Food prices push UK shop price inflation to new high:…

Posted by March 27, 2023

LONDON, March 28 (Reuters) - Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data showed on

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Kellogg snack business to be named ‘Kellanova’ after cereal unit…

Posted by March 15, 2023

March 15 (Reuters) - Kellogg Co's (K.N) global snacking business will be called "Kellanova" following the spin-off of its North American cereal unit, the packag

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Union, government decry Tereos over cuts to French sugar jobs

Posted by March 13, 2023

PARIS, March 13 (Reuters) - France's largest sugar and ethanol producer Tereos faced a union and government backlash on Monday after it said it was closing its

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PepsiCo, FrieslandCampina halt business with palm oil supplier

Posted by March 10, 2023

Latest to suspend ties with Astra Agro LestariFollows NGO reports on land, human rights abusesIndonesia's AAL says it had no contact with the companiesNEW YORK,

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Few signs of US companies curbing profits after Powell says…

Posted by March 9, 2023

NEW YORK, March 9 (Reuters) - Federal Reserve Chair Jerome Powell said this week inflation could fall if companies curbed their profits - but the biggest U.S. r

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U.S. companies and their backers seize on window to sell…

Posted by March 7, 2023

NEW YORK, March 7 (Reuters) - Sales of shares in publicly listed U.S. companies had their strongest showing last week in more than a year, as companies and some

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Dufry beats sales estimates as global travel rebounds

Posted by March 7, 2023

2022 turnover 6.88 bln Swiss francs, ahead of estimatesSees gradual uptake in China travel in H2 of 2023Q4 Asia-Pacific turnover up 149.3%No dividend proposed f

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South Korea companies to pay to resolve forced labour dispute…

Posted by March 6, 2023

Compensation is for forced labour during Japanese occupationCritics say S.Korean government capitulating to JapanBiden hails "new chapter of cooperation"SEOUL/T

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ECB confronts a cold reality: companies are cashing in on…

Posted by March 2, 2023

Higher margins not wages driving inflation, data showsECB policymakers debated issue at Arctic retreat - sourcesData may help case against more rate rises - ana

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From condoms to cosmetics, China sales grow as lockdowns end

Posted by March 1, 2023

LONDON/MILAN/FRANKFURT/NEW YORK, March 1 (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms

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