EUR/USD 1.14178
-0.043%
Gold 4032.70
0.402%
Oil 69.986
-0.411%
USD/JPY 162.623
0.427%
GBP/USD 1.32604
0.023%
GBP/JPY 215.650
0.457%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The German DAX 30 index closed up 359.11 points, or 1.46%, at 24,995.27 on Tuesday, June 30; the UK FTSE 100 index closed up 19.74 points, or 0.19%, at 10,503.96; and the French CAC 40 index closed up 36.66 points, or 0.44%, at 8,403.99. The Stoxx 50 index closed up 93.33 points, or 1.50%, at 6324.96 on Tuesday, June 30; the Spanish IBEX 35 index closed up 83.26 points, or 0.43%, at 19470.66 on Tuesday, June 30; and the Italian FTSE MIB index closed up 537.30 points, or 1.05%, at 51700.50 on Tuesday, June 30.June 30 – According to the Wall Street Journal, informed officials revealed that an internal power struggle in Iran is threatening the US-Iran peace talks: civilian leaders are seeking to unfreeze billions of dollars in assets, while hardline military officials are vying for control of the Strait of Hormuz. The civilian leadership, led by Iranian President Peshichizian, aims to unfreeze billions of dollars to alleviate the plight of millions of Iranians. However, other forces, including the now dominant Revolutionary Guard, have different plans. The Revolutionary Guard intends to maintain complete control of this crucial strait at all costs and plans to establish a lucrative toll system to both bolster the armed forces finances and dominate the security landscape of the entire region. The Revolutionary Guard has informed mediators that if they cannot obtain assurances in the Doha negotiations regarding Irans sole control of the Strait of Hormuz, they will close the waterway again. Furthermore, the organization has demanded that the United States and other countries abandon plans to allow ships to pass through the southern waters of the strait (closer to the Omani side).The U.S. Energy Information Administration (EIA) revised its March U.S. crude oil production estimate upward by 22,000 barrels per day to 13.718 million barrels per day. U.S. April crude oil production increased by 216,000 barrels per day from March, reaching 13.934 million barrels per day.The percentage of US Treasury bonds auctioned for the six weeks ending June 30 was 54.61%, compared to 92.35% previously.The US Treasury auction for the six weeks ending June 30th yielded a winning bid of 3.655%, compared to 3.62% previously.

Nestle to Boost Food Prices Further in 2023, CEO Says

Aria Thomas

Feb 06, 2023 10:39

微信截图_20230206103326.png


Mark Schneider, chief executive officer of Nestle, told a German publication that Nestle will have to increase the prices of its food items further this year to compensate for greater manufacturing costs that have not yet been passed on to customers.


The rises will not be as substantial as they were in 2022, but "we have some catching up to do throughout the full year," Schneider was quoted as telling Frankfurter Allgemeine Zeitung in an interview set for publication on Sunday.


In the first nine months of 2022, the largest food group in the world, which produces KitKat chocolate bars and Nescafe, reported organic sales growth of 8.5%, of which price increases accounted for 7.5% of the increase.


In many industrialized nations, inflation has reached multi-decade highs, driven in large part by rising food and energy costs.

Suggestion