US

Starbucks Forecasts Over $2bn Drop In Quarterly Income As COVID-19 Hits

Starbucks Corp said it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the year even as near...

US Consumer Prices Post Third Straight Monthly Drop

US consumer prices fell for a third straight month in May and underlying inflation was weak as demand remained subdued amid a recession caused by the COVID...

Impossible Foods Starting Direct-To-Consumer Plant Burger Sales

Impossible Foods has said that it will sell plant-based meat burgers in the United States directly to consumers through its own website, as demand for...

Autonomous Robot Usage Extends To Daytime As Retailers Adjust To New Cleaning Demands

Robotic floor scrubbers are increasingly being used during daytime hours to help retailers keep up with heightened cleaning demands in wake of the COVID-19...

Nestlé Launches Life Cuisine Range In The US

Nestlé USA has announced that that has rolled out a new range of healthy meal options under the brand Life Cuisine. The range offers 15 meal solu...

Chinese Online Grocery Firm Dada Files For US IPO

Online grocery firm Dada Nexus Ltd filed for an initial public offering, making it the latest Chinese firm to opt for a US listing after a strong...

UK Plans To Cut Tariffs On US Agricultural Imports

The United Kingdom is planning to cut tariffs on US agricultural imports to advance progress on a free trade agreement, reports the Financial Times. The...

Soybeans Extend Gains, Hit One-Week High On Chinese Buying

Chicago soybean futures climbed for a second session to a one-week high on Friday as Chinese demand underpinned prices, although the oilseed is on course f...