
Italy may have dodged a 'pasta strike' but food inflation is still high. Here's why
Italians were supposed to be on a "pasta strike" this week but it was called off after prices for the national staple started to fall. Zoom out, though, and global food prices are still far higher than a year ago, despite precipitous drops in the cost of key raw materials.
2023-06-29 22:51

Brainard Sees Potential for Near-2% US Inflation by November 2024
President Joe Biden’s chief economic adviser said that inflation numbers should improve through the second half of the
2023-06-29 22:50

Billionaire Gilinski Bids $836 Million for Colombia’s Exito
Jaime Gilinski made an unsolicited $836 million cash offer for Colombian retailer Almacenes Exito just a month after
2023-06-29 22:49

US Supreme Court tosses Hetronic's $96 million trademark win against European distributor
By Blake Brittain WASHINGTON Limiting the foreign reach of American trademark law, the U.S. Supreme Court on Thursday
2023-06-29 22:28

Overstock.com is changing its name. It's one you may recognize
Overstock.com, one of the biggest names in e-commerce, is ditching its name for something just as recognizable: Bed Bath & Beyond.
2023-06-29 22:27

US pending home sales fall to five-month low in May
WASHINGTON Contracts to buy U.S. previously owned homes fell more than expected in May, dropping to the lowest
2023-06-29 22:26

Volkswagen's Audi to replace CEO Duesmann with Gernot Doellner
FRANKFURT Volkswagen's Audi division will replace current CEO Markus Duesmann on Sept. 1, with Volkswagen strategy chief Gernot
2023-06-29 22:26

US Pending-Home Sales Drop to Lowest This Year on Limited Supply
US pending home sales in May fell to the lowest level this year as high mortgage rates and
2023-06-29 22:24

Alkermes beats back board room challenge from Sarissa Capital Management, all directors re-elected - sources
By Svea Herbst-Bayliss NEW YORK Shareholders in Alkermes have re-elected all of the biotechnology company's directors, according to
2023-06-29 22:22

Energy crisis and inflation push more German firms into insolvency - study
The number of German firms pushed into insolvency rose in the first half of this year at the
2023-06-29 22:19

What could break as interest rates rise?
LONDON Markets are on the alert to which sectors will buckle under the sharpest jump in interest rates
2023-06-29 22:18

H&M shares jump 17% as summer collection boosts profit
By Marie Mannes STOCKHOLM Fashion retailer H&M's shares jumped 17% on Thursday after its second-quarter profit beat estimates
2023-06-29 21:59
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