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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....
...“Generally, food price inflation is coming down in the developed world and emerging markets, but we are seeing pockets where things are still difficult, most notably, countries with exchange rate pressures...
...It’s this amazing thing that brings people together and breaks down barriers,” she says from across a lunch table at Rose Bakery on the top floor of London’s Dover Street Market....
...“It also has such an amazing food culture. I’m not going to lie: that plays a big role!”...
...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...
...Asian equities edged lower on Wednesday, with Hong Kong-listed property stocks and shares in China’s largest food delivery company Meituan leading losses....
...The central bank supported the currency in the spot and non-deliverable forwards markets, with the governor commenting the bank was always in the market to stabilise the currency in this way....
...Asian markets declined on Friday with the exception of Japan, as traders reacted to the increased likelihood of fewer interest rate cuts in the US....
...A version of this article was first published by Nikkei Asia on April 2 2024. ©2024 Nikkei Inc. All rights reserved....
...For a long time, that need has been met by south Asian-run butchers....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...Asian stock markets were quiet on the final day of the year of the rabbit as traders prepared to celebrate the lunar new year....
...Japanese stocks were the only Asian equities to advance on Friday morning, as a higher than expected US inflation reading strengthened the dollar against Asian currencies....
...Hong Kong’s stock market dropped the most among major Asian bourses on Friday, as weak home price data from China and higher US inflation figures prolonged the city’s macroeconomic malaise....
...A tight market and few alternatives mean a shortage from south-east Asian producers will quickly squeeze the margins of beverage and coffee-related businesses....
...rapidly grown in specific markets....
...It also has enjoyed a booming stock market, the rollout of gleaming infrastructure projects and new digital platforms that facilitate the delivery of welfare benefits....
...European stocks followed Asian markets higher on Friday, with gains for real estate stocks and basic materials groups pushing the region’s main index to a fresh record high....
...(YouTube/The New York Times)...
...But a New York listing would do little to solve Wood’s woes. Given its £971mn market value, it is not clear what US index it would get into....
...Others were not willing to shoulder the costs of importing produce, Campbell said, but were instead using up the domestic supply until a new crop was available....
...BUY: Hilton Food (HFG) Difficulties in the vegetarian and vegan markets continue to blight the food packing business, writes Christopher Akers....
...Chinese markets remain closed for the lunar new year. The US consumer price index rose 3.1 per cent year on year in January, above Bloomberg consensus forecasts of 2.9 per cent....
...The Biden administration has joined with Japan and South Korea in a bid to limit the dollar’s recent rise against Asian currencies after days in which markets have been hit by shifting interest rate expectations...
...“We are creating a new market for recycled plastic with this regulation and we want to make sure there is a level playing field for our industry compared to imports,” he added....
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