Nestle trials giving cash to coffee farmers who grow beans sustainably
By Maytaal Angel LONDON (Reuters) – Nestle is piloting a scheme to give cash to coffee farmers who grow beans…
Economy
High inflation and recession risk – the Bank of England’s dilemma
By William Schomberg LONDON (Reuters) – The Bank of England is trying to curb an inflation rate that is running…
Russia’s McDonald’s heir growing quickly, in for the long haul
By Olga Popova MOSCOW (Reuters) – The successor to McDonald’s restaurants in Russia is growing faster than forecast, its owner…
VW’s China joint venture transforms Shanghai plant for EV production
SHANGHAI (Reuters) – Volkswagen’s Chinese joint venture with SAIC Motor has transformed one of its plants in Shanghai for production,…
U.S. public sees no clear winner in debt ceiling deal -Reuters/Ipsos poll
By Jason Lange WASHINGTON (Reuters) – Neither President Joe Biden’s Democrats nor Republicans in Congress emerged as a clear winner…
Cathay Pacific to pay deferred dividend to HK govt as operations return to normal
(Reuters) – Cathay Pacific Airways Ltd said on Tuesday it would pay the deferred dividend of HK$1,524.1 million ($194.35 million)…
Lucky Strike maker BAT backs forecast but US growth a drag
By Eva Mathews (Reuters) – British American Tobacco maintained its annual revenue and profit forecasts on Tuesday and said performance…
Marketmind: Markets level, Aussie hikes, crypto judders
A look at the day ahead in U.S. and global markets from Mike Dolan As world stock markets levelled off…
Global housing outlook brightens despite pressure from higher rates: Reuters poll
By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) – The outlook for most major housing markets has improved slightly from…
Kraken says systems operational after issue with crypto gateways
(Refiles to remove unrelated Refinitiv Instrument Code) (Reuters) -Cryptocurrency exchange Kraken said on Tuesday that it had resolved an outage…