US

LVMH Flags Strong Chinese Rebound, US Slowdown

LVMH, the world's largest luxury company, reported a 17% rise in first-quarter sales, more than double analysts' expectations, as China rebounded sharply a...

Bel Partners With Climax Foods On Plant-Based Cheese Development

Bel Group has announced a partnership with biotech start-up Climax Foods Inc. to develop plant-based cheese for its Laughing Cow, Kiri, Boursin, Babybel an...

Walmart Plans Own EV Charger Network At US Stores By 2030

Walmart plans to have its own network of electric vehicle charging stations for public use by 2030, to tap into growing adoption of EVs in the United State...

After Growing GM Corn For Decades, Some US Farmers Open To Mexican Restrictions

Mexico has found unexpected allies as it tries to limit imports of genetically modified (GM) corn: some US farmers who grow the crops.

Chinese Pork Giant WH Group Processes More Chicken To Offset Competition

Chinese pork processing giant WH Group processed 30% more poultry last year, the company said, as it diversifies into other meats to lower costs and become...

Nestlé Announces Investment In Texas-Based Solar Project

Food giant Nestlé has announced that it is investing in Ganado, a solar project owned and developed by Enel North America in Jackson County, Texas.

Pernod Ricard To Acquire Majority Stake In Skrewball

Pernod Ricard USA has announced that it has agreed to acquire a majority stake in Skrewball, a super-premium peanut butter flavoured American whisky brand.

Dollar General Misses Quarterly Estimates As Discretionary Spending Wanes

Dollar General missed market estimates for quarterly same-store sales as Americans curtailed discretionary spending amid stubbornly high inflation, and win...