Conagra Brands Inc raised its full-year profit forecast on Wednesday, as the Slim Jim beef jerky maker bets on price increases and resilient demand for its frozen foods, snacks and other packaged meals.
Johnson & Johnson has agreed to settle tens of thousands of lawsuits alleging that talc in its iconic Baby Powder and other products caused cancer. The amount dwarfs its original offer of $2 billion.
Colombia’s peso will likely stay weak on signs the central bank is turning to a wait-and-see approach on interest rates, combined with downside pressures from the currency’s mismatch against oil prices, a Reuters poll showed.
New York City pension leaders will press external fund managers, including private market fund managers, on Wednesday for details on their plans to cut greenhouse gas emissions, officials said.
UBS executives sought to assure investors on Wednesday that Switzerland’s largest bank can make its unexpected takeover of Swiss rival Credit Suisse work and pay off for its shareholders.
U.S. Trade Representative Katherine Tai on Wednesday will defend the Biden administration’s decision not to pursue traditional free trade deals and argue her approach of working to ease non-tariff barriers is better for workers and supply chain resilience.
Spanish power company Iberdrola will seek to expand in the United States and take advantage of its green subsidies after announcing the sale of gas assets worth $6 billion in Mexico, Chief Financial Officer Jose Sainz said on Wednesday.
