Supply chain intelligence: Critical traceability

In this Supply Chain Intelligence conversation, Matthew Ekroth, Head of EMEA Corporate Data Strategy at Bloomberg, speaks with Bernd Schäfer, CEO and Managing Director of EIT RawMaterials, a key actor in the space whose overarching mandate is to support securing the supply of critical raw materials to the European industry by driving innovation along the […]
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Nestle Indias Q2 Profit Slides on Weak Demand, Higher Costs

BENGALURU, Oct 17 Reuters Nestle India reported a nearly 9 decline in quarterly profit on Thursday, hurt by higher ingredient prices and weaker demand for its packaged food. The Indian arm of Swiss food major Nestle reported profit before exceptional items and tax of 10.21 billion rupees 121.51 million for the second quarter ended Sept. 30. Consumer […]
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BoC to Cut Rates by 50 bps on Oct. 23; Next Move Unclear

BENGALURU, Oct 17 Reuters The Bank of Canada will cut its overnight rate by 50 basis points on Oct. 23 as price pressures ease, according to twothirds of economists polled by Reuters who however failed to reach a consensus on where rates would be two months from now. Headline inflation declined more than expected to 1.6 last […]
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Polands Zabka Climbs as much as 9 in Warsaw IPO

GDANSK, Oct 17 Reuters Shares in Polish convenience store group Zabka rose as much as 9 following their stock market debut in Warsaw on Thursday. The company priced its initial public offering at 21.50 zlotys per share, valuing the offer at 6.45 billion zlotys 1.62 billion. By 0902 GMT its shares were up 3.3 at 22.10 […]
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Sterling Drifts near TwoMonth Lows Versus Dollar

Oct 17 Reuters The pound drifted near twomonth lows against the U.S. dollar on Thursday, after sliding a day earlier when a tame inflation report boosted Bank of England rate cut bets. Sterling was last down 0.1 at 1.29815 after breaching the key 1.30 mark on Wednesday when data showed British inflation dropped to the lowest since […]
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