Consumer Staples

Cadbury-Parent Mondelēz Sees Q4 Sales Jump, Price Hikes Impact Volumes

Mondelēz International posted a rise in fourth-quarter sales, but price hikes took a toll on volumes as it squeezed demand for the Cadbury parent's chocola...

France's Leclerc Backs Carrefour In Pressuring Food Producers

The chairman of France's biggest supermarket chain E. Leclerc called on all big consumer goods firms to lower their prices as he weighed in on competitor C...

Price Rises Slow, But Packaged Goods Makers Struggle To Win Shoppers Back

Packaged goods makers including Unilever and Nestlé disappointed investors with weak third-quarter sales volumes, but that could change in the...

Hedge Funds Short Food, Beverage And Tobacco Stocks Amid Soaring Bond Yields: Goldman Sachs

Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, vi...

Activist Investors Eye Food, Consumer Goods Firms

In the first seven months of the year, the consumer goods industry was the most targeted by activist investors, data shared exclusively with Reuters by con...

Italian Government To Meet Supermarkets, Small Retailers To Address High Prices

Italy's government will meet with supermarkets and small retailers' associations on Wednesday (6 September) to address stubborn inflation in the prices of...

Consumer Staples, Industrials Lift UK Shares On Economic Recovery Bets

UK shares inched higher on Monday, supported by consumer staples and industrials stocks as the economic recovery gathered pace. The blue-chip FTSE 100 i...

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