Tag "Reuters"
Shein unveils UK investment plans and launches ‘circularity fund’
Date: 2024-07-15 09:21:29
Shein has pledged to invest £211m (€250m) over the next five years in the UK and Europe, according to Reuters, as it launches a “circularity fund”. The fast fashion giant...
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Asahi on the hunt for overseas acquisitions
Date: 2024-02-27 09:41:32
Asahi is looking for merger and acquisition opportunities in the US and overseas to quadruple overseas sales of its flagship Super Dry beer by 2030. The beverage giant took a...
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French Retailers Auchan, Intermarché In Buying Alliance Talks
Date: 2023-12-05 09:31:47
Auchan and Intermarché said they have entered talks to form a joint purchasing alliance, a week after submitting a joint bid to buy the French hypermarket and supermarket stores that...
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Spanish Supermarkets Lock Up Olive Oil As Shoplifting Surges
Date: 2023-11-24 09:17:34
In Spain, the world’s biggest olive oil producer, supermarkets are locking up bottles of the staple cooking oil as prices surge and theft increases. One-litre bottles of extra-virgin olive oil...
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Unilever Revives Attempt To Sell Some Non-Core Brands
Date: 2023-09-25 09:23:31
Consumer goods giant Unilever is reviving efforts to sell some of its non-core beauty and personal care brands, including Q-Tips and Impulse. Unilever has hired investment banks Morgan Stanley and...
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Rising Caffeine Levels Spark Calls For Ban On Energy Drink Sales To Children
Date: 2023-09-04 10:07:33
Pediatricians and parents are calling for the US to treat new high-caffeine energy drinks like alcohol and cigarettes and ban their sale to minors as a single serving can contain as much caffeine...
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How much do athletes eat? – The picture of the day
Date: 2023-08-29 08:02:39
Reuters photojournalist Umit Bektas has been taking photos for articles and reports on political and economic topics for 20 years. Then he suddenly took some time off and made a...
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Mixed year for French wine
Date: 2023-08-16 09:37:31
French wine production in 2023 is expected to be near the average of the last five years, with a favourable outlook in Champagne and Burgundy contrasting that in disease-hit Bordeaux,...
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Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 billion
Date: 2023-08-07 09:52:39
Coca-Cola Europacific Partners said last week it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world’s largest...
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Nestlé Says Price Rises Will Moderate In Rest Of 2023
Date: 2023-08-01 09:34:52
Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturers are charging more...
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Bosnia sets sights on Europe for halal food exports
Date: 2023-05-24 09:29:44
Bosnia hopes that its geographic position will help it increase exports of its halal certified food products to European markets, where the number of Muslims has grown. The Balkan country,...
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Heineken eyes light beer opportunity in the US
Date: 2023-05-24 09:18:39
According to reports, Heineken had seen an opportunity in the US market’s light beer category prior to the recent backlash against its Bud Light promotion and is set to move...
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German Exports Beyond The EU Decreased In July
Date: 2022-08-22 08:42:34
German exports beyond the European Union fell by 7.6% on the month in July, the Federal Statistics Office said on Monday, marking a weak start to the second half in...
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Amazon opens pop-up store on China’s latest e-commerce platform
Date: 2019-11-18 13:15:26
In December Amazon opened a pop-up store on Pinduoduo, the latest Chinese e-commerce platform. Then pop-up store was open until the end of December and offered about 1,000 different products...
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