All Finance articles – Page 494
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NewsCity snapshot: Consumer confidence falls back again in April
GfK’s Consumer Confidence Index decreased two points in April 2018 – the 28th consecutive month without a positive overall index score, trading updates from Coca Cola European Partners, PepsiCo and Hershey after a busy day in the US and all the latest news from the City.
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NewsMedia Bites 27 April: Poundworld, Palm oil, Amazon
Poundworld is finalising plans to shut more than a quarter of its 355 shops to prevent financial collapse, with the discounter is expected to announce proposals for a Company Voluntary Arrangement during the first half of May
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NewsPepsiCo grows sales in first quarter but soft drinks continue to struggle
Sales at US snack and soft-drink giant Pepsico rose 4.3% in the first quarter of 2018, despite struggling soft drink sales.
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NewsPricing drives first quarter growth at CCEP as volumes slide
UK Coke bottler Coca-Cola European Partners has reported a 1% organic growth in sales despite the cold weather and “customer challenges” causing a 2.5% slip in volumes.
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NewsPoundworld set to close a third of its UK stores
The discounter is reported to be planning the closure of c100 of its 335 UK stores, putting up to 1,500 jobs at risk
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NewsWholesaler Nila fails with loss of 29 jobs
The £17m-sales wholesaler, based in Southall near Heathrow, was established in 1994
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Analysis & FeaturesWet weather hinders spring crop planting
While last week’s sunshine has helped farmers plant some spring crops, more rain this week has further delayed planting
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Analysis & FeaturesSmaller US maize harvest hikes prices
Maize prices have increased on last month after new data suggested US farmers would plant fewer hectares of maize than was
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NewsCity snapshot: Retail staff numbers drop 2.5% in the first quarter
The British Retail Consortium has published its retail employment monitor for the first quarter, which shows total hours fell 3.2%, while the total number employed dipped 2.5%. Plus, trading updates from voucher provider Park, quarterly results from GlaxoSmithKline and Dr Pepper Snapple and all the rest of the latest news from the City.
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NewsMedia Bites 26 April: Whitbread, Plastics Pact, DRS
The papers dissect Whitbread’s decision to spin off Costa Coffee
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NewsSports nutrition drives 4.8% first quarter growth for Glanbia
Global nutrition group Glanbia has reported 4.8% revenue growth in the first quarter of 2018 at constant currency with a solid performance from its nutrition interests, US cheeses and its joint ventures.
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NewsWhitbread announces Costa spin-off plan
Whitbread has announced its intention to demerge Costa following pressure from activist American investors.
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NewsMedia Bites 25 April:John Lewis Partnership, Walmart, Coca-Cola
A little less than two thirds of a key council of John Lewis Partnership employees backed a proposal last May to support chairman Sir Charlie Mayfield’s “leadership and the continuing progress of the partnership” in its first secret ballot in more than a decade.
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NewsCoca-Cola Co buoyed by Zero Sugar's double digit growth in first quarter
Increasing sales of healthier soft drinks buoyed Coca-Cola in the first quarter, as it recorded volume growth of 3%.
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Analysis & FeaturesCryptocurrencies: is there a business case for Bitcoin?
Digital startups and forward-thinking high street franchises are beginning to accept cryptocurrency in UK outlets
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NewsCity snapshot: CMA clears £137.5m Co-op deal with Nisa Retail
The Competition and Markets Authority (CMA) has ruled on the proposed £137.5m merger of The Co-operative Group with Nisa Retail, which it said did not give rise to competition concerns.
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NewsMedia Bites 24 April: Whitbread, The Co-op, Kimberly-Clark
The City will focus on the language Whitbread chief executive Alison Brittain uses tomorrow when she announces the Costa Coffee owners’ full-year results in light of activist investors Sachem Head’s and Elliott Capital Advisors’ pressure for a split
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NewsReal Good Food completes sale of ingredients arm to address losses
Cake and decorations specialist Real Good Food has sold its ingredients business Garrett’s as part of its cost-reduction efforts.
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Comment & OpinionAs takeover gets go-ahead, Co-op will need swift success to satisfy Nisa members
The Co-op will have to quickly get to grips with dealing with thousands of individual and fiercely independent business owners