British meat producer Cranswick stands by its outlook for the current fiscal year and reported higher annual profit, as it continues to rein in costs stemming from inflation, labor shortages, and supply chain issues.
McDonald’s Corp is selling its restaurants in Russia to one of its current local licensees, who will rebrand them under a new name, ending more than three decades of the “Golden Arches” in the country.
Proxy advisory firm Glass Lewis on Tuesday recommended McDonald’s Corp investors vote for the company’s directors, dealing a setback to billionaire investor Carl Icahn’s efforts to replace two directors.
Proxy advisory firm Institutional Shareholders Services recommended McDonald’s Corp MCD.N shareholders vote for the company’s directors in a boardroom fight with billionaire investor Carl Icahn over animal rights.
Brazilian meatpacker JBS SA posted a first-quarter profit that beat expectations on the back of strength in its United States business, according to a financial statement on Wednesday.
Italy will launch a cull of wild boars around Rome after African swine fever was found in one of the thousands that live in the Italian capital and the surrounding countryside.
China’s soybean imports in April climbed from a month ago, helped by the arrival of cargoes delayed by poor weather and slow harvests in South America, customs data showed on Monday.
