Danone SA
German stocks lift European markets higher; Wienerberger jumps 12%
U.S. stocks open higher Wednesday U.S. stocks kicked off Wednesday’s trading session in the green. The S&P 500 added 0.2%, and the Nasdaq Composite gained 0.3%. Meanwhile, the Dow Jones Industrial Average flickered near the flatline. — Hakyung Kim Wolters Kluwer shares slide 10%; CEO announces retirement after 22 years Wolters Kluwer shares tumbled on […]
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The ‘weight-loss trade’ has stalled. What it will take to revive investor interest
Anyone who’s been on a diet can likely relate: Those first lost pounds are met with a sense of euphoria. The voice inside one’s head screams: “I’ve got this!” But then, it inevitably becomes a slog. The initial novelty wears off, and the real work begins. Investors may see a parallel to the initial elation […]
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European stocks set to slip at open; Mercedes car earnings plummet
European markets: Here are the opening calls European markets are seen opening mixed on Friday, according to IG data. Germany’s DAX is set to open 33 points lower at 19,416, with France’s CAC 40 down 11 points at 7,497. The U.K.’s FTSE 100 is seen heading for a cautiously brighter start, up 5 points at […]
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European markets move higher; Renault shares up 6% after quarterly revenue jump
European stocks were slightly higher on Thursday, as investors reviewed another batch of earnings reports, and as U.S. market declines weighed on global sentiment. The pan-European Stoxx 600 was up 0.53% by 10:05 a.m. London time, with the majority of major bourses and sectors trading in positive territory. Travel and leisure stocks added 2.85% while […]
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Weight loss drugs like Wegovy could spawn a host of new piggyback product lines
Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty Images LONDON — The rapid rise of weight loss drugs like Wegovy is generating a host of new product lines as companies hope to land on the right side of the health care disruptor. Industries spanning food and beverage […]
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Danone CEO downplays threat of weight loss drugs on food producers: 'We see ourselves as extremely complementary'
Pots of Activia yoghurt, manufactured by Danone SA, sit on display. Bloomberg | Getty Images The CEO of French consumer goods giant Danone downplayed the threat of obesity drugs on its food business, arguing that consumers were likely to turn to healthy products as part of their new weight loss regime. Antoine de Saint-Affrique said […]
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Container fees strike $10,000 as ocean freight inflation soars in Pink Sea crisis
With the Red Sea diversions by shipping and delivery firms including Maersk continuing amid the risk of assaults by the Houthis, worldwide logistics managers are confronted with a two-front storm of increasing ocean and air freight price ranges and stranded cargo. Each are threats to the world wide supply chain following a few tumultuous a […]
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These are the stocks that will benefit — and lose out — from the wellness trend, Morgan Stanley says
Weight loss drugs have been in the spotlight. But they’re just one aspect of a growing focus on health — on the part of both consumers and governments. The Covid-19 pandemic was a big factor behind the rising focus on weight and its implications for health, Morgan Stanley noted. “Thus health (or wellness) has become […]
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JPMorgan states this sector is in ‘pole position’ — and names 5 global stocks established to outperform
Analysts at JPMorgan named 5 world wide stocks in a sector they described as remaining in “pole placement,” subsequent the Federal Reserve ‘s newest fee hike. On July 26, the Fed approved its 11 th interest fee hike in a tightening method that began in March 2022, having borrowing costs to their optimum level considering […]
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Ukraine seeks to entice worldwide firms from Moscow as Danone and Carlsberg property seized
A bartender holds a glass of Carlsberg beer in a bar in St. Petersburg, Russia. Alexander Demianchuk | Russia Ukraine is urging world-wide businesses to divest from Russia and relocate to its war-stricken neighbor, as Moscow proceeds to seize the assets of foreign businesses. Russian President Vladimir Putin signed a decree on Sunday for the […]
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