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08 Sep

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.

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08 Sep

French wine output falls with sharp contrasts between vineyards

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.

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07 Sep

US Senate confirms Kugler to fill Fed governor position

(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.

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08 Sep

French ministry forecasts 2023 wine production at 45 million hl

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.

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06 Sep

Roku trims core loss forecast, plans to reduce 10% workforce

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.

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07 Sep

Fed Board gets last governor as it nears economic crossroads

(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.

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06 Sep

Roku narrows core loss forecast, plans to trim 10% workforce

(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.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
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  • Google's expert in US antitrust trial defends billions paid to device makers
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