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THE WIRE

BUSINESS NEWS HEADLINES

BAT chief Durante smoked out by share price fall
BAT chief Durante smoked out by share price fall

The chief executive of British American Tobacco (BAT) is preparing to step down in the wake of a sector-wide share price decline prompted by investor concern over slowing sales growth.

BMW to shut factory for a month after Brexit day
BMW to shut factory for a month after Brexit day

Car giant BMW will shut its main British manufacturing factory immediately after Brexit day next year for several weeks, because of the rising risk of a "no-deal" divorce, Sky News has learned.

Ocado retail sales down as orders rise
Ocado retail sales down as orders rise

Online grocer Ocado saw a slowdown in retail sales growth as the average value of customer orders remained virtually unchanged in its third quarter to 2 September.

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