Unilever to spin-off ice cream unit and cut jobs in cost-saving drive
Unilever has announced a scoop of changes to its operations, serving up a spinoff of its ice cream unit and a side of job cuts. [more…]
Category: U.K.
BP and Venezuela eye potential gas bonanza in Trinidad and Tobago
BP and Venezuela are discussing the potential development of a gas field in Trinidad and Tobago, signaling a potential boost in energy production for the [more…]
Vodafone’s Italian business sold to Swisscom for €8 billion
In a significant move, Vodafone has agreed to sell its Italian business to Swisscom, the Bern-based telecommunications firm, for a staggering €8 billion in cash. [more…]
JD.com abandons bid for Currys, following Elliott Advisors’ retreat
In a twist of events reminiscent of a high-stakes poker game, Chinese online retailer JD.com has decided to fold its hand and walk away from [more…]
Qatar’s Commercial Bank and Visa revolutionize payment experience with Visa Installment Solution
In a move to redefine the payment landscape in Qatar, Commercial Bank has partnered with Visa, the world leader in digital payments, to introduce the [more…]
Rolls-Royce’s aircraft engine sales soar
Rolls-Royce, the British aerospace and defense company, remains unfazed by the recent price increases for its aircraft engines, as the industry experiences a surge in [more…]
Kellanova announces plant closures in US and UK
In a strategic move aimed at enhancing productivity and efficiency, Kellanova, a global food company, has announced the closure of two of its manufacturing plants—one [more…]
British foodservices, SSP Group, expands in Australia, an important market
In a move set to significantly expand its footprint in Australia, SSP Group has announced its agreement to fully acquire Airport Retail Enterprises Pty Ltd [more…]
Rolls-Royce Motor rings in 2024 with exclusive Year of the Dragon collection
Luxury automotive manufacturer Rolls-Royce Motor Cars is celebrating the Lunar New Year in style with the launch of its limited Year of the Dragon Bespoke [more…]
John Lewis Partnership contemplates significant job cuts to accelerate restructuring efforts
The renowned owner of John Lewis department stores and Waitrose supermarkets, is reportedly considering a substantial reduction in its workforce over the next five years. [more…]