Category: overhauls
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Nestlé cuts sales outlook and overhauls top leadership
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Nestlé again lowered its forecast for 2024 and reshaped its executive team on Thursday as the global food giant reported lower sales during the first nine months of the year. The Swiss group, whose brands range from Nespresso coffee capsules to Purina dog food and Häagen-Dazs ice cream, said its…
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U.S. refiners cutting Q3 output across the board on weaker margins, plant overhauls
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SlavkoSereda/iStock via Getty Images Crude oil futures rose for a fourth straight session on Friday and posted their first weekly gain in five weeks, supported by tightening inventories, especially in the United States, and a fundamental risk premium around tensions in the Middle East. Analysts said A drop in initial…