Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Exclusive: India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Customers buy grocery items inside a superstore of Reliance Industries Ltd, in Mumbai, India, October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Register now for FREE unlimited access to Reuters.com Register India retail giant plans big push in consumer goods business Reliance in late-stage talks with 30 brands for deals-source Indian firm is hiring distributors, executives for … Read more

EXCLUSIVE Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022

EXCLUSIVE Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022

Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, US May 10, 2022. REUTERS/Kaylee Greenlee Beal Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers including Walmart Inc (WMT.N) and Amazon.com … Read more

Shares drop, yields shoot up after US inflation data

Shares drop, yields shoot up after US inflation data

MILAN, May 11 (Reuters) – World shares turned lower on Wednesday and bond yields shot up after US data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. US futures turned negative after data showed US annual consumer price growth slowed to 8.3% in … Read more

Bird flu puts organic chickens into lockdown from Pennsylvania to France

Bird flu puts organic chickens into lockdown from Pennsylvania to France

CHICAGO/PARIS, May 2 (Reuters) – Organic and free-range chickens have been thrown into lockdown. Egg-laying hens that normally have access to the outdoors can no longer roam as freely or feel the sun on their beaks as some US and European farmers temporarily keep flocks inside during lethal outbreaks of bird flu, according to egg … Read more

Omicron infection induces limited immune response in unvaccinated; COVID hospital deaths rise on weekends

Omicron infection induces limited immune response in unvaccinated;  COVID hospital deaths rise on weekends

Test tube labeled “COVID-19 Omicron variant test positive” is seen in this illustration picture taken January 15, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register April 18 (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings … Read more

Russia’s Gazprom exits German business amid crisis in energy ties

Russia's Gazprom exits German business amid crisis in energy ties

Model of petrol pump is seen in front of Gazprom logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, April 1 (Reuters) – Russia’s Gazprom (GAZP.MM) said on Friday it was quitting its business in Germany at a moment of crisis in the vital … Read more

World stocks dip on war, recession worries, oil falls $2 on reserve release

World stocks dip on war, recession worries, oil falls $2 on reserve release

MSCI world index down 0.17% US S&P futures down 0.29% Oil heading for 14% fall this week LONDON/SINGAPORE, April 1 (Reuters) – World stocks dipped further from recent six-week highs on Friday on worries about the Russia-Ukraine war and recession risks, and oil fell $2 a barrel on reserve releases. European buyers of Russian gas … Read more

Cucumber crisis: surging energy prices leave British glasshouses empty

Cucumber crisis: surging energy prices leave British glasshouses empty

Cost of growing a cucumber to jump from 25p to 70p High energy costs mean crops not planted Pressures likely to push food prices higher ROYDON, England, March 31 (Reuters) – In a small corner of south-east England, vast glasshouses stand empty, the soaring cost of energy preventing their owner from using heat to grow … Read more

European stocks set for biggest quarterly drop since 2020

European stocks set for biggest quarterly drop since 2020

LONDON, March 31 (Reuters) – European stocks edged lower on Thursday and were set for their biggest quarterly drop since the start of 2020, while oil prices fell and eastern Ukraine braced for fresh attacks. The MSCI World Equity index was down 0.3% on the day (.MIWD00000PUS), while Europe’s STOXX 600 eased 0.2% to sit … Read more

Stocks rally pauses, bond markets ponder risks for US economy

Stocks rally pauses, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down LONDON/NEW YORK, March 30 (Reuters) – The US and European equities rally paused on Wednesday as investors took stock of economic and geopolitical risks, while oil prices jumped back around $4 … Read more