United States

Reckitt's Baby Formula Sales To Suffer After Tornado Damages Warehouse

Sales of Reckitt's Mead Johnson baby formula powder are likely to take a short-term hit after a tornado damaged a third-party warehouse in the United State...

Health Advocates Target Philip Morris' US Launch Of Heated Tobacco

Health campaigners have written to US regulators accusing Philip Morris International of misrepresenting past regulatory decisions, seeking to disrupt the...

PepsiCo Misses Quarterly Revenue Expectations On Slowing Demand For Snacks, Sodas

PepsiCo missed expectations for second-quarter revenue as a series of price hikes and competition from private-label brands slowed sales of its snacks and...

Constellation Brands Beats Profit Estimates In First Quarter

Constellation Brands beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines...

US FDA To Prohibit Use Of Brominated Vegetable Oil In Food, Soda

The US Food and Drug Administration said it would revoke the regulation that authorised the use of brominated vegetable oil (BVO) in food items, effective...

Katy Perry-Backed Food Products Firm Bragg Explores Sale, Sources Say

Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is exploring a sale that could value the maker of apple cider vinega...

UK Inflation Returns To 2% Target For First Time Since 2021

British inflation returned to its 2% target in May for the first time in nearly three years, latest data from the Office for National Statistics...

Rival Pork Exporters Could Benefit From China-EU Trade Tensions

Pork suppliers from South America and the United States could gain market share in China if Beijing restricts imports from the European Union in response t...