United States

Former Tyson Foods Chicken Farmers Face High Costs Switching To Eggs

Some US farmers who once raised chickens for Tyson Foods to slaughter are shifting to sell eggs after the meatpacker closed six plants.

Consumer Gulf Widens As Demand For Premium And Budget Foods Grows

From Nestlé to Danone, food companies are seeing shoppers that want either premium or cheaper products.

Getir Mulls Sale Of Shopping Platform n11 Among Options, Sources Say

Getir is considering the sale of online shopping platform n11 among options in discussions with investors on a new road map, two sources said.

Philip Morris Results Beat Estimates On Demand For Heated Tobacco Sticks

Philip Morris International surpassed market expectations for first-quarter profit and revenue, helped by robust demand for its heated tobacco product and...

PepsiCo Beats Quarterly Revenue Estimates On Price Hikes, Steady Demand

PepsiCo beat Wall Street expectations for first-quarter revenue as demand held steady for the soda and snacks giant's Tropicana juices and Cheetos in its i...

LVMH Sales Growth Slips On Luxury Spending Slowdown

LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousand...

Illycaffè Reports Revenue And Profit Growth In FY 2023

Italian coffee company Illycaffè achieved solid revenue growth in 2023, reaching €595.1 million (+5.7% at constant exchange rates and +4.8% at...

Carrefour-PepsiCo Dispute Sheds Light On Key Role Of Retailers' Ad Business

Carrefour and PepsiCo's just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the relationship betw...