US

More Pain Or Rebound? Investors Brace For Retail Earnings

Walmart Inc and Target Corp kick off retail earnings this week, and what the two biggest US retailers say about consumers will likely set the theme for the...

US Farmers To Harvest Record Soy Crop On Massive Yields: USDA

The US soybean harvest, already forecast as the biggest ever, will top previous expectations as prospects in major producing states like Illinois, Indiana...

Russia's New Crop Wheat Exports Stifled As Western Bank Wariness Bites

Exports of Russian wheat harvested this summer for the 2022/23 marketing season are unlikely to fulfil the potential offered by an expected record crop as...

TreeHouse Foods To Sell Part Of Meal Prep Business

TreeHouse Foods Inc said it would sell a significant portion of its meal preparation business to an investment firm for $950 million in a bid to focus more...

US Judge Weighs Ben & Jerry's Claims Against Owner Over Israeli Business

A US judge on Monday appeared skeptical that Ben & Jerry's deserved an immediate injunction against its parent Unilever Plc to restrict...

Maersk Beats Q2 Revenue Expectations, Lifts 2022 Guidance

Shipping group Maersk has raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freig...

LVMH Beats Expectations Despite China Drag On Sales

Moët & Chandon owner LVMH is optimistic about high-end spending in the United States but it struck a cautious note on the pace of recovery in...

Walmart Revises Outlook, Cites 'Double Digit' Inflation

Retail giant Walmart has said that it expects comparative sales for the second quarter of its financial year to be 6% higher, however it expects its profit...