UK Businesses Plan Smallest Price Rises in Year BoE Survey

LONDON, March 2 Reuters British businesses scaled back plans for price rises in February but overall intentions for price and wage increases remain high, according to a Bank of England survey which is unlikely to resolve policymakers39; disagreements on the inflation outlook. The BoE39;s Monetary Policy Committee has been split for several months over how much further […]
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AB InBev Upbeat on Resilient Beer, China Recovery

Q4 core profit EBITDA up 7.6 vs consensus 7.1 Sees 2023 EBITDA increase of 48 China, hit by COVID, set for rebound Higher prices compensate for lower volumes BRUSSELS, March 2 Reuters AnheuserBusch InBev, the world39;s largest brewer, expressed confidence in China39;s recovery and the willingness of drinkers to pay higher prices after reporting increased […]
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GSK Spinoff Haleon has no Deals on Immediate Horizon

LONDON, March 2 Reuters Consumer healthcare group Haleon39;s Chief Executive Brian McNamara said on Thursday he does not expect to announce any acquisitions or divestments imminently, amid analyst concerns its 2023 cost forecasts could hit consensus profit estimates. McNamara told Reuters that both types of transactions were on the cards, but added there39;s certainly nothing imminent […]
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Fortum Turns Back to Nordic Power Generation on German Foray

HELSINKI, March 2 Reuters Finnish utility Fortum on Thursday said it would focus on Nordic lowcarbon energy again, after its fiveyearlong conquest of Germany39;s Uniper ended last year with a loss of nearly 6 billion euros 6.38 billion for it. Fortum is recovering from a tumultuous year during which Russia39;s invasion of Ukraine sent gas prices soaring […]
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UKs Taylor Wimpey Cuts Jobs amid Housing Slowdown

Yeartodate sales rate till Feb. 26 at 0.62outlet Order book down about 26 at 2.15 bln pounds Expects to build 9,00010,500 homes in 2023 Shares edge up 1.2 March 2 Reuters British homebuilder Taylor Wimpey said it was cutting jobs as it seeks to reduce costs after flagging weaker sales and forecasting it would build about […]
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