BIZCNBCWED 07 OCT 2026 / 1:28 PM CDT

Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens

Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.

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Boots sold in £7bn deal to Canadian billionaire family

The sale of the High Street chain was announced on Wednesday.

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Used car prices fall in Q3, while demand for fuel-efficient vehicles grows

Used vehicle prices are forecast to fall more than previously expected this year, according to Cox Automotive.

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Ex-bankers jailed for rigging rates have convictions quashed

Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, Colin Bermingham had their convictions overturned by the Court of Appeal.

BIZBBC News7h

Royal Mail plans to cut 2,500 jobs

The postal service firm wants to cut head office and other non-frontline jobs by the end of 2027.

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Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens

More on this deskAll BIZ

Boots sold in £7bn deal to Canadian billionaire family

Used car prices fall in Q3, while demand for fuel-efficient vehicles grows

Ex-bankers jailed for rigging rates have convictions quashed

Royal Mail plans to cut 2,500 jobs