Category: 3. Business

  • Error Page

    Error PageSecurity Violation (503)

    newsroom.st.com | RBZ Access denied (403)

    Current session has been terminated.

    ALERT! You are entering into a secured area! Your IP, Login Time, Username has been noted and has been sent to the server administrator! This service is restricted to authorized users only. All activities on this system are logged. Unauthorized access will be fully investigated and reported to the appropriate law enforcement agencies.

    Ref: 87.118.116.236 1762351886

    Continue Reading

  • Doughlicious® The London Dough Co. Receives Investment from Future Back Ventures by Bain & Company, Marking Another Major Milestone for the Brand

    Doughlicious® The London Dough Co. Receives Investment from Future Back Ventures by Bain & Company, Marking Another Major Milestone for the Brand

    LONDON, Nov. 5, 2025 /PRNewswire/ — Doughlicious®, the award-winning international cookie dough brand known for its innovative, snackable novelty treats, is proud to announce an investment from Future Back Ventures by Bain & Company. This partnership represents another major milestone in the brand’s rapid global growth and continued momentum within the better-for-you indulgence space.

    Future Back Ventures invests in high-potential businesses founded or led by former Bain & Company professionals. The fund invests across the globe and in different industries, with Doughlicious being their first CPG investment given its alignment with the fund’s focus on forward-thinking ventures that are reshaping industries or categories and resonating deeply with consumers. Doughlicious’ Chief Financial Officer and Co-Founder, Dan Bricken, is a Bain alumnus whose experience at the firm was formative early in his career and continues to influence his approach to leadership and strategic growth.

    “It’s incredibly humbling to receive the support of Future Back Ventures. Bain & Company has played such an important role in my professional journey, and I’m thrilled to have them involved,” said Dan Bricken, CFO of Doughlicious. “Their belief in Doughlicious and our mission to reimagine cookie dough as a modern, feel-good indulgence is both personally meaningful and exciting for what’s ahead for our business and brand.”

    The investment will help fuel Doughlicious’s continued expansion in the U.S. and globally, following a series of significant growth milestones, including new retail partnerships, product innovation, and an expanding team. The brand recently launched in over 1,000 Kroger stores across the U.S., making its clean ingredients and great tasting frozen dough bites more accessible than ever.

    “Doughlicious is a standout example of a purpose-driven, high-growth brand disrupting a traditional category with creativity, innovation, and integrity,” said Ann Scott-Plante, the Head of Future Back Ventures by Bain & Company. “We’re thrilled to support Dan, Kathryn, and the Doughlicious team as they bring joy and quality to consumers worldwide.”

    Founded in London by Kathryn Bricken, Doughlicious has quickly gained a passionate following for its clean-label, gluten-free, and sustainable approach to indulgence, crafted from premium ingredients and available in a range of delicious flavors.

    With support through Future Back Ventures, Doughlicious continues to cement its place as a global leader in the next generation of better-for-you treats.

    About Doughlicious The London Dough Co.:
    Doughlicious is a proudly female-founded and operated business on a mission to redefine the cookie dough experience by creating the ultimate snackable treat. Focused on better-for-you ingredients and sustainable practices, the brand brings a fresh perspective to the frozen snackable treat category. Doughlicious’ frozen cookie dough & gelato bites are certified gluten-free, free from added refined sugars and white bleached flour, and contain no artificial additives or preservatives. Doughlicious products are available in over 8,000 retail stores across the US, UK, parts of Europe and the Middle East. For more information, visit https://doughlicious.co.uk/, Instagram and TikTok. 

    About Bain & Company Future Back Ventures (FBV)
    Future Back Ventures by Bain & Company invests in promising, early stage, Bain Alumni-led companies and provides portfolio companies access to the best of Bain through strategic consulting support, talent, community, tools, and resources.

    Media Contact:
    Whitney Spielfogel
    [email protected]
    +1-516-316-4201

    SOURCE Doughlicious®


    Continue Reading

  • Treasury says it plans to hold note, bond sales steady for ‘several quarters,’ but has begun considering future increases

    Treasury says it plans to hold note, bond sales steady for ‘several quarters,’ but has begun considering future increases

    By Greg Robb

    Short-dated bill auction sizes will be reduced in December before increasing in the following month

    Analysts said there was still uncertainty over Treasury Secretary Scott Bessent’s long-term debt-management strategy.

    The refunding: Treasury announced Wednesday it would sell $125 billion in notes and bonds next week – the same amount as last quarter. This issuance will refund $98.2 billion of notes maturing on Nov. 15 and raise new cash of approximately $26.8 billion.

    The department will auction $58 billion of 3-year Treasury notes BX:TMUBMUSD03Yon Nov. 10; $42 billion of 10-year notes BX:TMUBMUSD10Yon Nov. 11; and $25 billion of 30-year bonds BX:TMUBMUSD30Y on Nov. 12.

    Auction sizes: Treasury repeated its guidance that coupon auction sizes will remain steady “for at least the next several quarters.” However, the agency said it “has begun to preliminarily consider future increases to nominal coupon and floating rate note auction sizes.”

    Bill issuance: Treasury said that based on current fiscal forecasts, it expects to modestly reduce the short-dated bill auction sizes during December. But by the middle of January, the department anticipates increasing bill auction sizes.

    Treasury buybacks: Treasury said it would purchase up to $38 billion in off-the-run securities across buckets for liquidity support and up to $25 billion in the 1-month to 2-year bucket for cash-management purposes. Treasury said it expects to resume cash-management buybacks in December after pausing them in the September tax period.

    Big picture: Analysts are debating when coupon sizes will need to be bumped higher once again. Treasury has held auction sizes steady since April 2024.

    Stephen Stanley, chief U.S. economist at Santander, said he thought the current schedule of coupon issue sizes could last for the majority of 2026.

    Thomas Simons, chief U.S. economist at Jefferies, said he thought the Treasury would not need to increase nominal coupon auction sizes for the duration of the fiscal year through Sept. 30.

    Simons noted that there were “a number of wildcards” that could impact Treasury’s financing needs. He noted the Supreme Court’s ruling on President Donald Trump’s tariffs might eventually require the Treasury to refund hundreds of billions in collections. Additionally, personal income-tax refunds may be higher than they have been in recent years due to the Republican budget package passed in July, he said.

    Will Compernolle, economist at FHN Financial, noted that Bessent has said he believes the best path for financing Treasury debt is through more bills now and longer-maturity issuance later.

    Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets, said there was still uncertainty over Bessent’s long-term issuance strategy.

    -Greg Robb

    This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

    (END) Dow Jones Newswires

    11-05-25 0837ET

    Copyright (c) 2025 Dow Jones & Company, Inc.

    Continue Reading

  • Halliburton awarded integrated drilling & completion services contract in Nigeria

    Halliburton awarded integrated drilling & completion services contract in Nigeria

    Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies, awarded Halliburton an Integrated Drilling Services contract in OML 144 offshore Nigeria. Halliburton will support the HI gas field development for feed gas supply to the Nigeria LNG Train 7 facility.

    This contract reflects our dedication to deliver integrated solutions that improve performance and efficiency in complex offshore environments. The company will deploy advanced technologies integrated with LOGIX™ automation and remote operations to improve drilling precision, efficiency, and safety in offshore operations. Our collaboration with SNEPCo and Sunlink Energies advances the HI gas field and contributes to the future of the energy industry in Nigeria.

    Shannon Slocum, president, Eastern Hemisphere at Halliburton

    Halliburton’s Project Management team will lead execution and integrate services to deliver end-to-end solutions. Global expertise in complex offshore projects and a strong record in Nigeria position Halliburton to meet the HI Project’s operational and production goals.

    This award strengthens Halliburton’s long-term collaboration with Shell in Nigeria. It also reflects both companies’ dedication to high-performance, advanced technology solutions that achieve operational excellence and create value in Nigeria’s upstream sector.

    Continue Reading

  • Analyst calls Wednesday include Nvidia, Tesla, AMD, O’Reilly and more

    Analyst calls Wednesday include Nvidia, Tesla, AMD, O’Reilly and more

    Continue Reading

  • Tesla board to shareholders: Pay Musk or else – Reuters

    1. Tesla board to shareholders: Pay Musk or else  Reuters
    2. Tesla says Musk should be paid $1tn – will shareholders agree?  BBC
    3. Norwegian opposition complicates Musk’s path to $1 trillion pay deal  Reuters
    4. Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund  The Guardian
    5. Musk’s $1 Trillion Pay Package Opposed by Tesla Investor Calpers  Bloomberg.com

    Continue Reading

  • Cencora to invest $1 billion on US drug distribution, posts upbeat 2026 forecast – Reuters

    1. Cencora to invest $1 billion on US drug distribution, posts upbeat 2026 forecast  Reuters
    2. Exclusive | Drug Distributor Cencora to Invest $1 Billion in U.S. Supply Chain  The Wall Street Journal
    3. Cencora Announces $1 Billion Investment to Strengthen Its U.S. Distribution Network  The Joplin Globe
    4. Cencora Announces $1B Investment In US  Stocktwits

    Continue Reading

  • Teva Pharm third-quarter profit tops estimates as branded drugs gain – Reuters

    1. Teva Pharm third-quarter profit tops estimates as branded drugs gain  Reuters
    2. Teva jumps ahead of Q3 results  Globes – Israel Business News
    3. Teva’s Innovative Portfolio Drives 11th Consecutive Quarter  GlobeNewswire
    4. (TEVA) Teva Pharmaceutical Expects 2025 Adjusted EPS Range $2.55 – $2.65, vs. FactSet Est of $2.60  MarketScreener
    5. Teva ADR earnings beat by $0.10, revenue topped estimates  Investing.com

    Continue Reading

  • Khaled bin Mohamed bin Zayed visits Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2025 – مكتب أبوظبي الإعلامي

    1. Khaled bin Mohamed bin Zayed visits Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2025  مكتب أبوظبي الإعلامي
    2. Abu Dhabi Department of Energy Collaborates at ADPEC 2025  intlbm
    3. ‘Made in Russia’ at ADIPEC 2025  Oil & Gas Middle East
    4. Abu Dhabi hosts major global energy conference with focus on sustainability  Xinhua
    5. Sultan Al-Jaber appeals for $4tn in energy investments  MEED

    Continue Reading

  • Snack Wraps’ return helps boost McDonald’s third quarter sales

    Snack Wraps’ return helps boost McDonald’s third quarter sales

    McDonald’s sales got a lift from Snack Wraps in the third quarter.

    Same-store sales, or sales at locations open at least a year, rose 3.6% for the July-September period. That was slightly ahead of Wall Street’s forecast of 3.5%, according to analysts polled by FactSet.

    Same-store sales rose 2.4% in the U.S. in the third quarter, the company said Wednesday.

    The fan-favorite Snack Wraps returned to U.S. menus in July after a nine-year absence. U.S. traffic to McDonald’s stores was 15% higher than average on the day they were released, according to Placer.ai, a data company.

    McDonald’s also introduced Extra Value Meals in the U.S. in early September, hoping to woo back customers who’ve been turned off by high fast food prices. To kick off the promotion, McDonald’s offered an $8 Big Mac meal or a $5 Sausage McMuffin meal for a limited time in most of the country.

    But Placer.ai said that promotion didn’t boost traffic as much as a more eye-popping 50-cent double cheeseburger, which McDonald’s offered on Sept. 18 to celebrate National Cheeseburger Day.

    Third quarter revenue rose 3% to $7.08 billion, the Chicago company said Wednesday. That was in line with Wall Street’s expectations.

    The company’s net income rose 1% to $2.28 billion. Adjusted for one-time items, including $39 million in restructuring charges, McDonald’s earned $3.22 per share. That was lower than the $3.33 analysts forecast.

    Continue Reading