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Food group Danone raises 2022 outlook as third-quarter sales beat expectations

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French unions unanimously sign wage agreement with EDF, company says

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New British PM Sunak will not attend COP27 climate summit

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Energy crisis risks upending Europe’s key medicine supply chains – industry says

Adverty and Apex Mobile Media announce partnership to offer In-Play gaming inventory in Canada
Date: October 27, 2022
Apex Mobile Media will act as a reseller partner, representing Adverty’s ground-breaking in-game ad formats across the Canadian market. London, UK – 27th October 2022: Adverty AB (publ) today unveils a partnership with Apex Gaming Network, a division of Apex Mobile Media, having signed an agreement that allows the network to represent and sell Adverty’s...

Unilever downbeat on Europe, China consumer sentiment
Date: October 27, 2022
By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast as it lifted prices to counter soaring costs. Like the rest of the consumer goods industry, Unilever’s margins have been squeezed since the...

Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing
Date: October 27, 2022
By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top end of guidance this year driven by its cloud, data and artificial intelligence businesses. “The group expects demand to decelerate a bit in the coming quarters, but it remains confident that 2023 will be a...

Oil rises on strong crude demand, despite China fears
Date: October 27, 2022
By Alex Lawler LONDON (Reuters) -Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S. crude exports and signs that recession fears are abating outweighed concern over slack demand in China. Figures on Wednesday showed record U.S. crude exports, a hopeful sign for demand, even as...

Britain’s car output drops 6% as supply woes persist
Date: October 27, 2022
(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear the brunt of high energy costs, supply-chain snags and component shortages. The Society of Motor Manufacturers and Traders (SMMT) said 63,125 units were made in Britain in September, nearly half of the levels seen...

Hotel group Accor continues post-COVID recovery after a ‘gorgeous’ summer
Date: October 27, 2022
By Diana Mandia and Dina Kartit (Reuters) – Europe’s biggest hotel group Accor reported higher than expected third-quarter revenue per available room (RevPAR) on Wednesday, continuing a sharp improvement in activity since the start of the year after a “gorgeous” summer season. The easing of COVID-19 curbs earlier this year led to a boom in...
