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Quorn's Transition Plan Focuses on Natural Ingredients to Boost Profitability

Quorn's Transition Plan Focuses on Natural Ingredients to Boost Profitability

Quorn's Transition Plan Focuses on Natural Ingredients to Boost Profitability
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Retailers Signal Price Increases Due to Middle East Conflict and Supply Chain Disruptions

Retailers Signal Price Increases Due to Middle East Conflict and Supply Chain Disruptions

Retailers Signal Price Increases Due to Middle East Conflict and Supply Chain Disruptions
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UK builders hit by biggest surge in cost inflation in nearly four years

UK builders hit by biggest surge in cost inflation in nearly four years

LONDON, May 7 (Reuters) - British builders saw one of the biggest month-on-month jumps in cost inflation on record in April, according to a survey on Thursday that also showed the Iran war increased delivery delays and other supply chain difficulties.
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Morning Bid: No stopping AI frenzy in Asia

Morning Bid: No stopping AI frenzy in Asia

A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at record peaks, while oil prices hovered near $100 per barrel as markets held their breath for a deal to
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Trading Day: Markets draw breath

Trading Day: Markets draw breath

By Jamie McGeever ORLANDO, Florida, May 7 (Reuters) - U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed back earlier losses as doubts around a U.S.-Iran peace deal pushed Brent crude back above $100 a barrel
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JD Sports Warns Middle East Conflict Could Impact Profits and Increase Costs

JD Sports Warns Middle East Conflict Could Impact Profits and Increase Costs

JD Sports Warns Middle East Conflict Could Impact Profits and Increase Costs
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Morning Bid: Chip push, crude pull

Morning Bid: Chip push, crude pull

By Mike Dolan May 8 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
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Logitech bets on AI, gaming and business users as it raises spending, CEO says

Logitech bets on AI, gaming and business users as it raises spending, CEO says

By John Revill ZURICH, May 8 (Reuters) - Logitech International will increase spending on product development and marketing this year, CEO Hanneke Faber said, even as concerns grow of a possible global economic slowdown fuelled by the Iran war.
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British Airways Faces Flight Cancellations Amid Rising Jet Fuel Costs

British Airways Faces Flight Cancellations Amid Rising Jet Fuel Costs

British Airways Faces Flight Cancellations Amid Rising Jet Fuel Costs
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IEA and Canada Discuss Oil Market Turmoil Amid Iran Conflict

IEA and Canada Discuss Oil Market Turmoil Amid Iran Conflict

International Energy Agency (IEA) Executive Director Fatih Birol met with Canadian Prime Minister Mark Carney and other officials to address energy market turmoil linked to the Middle East conflict and disruptions in the Strait of Hormuz. The discussions in Ottawa focused on the impact of constrained oil and natural gas flows and Canada's potential to expand its role as a global energy exporter. The meetings also covered energy security, global supply reliability, and critical minerals supply chains.
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UK Long-Term Borrowing Costs Surge Amid Political and Economic Uncertainty

UK Long-Term Borrowing Costs Surge Amid Political and Economic Uncertainty

The UK's long-term borrowing costs have reached their highest level since 1998, driven by rising fuel prices and political uncertainty. The yield on 30-year UK government bonds hit 5.77%, surpassing previous highs. This increase is attributed to fears of higher inflation due to the ongoing conflict in Iran and uncertainty surrounding the future of the UK government. The situation poses a challenge to Labour's fiscal plans, as higher borrowing costs could erode the fiscal headroom created by recent tax increases.
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Flight Centre Faces $10 Million Loss Amid Middle East Conflict, Sees Customer Return

Flight Centre Faces $10 Million Loss Amid Middle East Conflict, Sees Customer Return

Flight Centre Faces $10 Million Loss Amid Middle East Conflict, Sees Customer Return