Cintas beats quarterly estimates on price hikes, easing cost
(Reuters) – Cintas Corp beat quarterly profit and revenue expectations on Thursday, helped by demand for its pricier rental uniforms…
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Argentina’s economic woes spark ‘supermarket tourism’ from neighbors
By Horacio Soria and Lucinda Elliott MONTEVIDEO (Reuters) – Uruguayans are crossing into Argentina to shop for cheap food and…
PepsiCo lifts annual forecasts again on price hikes, steady demand
By Ananya Mariam Rajesh (Reuters) – PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second…
ECB policymakers open to further rate hikes past July
FRANKFURT (Reuters) -The European Central Bank may need to continue raising interest rates beyond this month to bring inflation back…
US producer prices barely rise in June; core PPI subsides
WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest…
EM portfolios see $22 billion foreign inflow in June -IIF
NEW YORK (Reuters) – Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since…
Factbox-Germany unveils strategy on China, trade partner and rival
(Reuters) – Germany on Thursday passed its long-awaited China strategy after months of wrangling within Chancellor Olaf Scholz’s three-way coalition…
Cinepolis exec Eduardo Acuna to become Cineworld CEO
(Reuters) – Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will…
UK food price inflation to be 9% in December, industry researcher cautions
LONDON (Reuters) – Food price inflation in Britain will decline through the balance of 2023 but will still be about…
Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media
BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour…