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Cable maker Volex moves some production out of China

The relocations led to higher costs for the company, but it had mitigated significant impact on profit as it was boosted by its acquisitions, Volex said. Electrical cable supplier Volex Plc said on Thursday that it had moved some of its…

Nestle Europe chief sees little impact from hard Brexit

“We don’t see any disruption in the business,” he told an investor conference, noting most of Nestle’s UK businesses were self-sufficient. “I don’t believe there will be a crisis, but we can go on in a hard Brexit scenario.” Britain is…