BP, Bunge put Brazil sugar and ethanol business up for sale, Valor Economico reports

Logo of British Petrol BP is seen at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel Register now for FREE unlimited access to Reuters.com Register SAO PAULO, Aug 9 (Reuters) – British oil major BP (BP.L) and US commodities trader Bunge Ltd (BG.N) have put their Brazilian sugar and ethanol joint venture BP … Read more

China’s Luckin plans store expansion, remains committed to the US market

Women leave a store of the Chinese coffee house chain Luckin Coffee in Beijing, China, July 8, 2020. Picture taken July 8, 2020. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register HONG KONG/BEIJING, Aug 9 (Reuters) – Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, … Read more

US judge weighs Ben & Jerry’s claims against owner over Israeli business

NEW YORK, Aug 8 (Reuters) – A US judge on Monday appeared skeptical that Ben & Jerry’s deserved an immediate injunction against its parent Unilever Plc to restrict the marketing of its ice cream in the Israeli-occupied West Bank, which Ben & Jerry’s said was against its values. US District Judge Andrew Carter said at … Read more

Beyond Meat cuts sales forecast as consumers shun pricier faux meat

Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, US, June 5, 2019. REUTERS//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Beyond Meat Inc (BYND.O) on Thursday lowered its revenue forecast for the year and announced job cuts … Read more

Kellogg’s pricier cereals help bolster sales, profit forecasts

Kellogg’s cold cereal products are pictured in a market after Kellogg Company announced it would split into three independent companies, in the latest US corporate overhaul aimed at simplifying its structure and sharpening its focus on the snack business, in New York, US, June 21, 2022. REUTERS/Mike Segar Register now for FREE unlimited access to … Read more

Factbox: Economic sanctions China has imposed on Taiwan over Pelosi visit

US House of Representatives Speaker Nancy Pelosi attends a meeting with Taiwan President Tsai Ing-wen at the presidential office in Taipei, Taiwan August 3, 2022. Taiwan Presidential Office/Handout via REUTERS. Register now for FREE unlimited access to Reuters.com Register BEIJING, Aug 3 (Reuters) – China on Wednesday suspended exports of natural sand to Taiwan and … Read more

Starbucks missed comparable sales estimates on China COVID curbs

A Starbucks sign is shown on one of the company’s stores in Los Angeles, California, US October 19, 2018. REUTERS/Mike Blake GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – Starbucks Corp (SBUX.O) missed Wall Street estimates for quarterly comparable sales on Tuesday, as business in China … Read more

UK leadership candidate Truss: junk food taxes “are over”

LONDON, Aug 2 (Reuters) – The frontrunner to become British prime minister, Liz Truss, said she would scrap plans to restrict multi-buy deals on food and drink high in fat, salt, or sugar and would not impose any new levies on unhealthy food. Britain already taxes sugar in soft drinks, and in May delayed until … Read more

Britain’s Greggs reiterates outlook in tough market

A Christmas themed window display is pictured at a branch of Greggs bakery chain in London, Britain, November 18, 2021. Picture taken November 18, 2021. REUTERS/May James Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 2 (Reuters) – British baker and fast food chain Greggs (GRG.L) maintained its full-year outlook on Tuesday, … Read more

Argentina’s lower house leader Massa named economy ‘superminister’

Sergio Massa, President of the Chamber of Deputies, addresses the audience as Argentina’s President Alberto Fernandez gestures during an event after midterm elections in Buenos Aires, Argentina, November 14, 2021. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 28 (Reuters) – Argentina’s lower house congressional leader Sergio Massa … Read more