Russia

Hershey Beats Quarterly Sales Estimates On Higher Pricing

Hershey beat Wall Street expectations for quarterly sales on Thursday, riding on benefits from higher prices of its chocolates and sweets.

IGC Raises Forecast For 2023/24 World Wheat Crop

The International Grains Council (IGC) on Thursday raised its forecast for global wheat production in the 2023/24 season with upward revisions for Ukraine,...

Wheat Rises As Dry Weather In Key Exporters Triggers Supply Concerns

Chicago wheat prices rose on Monday as traders worried about dry weather shrinking harvests in Argentina and Australia and Russian attacks damaging Ukraine...

Brewer Carlsberg Ends License Agreements In Russia

Carlsberg recently said that it has terminated its license agreements in Russia following Moscow's decision earlier this year to take control of the D...

Russian Wheat Export Prices Almost Unchanged For Third Week On Low Demand

Russian wheat export prices maintained their levels last week in the face of a tacit minimum delivery price restriction.

French Consumers Massively Cutting Essential Purchases, Carrefour CEO Warns

The CEO of French retailer Carrefour warned on Tuesday that consumers were massively curbing purchases of essential staples due to high prices.

BP Urges More Oil, Gas Investment While Speeding Energy Transition

BP said that the world must invest in the production of oil and gas to avoid to sharp price spikes while accelerating the energy transition to combat green...

Heineken Exits Russia With One-Euro Sale Of Operations

Dutch brewer Heineken said on Friday it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic €1.