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

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

Big US chicken company, Mountaire, asks contractors to oppose the transparency rule

Chicken is pictured at a poultry shop at Reading Terminal Market in Philadelphia, Pennsylvania, US February 19, 2022. REUTERS/Hannah Beier Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 5 (Reuters) – Mountaire Farms, a top US chicken company, is pressuring its contract farmers to oppose a Biden administration proposal aimed at improving … 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

Easing raw material costs promising for Indian consumer companies

Sachets of shampoo by Sunsilk, a Hindustan Unilever Limited (HUL) brand, hang on display at a shop in the old quarters of Delhi May 13, 2013. REUTERS/Mansi Thapliyal Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug 3 (Reuters) – Softening commodity prices are holding out hope for Indian consumer-goods firms that … 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

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

Kraft Heinz raises annual sales forecast on resilient demand, higher prices

Bottles of Heinz Tomato Ketchup, owned by the Kraft Heinz Company, are seen for sale in Queens, New York, US, November 16, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – Kraft Heinz Co (KHC.O) raised its forecast for annual organic sales growth on Wednesday, benefiting from … Read more

Explainer: India’s economic outlook at the mercy of monsoon

Villagers affected by flood dry their paddy crop on a road in Morigaon district in the northeastern state of Assam, India, May 24, 2022. REUTERS/Anuwar Hazarika/File Photo Register now for FREE unlimited access to Reuters.com Register MUMBAI/NEW DELHI, July 26 (Reuters) – The monsoon, which accounts for about 75% of India’s annual rainfall, is the … Read more