All Finance articles – Page 422
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NewsEU pushes ahead with tariffs on US food and drink exports
American bourbon, tobacco, sweetcorn, orange juice and peanut butter are among the food and drink products hit by the 25% tax
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NewsCity snapshot: 2 Sisters hit by protein price inflation
UK chicken giant 2 Sisters was buoyed by the £200m sale of Goodfellas to Nomad Foods in its third quarter, but underlying profitability collapsed on a £5.8m protein division loss. Plus, Oasis Management steps up campaign against Premier Foods CEO Gavin Darby and all the rest of the latest news from the City.
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NewsMedia Bites 25 June: Premier Foods, Poundworld, Tesco
The second-biggest shareholder in Mr Kipling-maker Premier Foods has called for the removal of chief executive Gavin Darby as part of its campaign against the leadership of the highly indebted company.
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NewsOrganic children's food brand Miniscoff in liquidation and seeking buyer
The Wiltshire-based company cited the loss of a major contract for its decision to cease trading 25 May
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News'Microsoft of retail' Ocado has a mixed week
Even by Ocado’s standards, it had a mixed week after a FTSE debut to forget on Monday was followed by a share price surge on being dubbed the “Microsoft of retail” by Wednesday.
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NewsDart Valley Foods falls into administration
Hampshire-based condiments supplier Dart Valley Foods has fallen into administration.
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NewsLosses deepen as profit margins drop at Daniels Chilled Foods
Newly filed accounts show the Hain Daniels subsidiary recorded an almost £18m decline in turnover
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NewsFroneri returns to profit in first year since R&R/Nestlé merger
Froneri said it had “performed strongly” in the year to 31 December 2017
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NewsCity snapshot: Kroger soars on first quarter earnings jump
Shares in US supermarket group Kroger jumped 9.6% yesterday after it announced first quarter earnings comfortably above analyst expectations. Plus all the rest of the latest news from the City.
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NewsMedia Bites 22 June: CO2, Heineken/Beavertown, Premier Foods
Food and drink producers on Thursday warned that a carbon dioxide shortage threatens to halt production and disrupt supply chains across Britain, prompting the UK government to say it was “working to find a solution” to the problem, writes The FT.
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NewsPremier Foods rallies support as activist investor calls for Gavin Darby's departure
Activist investor Oasis Management “intends to vote against” the re-election of Premier Foods CEO Gavin Darby at the company’s AGM next month.
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Comment & OpinionExtended Adjudicator remit confirmation will soothe Burnley and Coupe’s aches
The CMA will next month announce its long-awaited list of new retailers to be added to the remit of Groceries Code Adjudicator Christine Tacon
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NewsCO2 crisis: Government urged to step in to prevent shortages
The FDF says there is a worrying lack of clarity over how long shortages will last and what will be done to resolve them
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NewsBeer, fizzy drinks, chicken and meat hit by CO2 shortages
Supplies are running dangerously low right in the middle of World Cup fever and the crucial summer barbecue season
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NewsCity snapshot: Woolworths' £1bn forecourt sale to BP scrapped
Australia grocer Woolworths has announced the proposed A$1.8bn (£1bn) sales of its forecourt business to UK-based energy giant BP has been scrapped due to competition concerns. Plus pay dips for B&M boss Simon Arora and all the rest of the latest news from the City.
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NewsMedia Bites 21 June: Sainsbury's/Asda, Ocado, Poundworld
“MPs pour scorn on Sainsbury-Asda merger” is the headline in The Times (£) after The bosses of J Sainsbury and Asda were accused of lying to MPs.
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NewsM&S Bank to 'totally restructure' branch management roles
The retailer’s banking business is reviewing roles and consulting with employees to redeploy as many as possible
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Comment & OpinionCoupe and Burnley take a battering – but will the CMA take notice?
The pair suffered the mother of all grillings at the hands of MPs today, but it remains to be seen what impact the hearing will have on the deal’s competition clearance
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Analysis & FeaturesCO2 crisis explained: Causes, drivers and the impact on food & drink
Shortages in food-grade carbon dioxide are causing havoc for the UK food & drink industry. Here, we explain what’s behind the shortages - and why they’re having such a big impact on the industry
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NewsSainsbury's and Asda bosses given rough ride by Efra MPs about merger
The bosses of Sainsbury’s and Asda were quizzed by MPs about their proposed mega-merger today