SAO PAULO, March 13- France's Carrefour SA could raise as much as 5 billion reais from the sale of a stake in its Brazilian unit, one source with direct knowledge of the situation said, with potential bidders including Brazilian tycoon Abilio Diniz and a sovereign wealth fund.» Read More
A UN report showed food prices jumped last month by the most in 1.5 years. CNBC's Sara Eisen discusses what's behind the rise in food costs.
CNBC's Sara Eisen discusses if soaring commodity prices means food costs will jump at the grocery store. The FMHR traders weigh in.
HONG KONG, March 11- Hong Kong shares lingered at a one-month low on Tuesday, in spite of Chinese snack maker Want Want jumping 4.6 percent after posting at midday full-year 2013 net profit that was broadly in line with expectations. The Hang Seng Index finished flat at 22,269.6 after having closed on Monday at its lowest since Feb. 13.
OTTAWA, March 11- Canada and South Korea announced on Tuesday they had wrapped up talks on a long-delayed free trade deal which had stalled for years amid squabbles over exports of autos and beef. Canada's Trade Ministry says exports to South Korea in 2012 were worth C $3.7 billion while imports from South Korea hit C $6.4 billion.
Why McDonald's is facing pressure from its competitors, with Peter Saleh, Telsey Advisory Group.
DUBLIN, March 10- U.S. fruit firm Chiquita Brands and Irish rival Fyffes, Europe's largest distributor, have struck an all-stock deal to create the world's biggest banana supplier.
NEW YORK, March 10- U.S. stocks edged modestly lower on Monday, and the S&P 500 held near record highs, as investors largely shrugged off unexpectedly weak data in China. "I don't think it's disruptive to the way people are looking at China as an economy that has lost some of its hyperbolic move and that is almost welcome."
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales for February, hurt again by slow business in the United States. McDonald's Chief Financial Officer Pete Bensen said in a press release that the unchanged global comparable sales so far this year "will pressure margins" in the first quarter.
NEW YORK, March 10- U.S. stocks were set to open slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, hurt by competition and bad weather that battered U.S. sales. In Europe, which has edged out the United States as the company's biggest revenue market, restaurant sales last month rose 0.6 percent.
LONDON/ FRANKFURT, March 10- French food ingredient maker Diana Group has attracted bids worth more than 1.2 billion euros including debt from Germany's Symrise and Japan's Ajinomoto, sources familiar with the matter said on Monday.
DUBLIN, March 10- U.S. fruit firm Chiquita Brands and Irish rival Fyffes, Europe's largest distributor, have struck an all-stock merger deal to create the world's biggest banana supplier. The global banana market is controlled by four multinationals, according to the United Nations: Chiquita, Fresh Del Monte, Hawaii-founded Dole Food Company and Fyffes.
DUBLIN, March 10- U.S. fruit distributor Chiquita Brands International Inc is to buy Irish rival Fyffes Plc in an all-stock deal valued at $526 million to create the world's biggest banana supplier.
FRANKFURT, March 10- Diana Group, a French food ingredient maker owned by private equity firm Ardian, has attracted bids worth more than 1.2 billion euros including debt from Germany's Symrise and Japanese seasoning maker Ajinomoto, the Financial Times reported on Monday. Symrise and Ajinomoto declined to comment on the report.
CHICAGO, March 7- Hog futures at the Chicago Mercantile Exchange surged 6.5 percent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders and industry sources said on Friday.
Which food stocks are attractive as food prices rise? John Baumgartner of Wells Fargo Securities has 2 picks.
Nicholas Colas, ConvergEX Group chief market strategist, predicts food inflation is here to stay for "at least the next 2-3 years."
JEFFERSON CITY, Mo.-- Five other states on Thursday joined Missouri's effort to strike down a California law barring the sale of eggs produced by hens kept it cages that don't meet size and space requirements.
CNBC's Jane Wells met the man who invented the "Perfect Bacon Bowl." Creator Thom Jensen tells Jane when he expects to profit from the product.
The revised industry guidelines for handling pigs in Canada include more than 100 animal-care rules, including the phase-out by 2024 of stalls that continuously restrict sow movement, hog groups and the Canadian Federation of Humane Societies said on Thursday.