Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Customers buy grocery items inside a superstore of Reliance Industries Ltd, in Mumbai, India, October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Register now for FREE unlimited access to Reuters.com Register India retail giant plans big push in consumer goods business Reliance in late-stage talks with 30 brands for deals-source Indian firm is hiring distributors, executives for… Continue reading Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Take Five: Recession talk justified? Follow the date

A deluge of data from across major economies comes at a pivotal moment in the debate over whether central banks are jacking up interest rates into a potentially sharp global growth slowdown. And with jittery investors dumping risk assets en masse, what comes next after a crypto-currency route is also in focus. Here’s your week… Continue reading Take Five: Recession talk justified? Follow the date

Wall Street Week Ahead: Signs of market bottom elude investors after steep selloff

“Stock Exchange” is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, US, March 29, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Investors are studying an array of indicators for clues on how much further… Continue reading Wall Street Week Ahead: Signs of market bottom elude investors after steep selloff

EXCLUSIVE Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022

NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) expects shortages and heightened demand to last for the “balance of the year,” said CEO Murray Kessler in an interview with Reuters. Perrigo’s formula manufacturing facilities in Ohio and Vermont… Continue reading EXCLUSIVE Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022