L’Oreal SA appointed Alexis Perakis-Valat as chief executive officer of its US and North America business, turning to a company veteran to drive growth in the largest cosmetics market.
British American Tobacco Plc Chief Financial Officer Soraya Benchikh is stepping down with immediate effect after a little more than a year in the role.
Workers on London’s Underground train network are planning a seven-day strike next month, a blow to commuters as the UK’s capital gets back up to full speed after the summer.
Procter & Gamble Co. plans to slash as many as 7,000 office jobs over the next two years as the maker of Tide laundry detergent and Gillette razors seeks to improve productivity.
Kering SA named Pierpaolo Piccioli as the new creative director of Balenciaga, replacing the fashion label’s current designer, Demna, who is moving to Gucci.
Sodexo SA shares plunged the most in almost seven years after the French food services company lowered its revenue guidance, citing slower growth at its US university business.
French power provider Engie SA increased its sales of clean energy last year, signing new contracts with companies including Meta Platforms Inc. in the US and German chemical maker BASF SE.
Honeywell International Inc. is exploring a separation of its aerospace business as the industrial company faces calls from activist Elliott Investment Management for a breakup.
Vivendi SE said investor CIAM has filed with the Paris Commercial Court to postpone its shareholder meeting scheduled for next month and delay its plan to break up the company.
Quikrete Holdings Inc. agreed to acquire Summit Materials Inc. in a deal valued at about $11.5 billion including debt to capture a bigger share of the US building materials market.