[ad_1] (Bloomberg) — Asda has appointed former boss Allan Leighton as executive chair, as the struggling grocer looks to turn around its fortunes. Leighton will succeed Stuart Rose, Asda said in a statement on Saturday. Rose, who joined the company three years ago, will remain on the board to ensure an orderly transition before stepping…
[ad_1] (Bloomberg) — Ingredients company Tate & Lyle Plc surged after the Financial Times reported that buyout group Advent International is preparing a takeover bid. Shares in the London-listed supplier to food producers rose more than 12% on the report, giving the company a market capitalization of about £3.2 billion ($4.2 billion). Tate & Lyle…
[ad_1] It quickly became the must-have membership of the Covid era. When the Pret coffee subscription was launched in September 2020, it cost £20 a month, with the first month free. Customers loved it. Five drinks a day, ranging from coffee and tea to smoothies, and a sign-up process which saw subscribers sent a QR code by…
[ad_1] What to Think About: WSJ Pro reported that following a February 2022 cyber attack, global logistics business Expeditors International of Washington Inc. shut down much of its network to prevent further damage. The three-week outage resulted in serious operational disruption and led to many customers’ goods not being shipped. One customer, iRobot Corp., is…