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AB Foods Sees Sugar Bottoming Out As Primark Doubts Emerge

For years, Associated British Foods Plc has relied on its Primark budget clothing chain for growth as its sugar business has struggled. Now the tables are...

PayPal Drops On Concern Apple Pay Threatens Web Payments Volume

PayPal Holdings Inc. fell Thursday on concern the potential expansion of Apple Pay to mobile browsers threatens a portion of the company’s payments v...

Big Food Caves To Tiny Vermont On GMO Labels Ahead Of July Law

The second-smallest US state is forcing a big change in the food industry. Kellogg Co., Conagra Foods Inc. and Mars Inc. all announced this week that th...

Tesco Convenience Business Boss Steps Down

The head of Tesco’s convenience store operations, Tony Reed, will be stepping down from the company, according to reports from industry publica...

Kraft Heinz Tops Profit Estimates After Condiment Sales Grow

Kraft Heinz Co., formed by a merger of two US food giants in July, posted quarterly earnings that topped estimates, helped by growth of condiment sales....

Thai Tycoons Said To Compete For Casino Southeast Asia Units

Some of Thailand’s richest families are preparing to compete for the Southeast Asian operations of French supermarket operator Casino Guich...

Philip Morris Raises Full-Year Earnings Forecast On Currencies

Philip Morris International Inc., the world’s largest publicly traded tobacco company, raised its full-year earnings forecast on less adverse currenc...