Top Business News

Cargill to challenge Beyond Meat, Impossible Foods with new plant-based burger

02/24/20 2:10 AM

Cargill Inc will launch plant-based hamburger patties and ground "fake meat" products in April, the company said on Monday, challenging Beyond Meat and Impossible Foods for sales in grocery stores, cafeterias and restaurants.

Italy's UniCredit says Mustier to stay on as CEO

02/24/20 1:55 AM

Italy's biggest bank UniCredit said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC .

Amazon in Holocaust row about 'Hunters' series, anti-Semitic books

02/24/20 1:51 AM

The Auschwitz Memorial criticized Amazon on Sunday for fictitious depictions of the Holocaust in its Prime series "Hunters" and for selling books of Nazi propaganda.

Coronavirus concerns spur odd market moves

02/24/20 1:37 AM

Some asset prices are moving together in unusual ways, an indication that investors may be preparing their portfolios for a coronavirus-led global slowdown.

Shares drop, gold surges as investors scurry for safety

02/24/20 1:32 AM

Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East.

Some Samsung, Hyundai workers self-quarantine as Korean Inc braces for virus impact

02/24/20 1:23 AM

Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from disrupting its home market.

Oil prices slide on demand concerns as virus spreads globally

02/24/20 1:22 AM

Oil prices tumbled more than 2% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about a hit to demand.

Large parts of China relax coronavirus curbs, many places report zero new cases

02/24/20 1:15 AM

Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and movement of people on Monday as reported new cases of the coronavirus outside the worst-hit province fell to the lowest in a month.

PepsiCo buys Chinese snack brand Be & Cheery for $705 million

02/24/20 1:01 AM

PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said.

Ex-Facebook executive starts group to help employees push companies on climate

02/24/20 1:00 AM

Facebook's former sustainability chief has launched an organization to help employees at big companies press their bosses for more aggressive policies to fight climate change.

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