Sterling could be set for further weakness against the euro, Mark Sturdy from Seven Days Ahead told CNBC Thursday. Sturdy also takes a technical look at gold.
The Swiss banking industry has to adapt to the new global environment and concerns over transparency, Bernhard Bauhofer from Sparring Partners told CNBC Thursday. "Onshore banking is the future business model in banking," Bauhofer said.
Compass Group beat expectations with its full-year earnings Wednesday after an extensive cost-cutting strategy helped the catering group's bottom line. "The revenue outlook is flattish … but we would expect to grow the margins again," CEO Richard Cousins told CNBC.
Recession-wary consumers are regaining their appetite for ready-meals, according Greencore. Patrick Coveney, CEO of Greencore, told CNBC the outlook for the Irish food company was improving.
Heinz profit fell 16 percent, but the company beat analyst estimates on emerging-market growth. William Johnson, chairman and CEO of Heinz, talks to CNBC.