Martin Deboo News
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Diageo Plc Chief Executive Officer Paul Walsh will step down after almost 13 years shaping the company into the world’s largest distiller and hand over the reins to his chief operating officer.
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British American Tobacco Plc, Europe’s largest cigarette maker, reported first-quarter revenue growth that beat estimates as the maker of Pall Mall and Dunhill raised prices to offset falling consumption.
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The U.K. government is still considering proposals to make plain packaging compulsory for tobacco products, Prime Minister David Cameron’s spokesman said after the Guardian reported that the country will follow Australia in introducing such a law as early as May.
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Imperial Tobacco Group Plc, Europe’s second-biggest tobacco company, fell the most in five weeks in London after the Guardian reported that the U.K. plans to follow Australia in introducing plain packaging for cigarettes.
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You can’t see them on Instagram, hear their tweets on Twitter, or pin them on Pinterest. We’re not talking about your grandparents, but about Primark, Britain’s fastest-growing fashion chain.
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Associated British Foods Plc said sales growth slowed at its Primark discount clothing chain as business conditions returned to normal after an “outstanding” start to the year.
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Nelson Peltz helped bring change to H.J. Heinz Co. that led to a $23 billion bid for the company last week. Now he’s turning his attention to Danone SA.
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Diageo Plc, the world’s largest distiller, maintained its pace of profit growth in the first half as it shifted away from the depressed economies of Europe and toward faster-growing emerging markets.
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A new condom that aims to enhance erections may also lift earnings and buyout prospects for unprofitable U.K. drugmaker Futura Medical Plc.
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Unilever, the world’s second- biggest consumer-products maker, fell the most in a month in Amsterdam trading after Investec Securities removed its “buy” recommendation on the shares for the first time in 17 years.
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