Russia

McBride Upbeat On Profit As Costs Ease, Sending Shares Higher

McBride noted on Friday it expects full-year profit to come in above current forecasts as soaring raw material costs steadied and demand strengthened.

Moscow Takes Control Of Russian Subsidiary Of Danone And Carlsberg's Stake In Brewer

The Russian state has taken control of French yoghurt maker Danone's Russian subsidiary along with beer company Carlsberg's stake in a local brew...

Black Sea Grain Deal To Expire Monday On Russia Suspension

A pact that has allowed the safe Black Sea export of grain from Ukraine for the past year will expire at the end of Monday after Russia said it will suspen...

Carlsberg Agrees To Sell Russian Business To Undisclosed Buyer

Carlsberg said on Friday it had signed an agreement to sell its Russian business but did not name the buyer or the agreed price for the transaction, which...

US Consumer Price Increases Slow In May

US consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years.

Oreo-Maker Mondelēz Faces Nordic Backlash Over Russia Business

Mondelēz International, facing a widening corporate boycott in the Nordic region over its continued presence in Russia

Did You Know ...? 6 June 2023

More than three quarters (77%) of consumer goods industry leaders believe investment in sustainability will help to accelerate business growth.

Irish Consumer Sentiment Recovers Further In May

Irish consumer sentiment continued its steady recovery in May from its recent 14-year low as concerns about the increased cost of living eased a little mor...