US Business

Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost of living pressures.

Medical-device maker said Joe Kiani, who previously informed the board of his decision to resign as chief executive, has been terminated by the company, following a review by outside counsel.

Influential investor Keith Gill, known as “Roaring Kitty,” reported an exit from his Chewy stake in a securities filing.

The coffee chain has expected office employees to come in three days a week. Now it is tightening enforcement.

The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit percentage.

The online fashion company said it was reviewing Frasers’ recent requests for appointments to its board and that it remained willing to discuss representation with its major shareholder.

The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.

The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.