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...“Food is quite magical, you know....
...Energy price inflation rose to 3.8 per cent and services price rises stabilised at 3 per cent, offsetting a slowdown in food price inflation to 1.2 per cent and a 0.1 per cent drop in goods prices....
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
...The S&P 500 narrowly missed out on recording its longest winning streak since January after closing fractionally lower....
...The S&P 500 was at risk of ending a four-day winning streak in a bout of muted trading on Wall Street. The benchmark index was flat in Wednesday afternoon trading....
...A broad rally for US equities lifted the S&P 500 to a three-week high and brought up its first four-session winning streak since March....
...M&S said like-for-like food sales rose 9.9 per cent to £2.3bn in the 13 weeks to December 30, ahead of the 6.6 per cent expected....
...food security....
...The S&P 500 climbed to its highest level in a month as traders had higher hopes for rate cuts after the publication of soft labour market data....
...Food production, meanwhile, has been hammered by extreme weather as a result of climate change....
...“It is important when you look at the food sector softness to put it in historic perspective and what we’ve seen over the last two years was definitely a food price inflation spike of historic proportions...
...Since closing the IHS deal, S&P’s share price is up about 13 per cent, slightly lagging its benchmark S&P 500 index....
...M&S has also diverged from rivals by sticking with financial services, a sector supermarkets rushed into in the 1990s, counting on their brands to hoover up market share....
...The energy sector was up 1.2 per cent during lunchtime trading, making it the best-performing sector in the S&P 500 on Monday....
...Flows into S&P 500 ETFs were boosted by a technical factor last year when the $533bn SPDR S&P 500 ETF Trust (SPY) pulled in $31bn in two days in December....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The World Food Programme recently resumed delivering food after suspending shipments last June in response to what it called “the widespread theft of donations”....
...Camilla Cavendish (Opinion, February 24) explores the contradictions in providing cheap food, producing it ecologically and providing an acceptable income for farmers. ’Twas ever thus....
...Paramount Global was the S&P 500’s best performer, soaring 15 per cent on news reports Skydance Media had reached a deal to acquire the entertainment group....
...Urfa DürümStreet food hidden away on a side road in Strasbourg Saint-Denis. Everything is delicious here and handmade right in front of you....
...Year-to-date things are looking only slightly better, with US equity long/short hedge funds trailing the S&P 500’s continued surge by about one percentage point. That’s all fine....
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