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...The Indiana plant will be funded out of a $22bn investment in the US that was announced by the SK Group conglomerate’s chair Chey Tae-won during a public conference call with President Biden in 2022....
...Australia’s two largest supermarket chains — Woolworths and Coles, controlling about 65 per cent of the grocery market — have come under intense scrutiny in recent months over allegations of price gouging...
...It told the life story of an Indiana orphan of that name who scrambles out of Depression-era hardship and makes a success of an arable farm over the subsequent decades....
...Last year almost a third of votes cast at Ocado’s AGM went against bumper bonuses and pay for the company’s bosses and it has repeatedly attracted the ire of advisory groups over past pay schemes....
...The UK grocery chain, which was previously owned by the US group Walmart, is taking advantage of a rebound in corporate debt markets to extend the maturities on borrowings due in 2026....
...In fact it was true: she’d been nominated for music she composed under her artist name Jlin, performed by Chicago group Third Coast Percussion....
...Reporting results for the first half of the year, the group predicted that underlying profit before tax for the full year would come in between £670mn and £700mn....
...Big share price moves in Europe today include French IT company Atos, UK grocery retail group Ocado and British engineering business Smiths Group: Atos: Shares in the heavily indebted French IT services...
...The group said that overall like-for-like sales, excluding fuel, climbed 7.4 per cent compared with a 5.9 per cent rise during the same quarter last year....
...Pollster YouGov releases half-year results, as does property group Bellway, while grocery retailer Ocado and online fashion retailer Asos issue trading updates....
...And in fact, the merger contract says you, the family, have to pay off all the Save Mart group debt for this deal to close on correct terms....
...In German groceries, even computers have to obey century-old ban on Sunday work The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino....
...Tesco: Shares in the UK grocery chain retreated 3.5 per cent on Thursday, having risen 2.5 per cent in the previous session after it posted a 7.2 per cent increase in sales for the year to February and announced...
...Novo Nordisk is acquiring plants that specialise in “fill-finish” operations, the final stage of manufacturing drugs, in Indiana, Brussels and Anagni, Italy....
...The deal would also dent competition for workers and hamper their ability to obtain higher wages, according to the complaint, which was joined by a bipartisan group of nine attorneys-general from regions...
...Instacart has filed for an initial public offering on the Nasdaq exchange as the North American online grocery-delivery company prepared for its shares to begin trading next month....
...Institute for Grocery Distribution, an industry group....
...Shares in the Indiana-based drugmaker rose by 0.5 per cent on Wednesday....
...Shares of several US retail groups were higher in early Thursday trading after they reported quarterly results, and issued outlooks, that included at least some aspects that investors cheered....
...Ocado: Shares in the UK online grocery retailer and technology group rose 5.5 per cent after its joint venture with Marks and Spencer returned to positive full-year earnings in 2023, with revenues growing...
...Since then, the ecommerce giant has acquired supermarket chain Whole Foods, created Amazon Go and Amazon Fresh grocery stores and added a handful of other shops selling gadgets and clothes....
...US food delivery group DoorDash said it would invest “aggressively” this year to expand its business, but warned of a growing pushback from regulators....
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...The group’s executives have promised to “unashamedly” focus on retail, in a move away from an earlier strategy that emphasised its financial services and build-to-rent divisions....
...He ran Tesco’s operations in the UK and Ireland for six years and has knowledge of working in grocery, general merchandise and fashion, having joined as a graduate in 1990....
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