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A focus on ‘power brands’ is the new mantra for conglomerates once known for their heft

FTSE 100 consumer group’s Mead Johnson unit hit by US litigation over baby formula death

Illinois jury awards $25mn more than was sought by the plaintiff’s lawyer

UK-based maker of Nurofen and Dettol disinfectant reveals compliance issue in Middle Eastern markets

Group’s promised plans at least give shareholders the hope of upside to come

Opportunities exist for the UK and its European neighbours, but they must grasp the nettle of economic reform

Also, ex-Post Office head Paula Vennells set to give evidence in the Horizon IT scandal inquiry

Chinese ecommerce tycoon behind fast-fashion group beloved by the Instagram generation prefers to fly below the radar

Investors piled into fixed income in bet on falling interest rates

Airline shares are languishing below pre-pandemic levels as high fuel prices and economic risks weigh on sentiment