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Deutsche Bank downgrades Bunzl to 'hold' after share price recovery matches operational improvements.

Market News
12 Aug 2026
Proactive Investors
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Deutsche Bank downgrades Bunzl to 'hold' after share price recovery matches operational improvements.

Deutsche Bank has downgraded Bunzl PLC from 'buy' to 'hold' as the company's share price has caught up with its operational recovery. Bunzl, a supplier of non-food consumables, faced challenges in 2025 including weak volumes and execution issues in its North American division, but has since improved service levels and returned to volume growth. The broker raised the target price slightly but noted the current valuation already reflects these improvements. Investors will watch Bunzl's half-year results on September 1 for confirmation of better performance and pricing conditions.

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Dubai's Michelin Guide 2026 nearly doubles listed restaurants, with new stars and awards announced.

Dubai's Michelin Guide 2026 nearly doubles listed restaurants, with new stars and awards announced.

The 5th edition of the Dubai Michelin Guide features 122 restaurants, nearly doubling since its debut. Orfali Bros was promoted to two Michelin stars, while two new restaurants, Birch and KIGO, earned their first stars. The guide highlights Dubai's g...

Market News
Bullish
46 minutes ago
MICHELIN Guide Dubai 2026 nearly doubles restaurant selections with new stars and Bib Gourmand awards

MICHELIN Guide Dubai 2026 nearly doubles restaurant selections with new stars and Bib Gourmand awards

The 5th edition of the MICHELIN Guide Dubai features 122 restaurants, almost double since its debut, highlighting Dubai's growing culinary scene. Orfali Bros was upgraded to Two MICHELIN Stars, while two new restaurants, Birch and KIGO, earned One MI...

Others
Neutral
46 minutes ago
Michelin Guide Dubai 2026 nearly doubles restaurant selection, promoting Orfali Bros to two stars.

Michelin Guide Dubai 2026 nearly doubles restaurant selection, promoting Orfali Bros to two stars.

The 5th edition of the Michelin Guide Dubai features 122 restaurants, almost double since its launch, highlighting Dubai's growing global culinary prestige. Orfali Bros was promoted to two Michelin stars, while two restaurants retained three stars. T...

Others
Neutral
46 minutes ago
Dubai's MICHELIN Guide 2026 nearly doubles restaurant listings, with new stars and Bib Gourmand additions.

Dubai's MICHELIN Guide 2026 nearly doubles restaurant listings, with new stars and Bib Gourmand additions.

The 2026 edition of the Dubai MICHELIN Guide features 122 restaurants, nearly doubling the number since its first edition. Key highlights include Orfali Bros' promotion to Two MICHELIN Stars, two new One MICHELIN Star restaurants (Birch and KIGO), an...

Market News
Neutral
46 minutes ago
MICHELIN Guide Dubai 2026 nearly doubles restaurant selection, adds new stars and Bib Gourmand awards

MICHELIN Guide Dubai 2026 nearly doubles restaurant selection, adds new stars and Bib Gourmand awards

The 5th edition of the MICHELIN Guide Dubai features 122 restaurants, nearly double the original selection, highlighting Dubai's growing culinary scene. Orfali Bros earned two MICHELIN stars, joining two other three-star restaurants that retained the...

Others
Bullish
46 minutes ago
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