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...The decision comes as European consumers have been grappling with several years of high inflation, which has particularly affected food prices....
...Since then, as well as agreeing to buy Presidio, it has made a series of large investments including buying snack company Shearer’s Foods. CD&R and BC Partners declined to comment....
...“Peace is a core value of Ben & Jerry’s,” the company’s board chair Anuradha Mittal told the Financial Times. “From Iraq to Ukraine [the company] has consistently stood up for these principles....
...The business, spun out as an independent subsidiary by Condé Nast parent company Advance Publications in 2011, has not made a profit in its 19-year history, and recorded a $91mn loss in 2023....
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...The UK franchise owner of TGI Fridays has agreed a £177mn reverse takeover that will see the US fast-food chain known for its potato skins, chicken wings and two-for-one cocktails list on the London Stock...
...The US lawmakers’ move this week to advance a bill to force a separation of TikTok from Chinese-owned ByteDance over national security concerns has caught investors by surprise, sending them scrambling to...
...US security officials say Beijing could access the personal data of the 170mn Americans who use TikTok because of Chinese laws requiring domestic companies to hand over information to the government....
...Rising wages are boosting demand for factory robots that can process everything from handling food to welding cars....
...the crisp company....
...This time last year, we used the Domino’s food item expenses listed in the company’s DEF14A proxy filings to calculate roughly how much pizza its leadership was snaffling: the results were both mind-boggling...
...Big food companies are taking an interest in such practices, and not just for ecological reasons....
...Here’s what else I’m keeping tabs on today and over the weekend: Economic data: Japan reports CPI inflation data while Malaysia publishes advance first-quarter GDP....
...Finance minister Bruno Le Maire has threatened to impose special taxes on food companies that do not pass on lower prices to consumers in order to claw back “undue” profits as their costs have fallen....
...Fink noted that public equities and bonds now accounted for 70 per cent of financing for non-financial companies in the US, the highest proportion in the world....
...Even as the number of bookings for rides and food delivery have increased, admin costs have fallen....
...Samii had moved to Pittsburgh to work for a self-driving car company, Argo.ai, a start-up funded by Ford and Volkswagen....
...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...
...The phrase “pink slime” originates in fast food, where some US producers clandestinely add a low-cost food to hamburgers and other processed meats....
...Since 2020, CTP said it had also been developing clubhouses in sites from Budapest to Warsaw, offering “healthy food” and spaces for yoga....
...The company was spun out as an independent subsidiary by Advance Publications, Condé Nast’s parent, in 2011....
...Jancis was impressed, and picked out the following as particularly notable (if you’re a foreign dignitary and fancy trying one of these, we recommend emailing in advance)… — 1961 Château Latour Grand Vin...
...“We’re seeing a bit of a slowdown in the US in both the food and beverage category,” chief executive Ramon Laguarta said on a call with investors....
...“There haven’t been huge functionality advances over this past decade, but once you’re in this ecosystem it’s hard to leave,” he said. “Apple’s development prospects in China don’t look good....
...The cheap yen has had a positive effect on the profitability of many Japanese companies, it has fuelled food and energy inflation but, crucially for Hawaii, it has made a dollar-denominated holiday feel...
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