U.S. food companies go deal hunting as pandemic growth fades
U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price hikes start to taper off.
U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price hikes start to taper off.
PARIS (Reuters) -Wine production in France is expected to fall 2% this year, with major disparities between regions after some vineyards were severely hit by fungal diseases while good weather in other regions boosted potential output, the French farm ministry said.
(Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve Board of Governors, where she will help set interest rates for the world's biggest economy.
Wine production in France is expected to reach nearly 45 million hectolitres this year, in line with an initial range of 44-47 million projected last month, the farm ministry said on Friday.
Roku on Wednesday trimmed its adjusted operating loss forecast for the third quarter and said it would lay off 10% of its staff as well as cut down on some office space, sending the company's shares 12% higher.
(Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve, filling the last open seat at the U.S. central bank's governing board as policymakers near a potential crossroads in their fight against inflation.
(Reuters) -Roku narrowed its adjusted operating loss forecast for the third quarter and said it would lay off 10% of its staff as well as cut down on some office space, sending the company's shares more than 8% higher in premarket trading on Wednesday.