IN BRIEF

Sweetener firm Tate & Lyle has raised its full-year profit guidance following a strong first half. The company saw sales rise 6% to £1.4billion in the six months to September 30, while profits increased 26% to £161million.

Profits at Italian sports car maker Ferrari raced ahead over the summer. The iconic firm saw its earnings jump 24% to £125million, helped by the success of the GTC4Lusso and the LaFerrari Aperta convertible.