New CEO Dave Lewis lifts investors’ spirits by promising strategic overhaul worthy of his nickname ‘Drastic Dave’ ...

Dave Lewis, the former Tesco chief executive known as 'drastic Dave', will provide some clarity on his strategy, after ...

By Emma Rumney and Shashwat Awasthi Aug 6 (Reuters) - Diageo's new CEO Dave Lewis unveiled a $1 billion restructuring plan on Thursday, turning to aggressive cost-cutting in order to reset performance ...

WPP ​reported a 4.7% ‌drop in first-half ​adjusted ​revenue on Thursday ⁠as ​account losses ​continued to weigh, but the ...

Diageo shares jumped as much as eight per cent on Thursday after the London drinks giant vowed to deliver as much as $850m ...

Diageo shares fizzed higher on Thursday as the drinks giant outlined plans to save around $1bn over the next three years ...

The Guinness investment was revealed as part of a broader turnaround plan that will see Diageo find $1bn (£750m) in savings ...

New CEO Dave Lewis announced ​a $1 bln savings programme in a bid to restore ‌growth at the $51 bln tequila-to-Guinness seller. Yet a turnaround in the critical US market looks uncertain, and debt ...

The shake-up of advertising group WPP (WPP) outlined by chief executive Cindy Rose earlier this year is already showing signs of paying off. Although revenue excluding pass-through costs fell by 5 per ...

Speculation has been rife since Sir Dave Lewis took charge of Diageo in January that a major cost-cutting round would be on the cards at the Scotch whisky giant. And when the time came for the ...