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1 week ago | 
today.westlaw.com | Shashwat Awasthi |Savio D'Souza |Rashmi Aich
(Reuters) -British pest control company Rentokil Initial said on Wednesday it would sell its workwear, flat linen and clean room business in France to H.I.G. Capital in a deal that values the business at about 410 million euros ($463.8 million).
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2 weeks ago | 
ca.marketscreener.com | Shashwat Awasthi |Emma Rumney
Published on 2025-05-19 at 02:27, updated on 2025-05-19 at 07:20 (Reuters) -Diageo unveiled a plan on Monday to cut $500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn around its performance and reduce its debts. Cost cuts would come from changes to Diageo's trade investment and advertising spend, overheads and supply chain, finance chief Nik Jhangiani told investors.
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3 weeks ago | 
marketscreener.com | Shashwat Awasthi
Published on 05/15/2025 at 02:36 (Reuters) -National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates. Its shares rose 2% to 1,038 pence by 0725 GMT, outperforming the wider market, which traded 0.5% lower. The renewable energy sector has been shaken by U.S. President Donald Trump's hostility to wind power.
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3 weeks ago | 
today.westlaw.com | Nivedita Bhattacharjee |Shashwat Awasthi |Barbara Lewis
(Reuters) -National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates....
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3 weeks ago | 
reuters.com | Shashwat Awasthi |Emma Rumney
A woman poses with a cigarette in front of Imperial Brands logo in this illustration taken July 26, 2022.
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4 weeks ago | 
marketscreener.com | Joanna Plucinska |Shashwat Awasthi
(Reuters) -British Airways owner IAG reported better than expected first-quarter profit on Friday and maintained its outlook for 2025, with resilient demand helping to almost triple earnings year on year. Shares were up 2.5% at 0847 GMT, as analysts and investors expressed optimism about IAG's prospects and strategy, bolstered by a strong performance across its British Airways, Aer Lingus and Iberia brands.
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1 month ago | 
money.usnews.com | Shashwat Awasthi
By Shashwat Awasthi(Reuters) -Aston Martin will split the costs resulting from U.S. tariffs between the company and its customers, and will sell down its U.S. inventory while limiting shipments there, the luxury carmaker's chief executive said on Wednesday. CEO Adrian Hallmark told analysts and reporters the company was considering further steps to navigate the evolving tariff landscape and would communicate potential updates to its pricing strategy in mid- to late-May.
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1 month ago | 
marketscreener.com | Shashwat Awasthi
(Reuters) -Lloyds Banking Group's profits fell 7% in the first-quarter, hit by higher costs and impairment charges, and it set aside 100 million pounds ($133 million) for the impact of trade tariffs imposed by U.S. President Donald Trump. The broad economic outlook has become much more unpredictable as a result of the tariffs, prompting other major banks to warn about the fallout, including in terms of credit quality and loan demand.
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1 month ago | 
marketscreener.com | Shashwat Awasthi
(Reuters) -Aston Martin will split the costs resulting from U.S. tariffs between the company and its customers, and will sell down its U.S. inventory while limiting shipments there, the luxury carmaker's chief executive said on Wednesday. CEO Adrian Hallmark told analysts and reporters the company was considering further steps to navigate the evolving tariff landscape and would communicate potential updates to its pricing strategy in mid- to late-May.
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1 month ago | 
kfgo.com | Shashwat Awasthi
By Shashwat Awasthi(Reuters) -Luxury carmaker Aston Martin said on Wednesday it was limiting exports to the U.S. to offset the impact of President Donald Trump’s tariffs and forecast improved results next quarter after a narrower-than-expected first-quarter loss. Global automakers have been hit hard by Trump’s 25% tariffs on all imported vehicles and foreign-made auto parts – a key escalation in a broader trade war that risks disrupting the global economy.
