to focus on advertising for streaming revenue growth Strategy shift comes amid growing rivalry with India's Ambani Hotstar has lost millions of users, but remains confident By Aditya Kalra, Munsif Vengattil and Dawn Chmielewski NEW DELHI/LOS ANGELES, Aug 29 (Reuters) - Walt Disney DIS.N is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones, betting
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Reuters - 1 maand geleden

What are global companies saying about China's economy?

FACTBOX-What are global companies saying about China's economy? Adds Royal Bank of Canada, BHP Group and others Aug 28 (Reuters) - Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world's second-largest economy from a pandemic slowdown. Following are comments from some of the top firms on their China business during the latest reporting season: R oyal Bank of Canada RY.TO Canada's largest bank forecast s
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Reuters - 1 maand geleden

Global investors show new interest in Reliance Retail, Ambani says

Global investors show new interest in Reliance Retail, Ambani says By M. Sriram MUMBAI, Aug 28 (Reuters) - Reliance Industries' retail unit is attracting "strong interest" from other top investors after raising $1 billion from Qatar Investment Authority, its billionaire chairman Mukesh Ambani said on Monday. Reliance Retail, which aims to list on the stock market, raised $1 billion from Qatar Investment Authority at a $100 billion valuation last week , three years after a wave of fundraising whe
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Reuters - 2 maanden geleden

Norway fund wants more women on boards, concerned about excessive CEO pay

Norway fund wants more women on boards, concerned about excessive CEO pay Fund is world's single largest stock market investor Wants more women on boards, eyes developing countries Concerned about larger pay packages for CEOs By Gwladys Fouche ARENDAL, Norway, Aug 18 (Reuters) - Norway's $1.4 trillion wealth fund, the world's single largest stock market investor, is to step up pressure on the companies it invests in to have more women board members and to also reduce excessive executive pay, a t
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