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Exclusive: India’s Reliance to Acquire Dozens of Brands in $6.5 Billion Consumer Goods Game
Customers buy groceries at a Reliance Industries Ltd supermarket in Mumbai, India October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Join now for FREE unlimited access to Reuters.com Register Indian retail giant predicts big push in consumer goods sector Dependence in end-stage talks with 30 brands for deal source Indian company recruits distributors and executives for new […]
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Gunman kills 10 in livestreamed racial attack on New York State supermarket
BUFFALO, NY, May 14 (Reuters) – An 18-year-old white gunman shot and killed 10 people and injured three at a grocery store in a black upstate New York neighborhood on Saturday, before turning himself in after what authorities called an act of “racially motivated violent extremism”. Authorities said the suspect, who was armed with an […]
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Walmart’s EXCLUSIVE maker and Amazon-branded infant formula expect shortages through rest of 2022
Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, U.S., May 10, 2022. REUTERS/Kaylee Greenlee Beal Join now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes private label baby formula for retailers including Walmart Inc (WMT.N) and […]
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Nasdaq drops more than 3% as US inflation data provides little relief to investors
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on first quarter revenue slump, net loss Indices: Dow down 1%, S&P 500 down […]