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SABMiller Investing $300 Million in Peruvian Brewery
SABMiller Plc, the world's second-biggest brewer by volume, is investing $300 million in Peru to meet surging beer demand in Latin America's fastest-growing economy, according to the London-based company's local unit.
Thomas Cook shares crash as it reveals �328m loss and bemoans 'adverse publicity'
Shares in troubled Thomas Cook have tumbled again after it revealed losses deepened dramatically over the winter. The figures emerged as the holiday firm admitted it suffered from negative headlines after its near collapse at the end of last year, when ...
Tesco Bank shuts 5% bonds early, after income-hungry investors rush to buy
High demand from income-hungry investors for Tesco Bank's latest 5 per-cent corporate bonds will see the issue close two days early on Monday morning.
Thomas Cook hires travel industry outsider Harriet Green as top boss
Holiday operator Thomas Cook has poached Harriet Green from electrocomponents firm Premier Farnell to spearhead its recovery. Green is an outsider to the travel industry, but Thomas Cook said her experience of driving business transformation plans was ...
Molson Coors sales miss on weaker Canada
BR) and SABMiller Plc (SAB.L), Molson's business is concentrated in Canada, Britain and the United States, so weakness in one of those markets can cause worry.
Molson Coors Profit Falls On StarBev Charge; Names Gavin Hattersley CFO  RTT News
Lord Harris steps down as chief executive of Carpetright
Lord Harris of Peckham is to give up his role of chief executive of Carpetright from next Monday, it was announced today. Former finance boss Darren Shapland, 44, will become the new boss, while Lord Harris, 69, who founded the company 25 years ago ...
Ex-UBS Trader Sues After Firing for Mispricing Securities
-EARNINGS: Cisco Systems Inc., Lowe's Cos., salesforce.com Inc., Target Corp., Hormel Foods Corp., L Brands Inc., Staples Inc., Tencent Holdings Ltd.
Barclays rolls out online bank accounts in US
NEW YORK -(MarketWatch)- Barclays PLC's (BCS, BARC.LN) U.S. operation is getting into the online-banking business as it works to diversify funding for its growing credit-card operations.
Boko Haram Attacks Hurt Nigerian Breweries Sales, CEO Says
SABMiller Plc, the world's second-largest brewer by volume, is building a $100 million plant in Onitsha, in south-eastern Nigeria.
Cipla Cuts Prices of Cancer Drugs in India
Bayer's patented medicine costs 280,000 ($5,234) for a month. Cipla also slashed the cost of its copies of AstraZeneca PLC's lung-cancer drug Iressa by almost 60%, and brain-cancer drug temozolamide by 75%. Bayer declined to comment on Cipla's move, ...