Finance news – Page 474
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NewsMedia Bites 15 Sep: Monsanto/Bayer, Ocado, Brexit
“Bayer bets the farm in $66bn Monsanto deal”, is the main business headline in The Times (£).
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NewsCity snapshot: Morrisons plays down Brexit after 2% second quarter sales hike
Morrisons said today it has seen “no negative impact” from Brexit after it announced second quarter like for like ex fuel sales growth of 2%
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NewsNim's Fruit Crisps eyes new markets
Snacking brand Nim’s Fruit Crisps is targeting new export markets and expanding its range after securing £150,000 bank funding.
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NewsCompass to 'revolutionise' foodservice buying with Foodbuy venture
The new venture follows the acquisition by Compass Group UK & Ireland of Acquire Services in 2015
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NewsBayer and Monsanto agree £50bn merger
Bayer has agreed terms with Monsanto for a $66bn (£50bn) takeover to create the world’s biggest seeds and pesticides group
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NewsThe Co-op reports sales of premium spirits are soaring
“Brits are wanting to adopt this sophisticated way of drinking at home”
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NewsApplegreen founders seek £23m payday with share sale
Applegreen’s CEO Bob Etchingham and chief operating officer Joe Barrett are looking for a near £23m windfall from a share sale in the listed petrol forecourt operator.
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NewsMedia Bites 14 September: Ocado, Hilton Food, inflation
Ocado’s pain gets plenty of exposure in this morning’s papers after the online grocer’s share price plunged 14% yesterday.
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NewsKitwave begins 'phase of growth' with Phoenix Fine Foods deal
Phoenix Fine Foods is a wholesale supplier of frozen foods including vegetables, pizza, fish and ice cream…
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NewsHilton Food profits soar in first half
A successful launch of meat trading business in the UK has contributed to a surge in profits at Hilton Food Group, alongside volume growth at Tesco.
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NewsTesco BackIt crowdfunding looks to help small suppliers
The new crowdfunding platform went live this week with four companies on board
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NewsUK wine producers to develop blueprint for post-Brexit trade deals
New trade agreements could make Australian wine cheaper in the UK
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NewsOcado predicts growth ahead of ‘tough’ online grocery market
The online retailer is confident following a 15% increase in gross sales
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NewsCity snapshot: Currency movements help boost trading at Hilton Foods
Meat packing firm Hilton Foods has reported “strong” first half trading despite competitive retail grocery markets and uncertain macroeconomic conditions
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NewsMedia Bites 13 Sep: M&S, ABF, Morrisons
The news that M&S’ online chief Laura Wade-Gery will not be returning to the business following maternity leave gets plenty of coverage this morning.
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NewsButterkist growth slows decline at Tangerine Confectionery
Booming sales of popcorn brand Butterkist has helped slow a decline in sales at parent Tangerine Confectionery.
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NewsLaura Wade-Gery to leave M&S at the end of the month
Wade-Gery found herself at the centre of a media frenzy for taking maternity leave aged 50
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NewsAston Manor sales sour as UK cider market goes flat
Aston Manor Brewery is seeking to grow exports as difficulties in the UK cider market continued to sour sales for a second consecutive year.
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NewsMeadow Foods eyes acquisitions with backing of US private equity firm
Dairy processor Meadow Foods has secured investment from a US private equity firm to help fund acquisitions and organic growth the business.
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NewsFormer Tesco execs Steve Goswell and Karen Bird join McColl’s
Goswell joins as operations director while Bird assumes the role of human resources director