Canada’s grocery industry needs more players to tame inflation – competition bureau
(Reuters) – More players in Canada’s grocery sector are crucial to combat soaring prices of essential goods amid persistent inflation,…
Business
European shares inch up on China boost, rate hike fears limit gains
By Amruta Khandekar and Siddarth S (Reuters) -European shares rose on Tuesday supported by financials and luxury stocks as investors…
Factbox-The state of legal cases in VW’s diesel scandal
HAMBURG (Reuters) – Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by…
Britain’s supermarkets reject ‘profiteering’ charge
By James Davey and Sarah Young LONDON (Reuters) -British supermarket executives rejected allegations they were profiteering through a cost of…
Brazil inflation slows as central bank foresees August rate cut
By Gabriel Araujo SAO PAULO (Reuters) -Annual inflation in Brazil slowed further in early June, hitting its lowest in nearly…
Xponential plunges after short-seller alleges fitness chain misled investors
(Reuters) – Shares of Xponential Fitness slumped nearly 34% on Tuesday after short-seller Fuzzy Panda Research alleged that the boutique…
EU wants all textile waste rules in place by 2028 – commissioner
By Jacob Gronholt-Pedersen Copenhagen (Reuters) – The European Commission wants all planned regulations requiring fashion companies to produce clothes in…
Sale of maker of Purell hand sanitizer falls flat -sources
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) -The end of the COVID-19 pandemic has weighed not just on…
Brookfield values American Equity at $4.3 billion in takeover bid
By Niket Nishant (Reuters) -Annuities provider American Equity Investment Life Holding said on Tuesday it has received a takeover offer…
Delta lifts profit outlook on sustained travel demand
By Rajesh Kumar Singh and Shivansh Tiwary CHICAGO (Reuters) -Delta Air Lines on Tuesday lifted its second-quarter profit outlook and…