Puma has reported second-quarter profits that topped analysts’ estimates as the German sportswear maker got a lift from Euro 2016 and a focus on the women’s market.

Danone, the world’s biggest yoghurt maker, gave a higher sales goal for the first time in four years yesterday as it pledged to boost profitability at its fresh-dairy business, which represents more than half of the French company’s revenue.

UK energy secretary Ed Davey has called for a debate on forcing companies to disclose their exposure to fossil fuels so that investors know the risks they face as cleaner forms of energy are required.