Kraft Heinz plans more price hikes as sales, earnings beat estimates
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw…
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw…
PARIS – The next French government will need to revise current budget deficit reduction plans after a presidential election in April to ensure France does not fall further behind other…
By Nidhi Verma NEW DELHI – India’s Reliance Industries Ltd plans to produce blue hydrogen at a “competitive cost” of about $1.2-$1.5 per kg as it repurposes its $4-billion gasification…
By Andrea Shalal and Doina Chiacu WASHINGTON – The United States is seeking to free up half of the $7 billion in frozen Afghan central bank assets on U.S. soil…
French President Emmanuel Macron announced Thursday that his government would add at least six nuclear power plants to its arsenal in the coming decades. “We are fortunate in France to…
SHANGHAI – U.S. electric carmaker Tesla plans to place its China design centre in Beijing, a government document issued by the Chinese capital said. Tesla said in 2020 it planned…
– The U.S. government is planning to roll out COVID-19 shots for children under the age of 5 as soon as Feb. 21, according to a document from the U.S.…
By Nichola Saminather TORONTO – Canada’s largest stock market operator, TMX Group, plans to launch its first cryptocurrency futures product in response to institutional investors’ desire to offset the risks…
– CoverGirl cosmetics maker Coty Inc said on Tuesday it would withdraw from the planned initial public offering of its Brazilian unit, blaming adverse financial market conditions in the South…
By Nick Carey LONDON – Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles…
– Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad, Bloomberg News reported on Friday, citing people with…
TOKYO – Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support its…
By Tina Bellon AUSTIN, Texas – Tesla Inc on Wednesday applied for a permit to extend its existing Austin-based car factory with a building to produce cathodes for battery manufacturing,…
-Melinda French Gates is no longer pledging to donate most of her wealth to the charitable foundation she co-founded with her former husband and will instead disburse the funds among…
WASHINGTON – Then-President Donald Trump was directly involved in efforts to use national security agencies to seize voting machines after his 2020 election loss, pressing his lawyer to make queries…
LONDON -The British government plans to revoke its decision to make COVID-19 vaccination mandatory for health workers in England after warnings that an already-stretched service could face serious staff shortages.…
LONDON – British businesses are scaling back plans for pay rises and hiring, but almost half intend to increase the prices they charge customers as they seek to manage rapidly…
By Kylie MacLellan LONDON – The British government will introduce new legislation this week to broaden the scope of sanctions it can apply to Russia in an effort to deter…
LONDON – NATO has no plans to deploy combat troops to non-NATO member Ukraine in the event of a Russian invasion, NATO Secretary-General Jens Stoltenberg said on Sunday. Asked on…
President Joe Biden is set to announce guidelines for regulating cryptocurrencies in the coming weeks, Barron’s reported. The initiative will involve the State Department, Treasury Department, National Economic Council, Council…
By Danielle Kaye NEW YORK – Apple Inc teased its metaverse ambitions on Thursday as CEO Tim Cook talked expansion of the company’s augmented reality apps, prompting strong investor response.…
By Phil Stewart WASHINGTON – A study by the RAND Corporation think-tank released on Thursday faulted the U.S. military for “considerable weaknesses” and inconsistencies in its review of allegations of…
– General Motors Co said on Wednesday it would hire more than 8,000 new technical staff this year, as the U.S. automaker accelerates its development of electric vehicles and software-driven…
Virginia Gov. Glenn Youngkin named a new anti-Critical Race Theory (CRT) diversity officer to lead the state’s equity office on Wednesday. Angela Sailor was appointed to be Virginia’s director of…
Republican lawmakers are sponsoring a bill designed to protect financial transactions known as “payment for order flow,” in which brokerages route their clients’ trades to market makers. The practice is…