Food Financial News
18.09 / 08:59
18.09 / 07:51
Boeing
Food
UK inflation holds firm at 2.2% as Bank of England decision beckons
According to figures published by the Office for National Statistics today (18 September), the UK's Consumer Price Index rose by 2.2% in the 12 months to August, a figure that did not budge from July. However, core CPI, which excludes energy, food, alcohol and tobacco, jumped from a 3.3% rise in July to a 3.6% uptick in August, with notable increases month-month in the price of transport and services, which increased from 0.1% to 1.2% and 5.2% to 5.6%, respectively. Investors welcome rate cut but urge BoE to be vigilant as inflationary pressures 'still lurking' Tom Stevenson, inv...
18.09 / 06:05
UPS
Analysis
Food
PepsiCo
pop
Updates
Health Canada gives 1 year to remove BVO from drinks. What are the risks?
Brominated vegetable oil, a food additive used in citrus-flavoured soft drinks, has now been banned in Canada, but consumers could still see it popping up on ingredient labels for one more year.
18.09 / 01:55
Waters
Food
Bill
Trade
show
Will farm trade policy tweaks lift farmer incomes?
Subscribe to enjoy similar stories. Last week, India initiated multiple changes in farm trade policies across crops like oilseeds, onion and basmati rice. Coupled with ample rains, this is likely to boost rural incomes in the kharif harvest season beginning October, and revive consumer demand.
17.09 / 23:33
BLOCK
Kroger
Food
Trade
reports
Courts
International
Kroger and Albertsons make a final pitch for their merger before a judge decides whether to block it
Kroger and Albertsons have made their final argument in federal court in support of their proposed merger
17.09 / 19:57
Provident
Opinion
Food
Boxing
DISH
shock
Features
Best Glass Cookware in India for Transparent & Efficient Cooking (2024)
Read more about other Cookwaresin the kitchen and diningsection on the Top Trending Productspage. Read about the Best Glass Cookware in India below. 1. The Better Home Zeno Borosilicate Glass Non-Stick Cookware The Better Home Zeno Borosilicate Glass Non-Stick Cookware For Gas Stove(1400 ML)Tope With Lid|Handi Casserole|Small Milk Tea Pan|Patila For Cooking Boiling|Gift For Housewarming(Amber Blue)29% Off₹1,479₹2,095Buy Now Featuring a non-stick and scratch-resistant surface, the The Better Home Zeno Borosilicate Glass Non-Stick Cookware ensures easy cooking and cleaning. It is a lightweight cookware while also designed to be stylish with its amber blue colour to add a touch of elegance to any kitchen. It features a versatile usage where you can use it for a range of cooking needs from boiling to simmering. Special Features: Material Borosilicate Glass Capacity 1400 Milliliters
17.09 / 17:19
markets
COST
Progressive
Food
wellness
country
reports
For Gates Foundation, it's to help India but also learn from India: Bill Gates
Alongside the launch of the Gates Foundation Goalkeepers Report 2024, Microsoft cofounder and philanthropist Bill Gates tells ET that he hopes India will be able to graduate from the public distribution system and rely instead on raised incomes over the next decades. Edited excerpts: The latest Goalkeepers Report focuses strongly on malnutrition. What is your view on India’s policy interventions such as free cereals given through the public distribution system? There is no doubt that the poorer you are, the higher is food as a percentage of your budget. And so, the idea that governments, either by incentivising the private sector or through various subsidisation, keep food costs fairly low- particularly for the urban poor, and yet they have to be careful not to hurt the farmers. The balancing act, India does manage largely. In the US, we have graduated from needing to have this type of food distribution. We have a thing called ‘food stamps’, where you get money, and you can only use it to buy food. At some point — it could be more than a decade — hopefully, you can graduate from having to have a public distribution system and just rely on the fact that you have raised incomes and educated consumers.
17.09 / 15:08
COST
Food
Experts
country
reports
recommendations
Fortified bouillon cubes are seen as a way to curb malnutrition in Africa as climate worsens hunger
In Nigeria and other countries in sub-Saharan Africa, many households have limited access to nutrient-rich foods due to rising costs and the impact of climate change on agriculture and food systems
17.09 / 14:55
markets
Reuters
Parke
Southern
Food
Wildlife
country
Worst drought in four decades: Zimbabwe to cull 200 elephants to feed its people
Zimbabwe, facing the worst drought in four decades, is set to cull 200 elephants to help feed its people, according to wildlife authorities. This decision follows a similar plan by neighbouring Namibia, which announced earlier this month that it would cull 160 wildlife animals, including 83 elephants, due to the severe drought affecting its population. The El Niño-induced drought has devastated southern Africa, leading both Zimbabwe and Namibia to declare states of emergency. The drought has directly impacted 68 million people in the region, resulting in severe food shortages and dire conditions. Tinashe Farawo, spokesperson for the Zimbabwe Parks and Wildlife Authority (Zimparks), told Reuters, “We can confirm that we are planning to cull about 200 elephants across the country. We are working on the details of how this will be carried out.” Farawo also confirmed that the elephant meat will be distributed to communities in Zimbabwe affected by the drought.
17.09 / 12:33
Food
Death
hospital
reports
Investigations
A Waffle House customer fatally shot a worker, police say
Police in North Carolina say a Waffle House customer fatally shot an 18-year-old worker
17.09 / 11:37
Remark
Food
Death
community
Bill
country
donates
The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy
17.09 / 11:20
17.09 / 05:58
markets
Target
Entertainment
Food
film
Trade
reports
Buy PVR INOX, target price Rs 2065: Anand Rathi
PVR INOX with a target price of Rs 2065. The current market price of PVR INOX Ltd. is Rs 1678.2. PVR INOX Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16583.95 Crore) operating in Media & Entertainment sector.
17.09 / 04:38
markets
Provident
Food
pandemic
reports
Courts
Tupperware Brands plans to file for bankruptcy: Report
Tupperware Brands is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, citing people with knowledge of the plans. The company's shares were down 15.8% at 43 cents after the bell. They closed down 57%. Founded in 1946 by chemist Earl Tupper, the company's popularity exploded in the 1950s as women of the post-war generation held «Tupperware parties» at their homes to sell food storage containers as they sought empowerment and independence.
16.09 / 19:21
16.09 / 18:35
UPS
FIVE
Food
Boxing
performer
Features
peace
5 Best Hand Blenders by Philips: The Kitchen Essentials
From compact models ideal for quick tasks to more advanced options packed with multiple speed settings and attachments, Philips offers a range of hand blenders suited to various cooking needs. In this article, we’ll explore the best Philips hand blenders available, highlighting their key features, performance, and how they can elevate your culinary experience.
16.09 / 14:38
markets
Dash
CEO
Food
country
blues
After US, China struggles, will Starbucks pay the price in India?
Subscribe to enjoy similar stories. New Delhi: At 8 am on 7 September, a large, 2,600-sq.ft coffee shop quietly opened its doors in Delhi’s affluent Punjabi Bagh West. At first glance, it seemed like just another café in a neighbourhood dotted with them.
16.09 / 13:18
UPS
Analysis
Food
trends
Trade
Department
Kohinoor Foods surges 20%; LT Foods jumps nearly 7%
stocks were in heavy demand on Monday, with Kohinoor Foods surging 20 per cent, after the government said the USD 950 per tonne minimum export price (MEP) on basmati rice has been removed. At close of trade, shares of Kohinoor Foods surged 20 per cent, LT Foods jumped 6.70 per cent, KRBL climbed 5.87 per cent and Chaman Lal Setia Exports went up 1 per cent on the BSE. Intra-day, LT Foods surged 9.72 per cent, KRBL soared 7.67 per cent and Chaman Lal Setia Exports rallied 5.92 per cent.
16.09 / 09:29
markets
COST
UPS
Food
Nestle
trends
Trade
What will be the impact of import duty rejig in edible oil on 3 FMCG categories? Abneesh Roy explains
Abneesh Roy, Executive Director, Nuvama Institutional, says the food space is quite attractive and there we will prefer Bikaji because it is a pure-play foods company. Among larger companies, he also likes HUL and ITC. Food is an attractive category, but there are very diversified companies. A double-digit volume growth for Bikaji is seen in last many quarters and that is expected to continue. After the edible oil duty hike, in H2, most of the food companies are expected to take price hikes. That should help overall pricing growth also. While the first quarter was subdued, we did see some positive outlooks from a few QSR companies. What is happening in terms of a meaningful recovery, on ground zero? Abneesh Roy: Gradual recovery will happen. That space has seen slowdown now almost for six quarters. The base has become favourable, but there is a lot of competition between the players and delivery seems to be doing better. So, delivery-focused players should do better. But urban consumption is still a challenge. We have seen the impact of higher interest rates. We have also seen the impact of job losses and the salary cuts in the D2C startups.
15.09 / 18:08
UPS
Aware
economy
Sustainability
Food
show
China's economy softens in August as Beijing continues to grapple with lagging demand
China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand
15.09 / 17:59
Food
Death
hospital
outbreak
infection
Investigations
International
Boar's Head closing Virginia plant linked to deadly listeria outbreak
Boar’s Head is closing the Virginia plant tied to a deadly listeria outbreak
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