World News

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Target Same-Day Delivery, Store Pick-Up Demand Fires Up Holiday Quarter Sales

Target Corp beat analysts' estimates for holiday quarter sales on Tuesday, powered by the company's same-day delivery and store pick-up services that helpe...

Morrisons Acquires Cornwall-Based Seafood Wholesaler Falfish

UK retailer Morrisons has announced that it has acquired Cornwall-based seafood supplier, Falfish. The deal will see the retailer source more than 80% o...

No- And Low-Alcohol Consumption To Increase By A Third By 2024, Study Finds

Total volumes in the no- and low-alcohol drinks segment are forecasted to grow by just under a third (31%) in the period to 2024, a new study by IWSR Drink...

Danone Shares Rise After It Prepares To Sell Chinese Dairy Stake

Shares in Danone rose 1.9% on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Meng...

Costco Lifts Minimum Wage Above Amazon Or Target To $16 Per Hour

Costco Wholesale Corp is raising the minimum wage for its hourly staff to $16 from next week, a dollar more than what its competitors Amazon.com Inc and Ta...

Spain's Ebro Foods Sees Profits Up As Consumers Stock Up During Pandemic

Ebro Foods has reported a 36% jump in annual profit, with its rice and pasta products particularly popular as coronavirus restrictions forced people to eat...

Groupe Casino Sees Operating Profit Jump, Plans To Cut More Debt

French retailer Groupe Casino has vowed to boost its profitability and cash flow further this year and push on with its asset disposal plan to reduce debts...

Global Food Security Continues To Struggle, Study Finds

Global food security continues to struggle against the threat of climate change and the global pandemic, a new study has found. The Economist's Global F...