Investing

  • Sterling hits 2-1/2 year high against currency basket

    April 24 2012 11:24 AM

    Sterling climbed to its highest in two-and-a-half years against a trade-weighted basket of currencies on Tuesday, lifted by its robust performance against the euro and the dollar as it remained a popular alternative to a troubled euro zone.

  • Hershey lifts outlook on 1st-quarter beat

    April 24 2012 8:40 AM

    Hershey Co posted a higher-than-expected first-quarter profit on Tuesday, helped by price increases, and raised its full-year outlook, sending the candy maker's shares up more than 3 percent.

  • Hershey profit up on price increases

    April 24 2012 7:24 AM

    Hershey Co reported higher quarterly profit on Tuesday, helped by price increases.

  • Trade-weighted sterling rises to highest since Aug 2009

    April 24 2012 7:16 AM

    Sterling rose to its highest since August 2009 against a trade-weighted basket of currencies on Tuesday, buoyed by its rise to a 20-month high against the euro.

  • AB Foods sees sugar boost as Primark recovers

    April 24 2012 5:16 AM

    Associated British Foods forecast a substantial rise in full-year profits as under-pressure British shoppers turned to its Primark discount fashion stores and it benefited from high sugar prices to fuel a 5 percent half-year earnings rise.

  • AB Foods sees strong year on Primark, sugar

    April 24 2012 2:48 AM

    Associated British Foods forecast a substantial rise in full-year earnings as under-pressure British shoppers turned to its Primark discount fashion stores and it benefited from high sugar prices in the first half of its financial year.

  • AB Foods sees substantial earnings rise for year

    April 24 2012 2:32 AM

    Primark-owner Associated British Foods gained as under-pressure British shoppers turned to its discount fashion stores and it benefited from high sugar prices prompting the group to forecast a substantial growth in earnings for its full year.

  • Analysis: Dow's new corn: time bomb or farmers' dream?

    April 24 2012 2:24 AM

    A new biotech corn developed by Dow AgroSciences could answer the prayers of U.S. farmers plagued by a fierce epidemic of super-weeds. Or it could trigger a flood of dangerous chemicals that may make weeds even more resistant and damage other important U.S. crops.

  • Analysis - Dow's new corn - time bomb or farmers' dream?

    April 24 2012 1:16 AM

    A new biotech corn developed by Dow AgroSciences could answer the prayers of U.S. farmers plagued by a fierce epidemic of super-weeds. Or it could trigger a flood of dangerous chemicals that may make weeds even more resistant and damage other important U.S. crops.

  • Dow's new corn - time bomb or farmers' dream?

    April 24 2012 12:24 AM

    A new biotech corn developed by Dow AgroSciences could answer the prayers of U.S. farmers plagued by a fierce epidemic of super-weeds. Or it could trigger a flood of dangerous chemicals that may make weeds even more resistant and damage other important U.S. crops.

  • Kellogg cuts outlook; shares fall 5.5 percent

    April 23 2012 1:32 PM

    Kellogg Co cut its full-year outlook after a disappointing first-quarter performance, sending the cereal maker's shares down 5.5 percent and pressuring the packaged food sector overall.

  • Sterling at fresh 20-month high versus weakened euro

    April 23 2012 11:08 AM

    Sterling rose to a 20-month high against a weakened euro on Monday as political uncertainty in France and the Netherlands, combined with a grim economic outlook in the euro zone, prompted investors to flee the common currency.

  • Trade-weighted sterling at highest since Aug 2009 - BoE

    April 23 2012 9:32 AM

    Sterling rose to its highest in more than two and a half years against a trade-weighted basket of currencies on Monday, buoyed by its jump to a 20-month peak against a broadly weaker euro.

  • Kellogg cuts outlook, shares sink

    April 23 2012 8:16 AM

    Kellogg Co cut its full-year outlook on Monday, citing a weaker-than-expected first-quarter performance, and its shares fell 6.3 percent.

  • Bumper retail sales lift pound to 20-month high

    April 20 2012 10:56 AM

    Upbeat retail sales sent sterling to a 20-month high against a trade-weighted basket of currencies and its strongest in more than five months versus the dollar on Friday as investors become more optimistic about the UK economic outlook.

  • U.S. sales boost McDonald's 1st-quarter profit

    April 20 2012 9:00 AM

    McDonald's Corp reported higher quarterly profit on Friday, paced by strong sales at established restaurants in the United States and Europe.

  • McDonald's profit up, helped by sales gains

    April 20 2012 8:24 AM

    McDonald's Corp reported higher quarterly profit on Friday, paced by strong sales at established restaurants in the country.

  • Nestle sees tough 2012 after price hikes help sales

    April 20 2012 5:32 AM

    Nestle, the world's biggest food group, warned 2012 would be a tough year due to sluggish growth in the developed world as emerging market demand and price rises helped first-quarter underlying sales growth hold up better than expected.

  • Nestle posts strong Q1 growth from emerging markets

    April 20 2012 3:24 AM

    Nestle , the world's biggest food group, reported forecast-beating first-quarter organic sales growth of 7.2 percent on Friday as emerging market demand and price rises helped offset sluggish growth in the developed world.

  • Insight: U.S. barnyards help China super-size food production

    April 20 2012 1:24 AM

    Inside a dimly lit barn in northeast Indiana, where the air smells faintly of corn and earth, the future of China's food supply is squealing for attention.