Bussiness

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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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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Britons are shopping for holidays, says Primark

Posted by February 27, 2023

LONDON, Feb 27 (Reuters) - Britain may be heading for a recession but many of its citizens are heading for the sun and shopping accordingly, the finance chief o

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U.S. lawmakers seek answers from egg companies on record-high prices

Posted by February 16, 2023

Feb 16 (Reuters) - Two U.S. lawmakers have sent letters to the country's top egg companies seeking answers for why egg prices have ballooned to record highs in

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Analysis: Germany’s oldest companies face fresh break-up calls

Posted by February 16, 2023

Brenntag, Bayer, Fresenius in crosshairs of activist investorsVolatile, falling markets seen as fostering investor activismActivist campaigns in Germany in rebo

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Shoppers to face fresh price hikes as stores, suppliers pass…

Posted by February 8, 2023

Grocery costs seen rising further in 2023 -executives, analystsInput costs exacerbated by Ukraine warRetailers seeking to pass on high raw material costsUnileve

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Nomura hires top ICICI banker to head India ECM business…

Posted by January 25, 2023

MUMBAI, Jan 24 (Reuters) - Nomura Holdings (8604.T) has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct kn

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India’s Adani Group plans to demerge more business; dismisses debt…

Posted by January 21, 2023

MUMBAI, Jan 21 (Reuters) - India's Adani Group, controlled by billionaire Gautam Adani, plans to spin off more businesses by 2028 and dismisses any debt concern

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Factbox: Corporate America lays off thousands as recession worries mount

Posted by January 4, 2023

Jan 4 (Reuters) - U.S. companies, from tech majors to consumer firms, are bracing for a potential economic downturn by shrinking their employee base to streamli

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