Coca-Cola chief executive Muhtar Kent said he’s stepping down in May December 9, 2016 Coca-Cola chief executive Muhtar Kent said he will step down in May and be replaced by chief operating officer James Quincey. Kent, 64, has worked as chief executive of the beverage company since 2008 and will continue as chairman. He said it was "the most wonderful and unique privilege" to work for the company, and will officially step down 1 [...]
Mapped: Experts analysed 120 years of housing data to show how 14 of London’s boroughs have changed December 9, 2016 Each of London's 32 boroughs has its own unique history, and now you can see how housing changed for 14 of them over the past century. Property consultancy Knight Frank today launched an interactive report that uses 120 years of London housing to study how the areas have changed over time. The case studies detail the history of each [...]
Shares in Nintendo jumped again today as anticipation around its Super Mario mobile game builds December 9, 2016 With the release of its hotly anticipated Super Mario iPhone game slated for next week, Nintendo's shares have got a power-star boost. Shares surged as much as five per cent immediately following the announcement of the game's release to Apple's App Store on 15 December. Read more: Yes, really. Japan's Prime Minister dressed up as Super [...]
Food and drink representatives want special protections for their EU workers guaranteed in Brexit negotiations December 9, 2016 Food prices will rise if EU workers employed in the food and drinks industry are forced to leave, representatives of the sector today warned. More than 30 food and drink bodies came together to call on the government to give "unambiguous reassurance" to EU workers they can stay and work in the UK after Article [...]
Photo-Me beams over a successful six months as investment in new areas pays off December 9, 2016 Photo-Me International is all smiles after it outperformed in its half-year results. The figures The photo booth operator’s revenue grew to £110.6m, up 19.2 per cent, or £96.5m at constant currency, up four per cent. Pre-tax profits increased 20.2 per cent to £31m, while rising to £26.9m, up 4.3 per cent at constant currency. As of October, the group had 46,760 units, up [...]
BAT’s vaping robots find e-cigarettes don’t deliver as much nicotine as traditional smokes December 9, 2016 Vaping robots are testing British American Tobacco’s electronic cigarettes to find out how nicotine and vapour delivery to lung cells compare to traditional cigarettes. Dr James Murphy, head of risk substantiation at BAT, said the company had to be sure that other tests weren’t just saying e-cigarette vapour had a reduced impact because it was [...]
Gin is 2016’s trendiest drink, with sales growing in the UK and beyond December 8, 2016 There's no arguing that 2016 has left many of us needing a drink at the end of the day, and no one has benefited from that more than the UK's gin industry. British consumers drank 1.12bn gin and tonics in the last year, breaking the sector's £1bn sales mark for the first time ever six months [...]
Ladbrokes and William Hill shares plummet as a cross-party group of MPs criticise addictive gambling machines December 8, 2016 Betting companies' shares have fallen after a group of cross-party MPs released a report criticising fixed-odds betting terminals (FOBTs). Ladbrokes shares toppled to a low of 112.02p in early morning trading before rising slightly to 119p, 6.37 per cent down. The drop follows a sharp increase of more than nine per cent yesterday afternoon. William Hill fell to [...]
Tui Group reported growth as it shifts its focus to hotels and cruises December 8, 2016 Tui Group, owner of Thomson and First Choice, reported its second year of strong performance after its merger in 2014. The figures Underlying earnings before interest, taxes and amortisation increased 12.5 per cent to €1.03m, (£875,541), while earnings for the world's biggest tourism operator's continuing operations – without Travelopia – increased 14.5 per cent. Read more: TUI Group shifts focus to let the [...]
