By Diana Mandia (Reuters) -French catering and food services group Sodexo plans to spin off and list its Benefits & Rewards Services (BRS) business during 2024, it said on Wednesday, sending its shares up more than 11% in early trading. Sodexo last May scrapped a plan to sell a minority stake in BRS, which delivers…
By Andrey Sychev and Paolo Laudani (Reuters) -Switzerland’s Barry Callebaut, the world’s biggest chocolate maker, on Wednesday appointed Peter Feld as its new chief executive after lowering sales volume guidance as inflation-hit consumers cut back on purchases. Feld succeeds CEO Peter Boone, who is stepping down for personal reasons with immediate effect, the company said….
By Tom Westbrook SINGAPORE (Reuters) – Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar. Asia trade was thinned by holidays in Hong Kong…
By Noele Illien ZURICH (Reuters) – UBS will seek to reassure shareholders on Wednesday that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work. Last month, Swiss authorities announced that UBS would buy Credit Suisse in a shotgun merger to stem further banking turmoil after…
