Headline News
PepsiCo to buy tortilla chip maker Siete for $1.2bn
PepsiCo said on Tuesday that it has agreed to buy tortilla chip maker Siete for $1. 2bn.
Adnoc to buy Covestro in €11.7bn deal
Covestro shares sparked on Tuesday after the German chemicals firm agreed to be bought by Abu Dhabi’s state-owned oil firm Adnoc for about €11. 7bn.
Boeing considers raising at least $10bn selling new stock - report
Boeing is reportedly considering raising at least $10bn by selling new stock as it looks to replenish cash reserves depleted further by an ongoing strike.
Greggs backs full-year outlook but Q3 sales growth slows
Greggs slumped on Tuesday as it backed its full-year outlook but reported a slowdown in third-quarter sales growth.
WPP secures 'favourable outcome' from Unilever media review, shares jump
WPP jumped on Tuesday after consumer goods giant Unilever concluded its global media review and reappointed the ad agency’s media services business, Mindshare, in key markets.
UK manufacturing growth slows, business confidence falls
Growth in the UK manufacturing sector slowed in September, while business confidence deteriorated amid concerns about the upcoming Budget and geopolitical tensions.
Endeavour Mining taps Sonia Scarselli as new VP of exploration
Endeavour Mining announced the appointment of Sonia Scarselli as its executive vice-president of exploration on Tuesday, effective from December.
Mulberry rejects Frasers £83m offer
Expensive handbag maker Mulberry has rejected an £83m takeover offer from Mike Ashley’s Frasers Group saying it failed to recognise the company’s “substantial future potential value”.