The Food and Drug Administration, which had previously announced its intention to issue draft guidance on labeling plant-based milks by the end of June, told us:The FDA intends to release a draft guidance expected to be entitled “Labeling Plant-Based Milk Alternatives and Voluntary Nutrient Statements: Draft Guidelines for Industry” in the near future. The draft … Read more
Click play to listen to this article Smooth sailing in Italy is about to end. A combination of factors – the ‘Super Mario’ brand of its prime minister, negative interest rates and the opportunity to spend nearly €200 billion in the EU refund money It means that the third-largest economy in the European Union was … Read more
font size Internet giant Prosus and its parent company Naspers reduced their stake in Tencent, and sold shares of JD.com. Jill Sabry / Bloomberg When a large shareholder starts selling, it’s usually a science. Internet conglomerate Positives And the parent company Naspers ‘Monday’s decision to reduce its stake in the Chinese Internet company Tencent Holdings … Read more
Are you looking for the cheapest stocks in the market right now? Two industries stand out: home builders and steelmakers. Baron Inspected for 10 stocks in Standard & Poor’s 500 Index, S&P Midcap 400, and S&P Smallcap 600 with lowest P/E ratios based on projected earnings for 2022, using consensus estimates from FactSet. Of the … Read more
Joachim Nagel is Chairman of the Deutsche Bundesbank. Flashy background, corduroy flares, long sideburns, disco and punk. The 1970s were a tumultuous “in your face” decade. And for many, this decade is still a magnet. Revivals come again and again, both in fashion and music. Economically, the 1970s were a difficult decade, plagued by two … Read more
Trader on the floor of the New York Stock Exchange, June 7, 2022. Source: NYSE The stock market is about to finish its work The worst first half in decades Next week, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum … Read more
A 1 Russian ruble coin and a Russian flag are displayed on the screen in this multiple exposure illustration taken in Krakow, Poland on March 8, 2022. Jacob Borzeki | Norfoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up nearly 1.3% from the previous day and the strongest level … Read more
Across the five GMV e-commerce platforms, Alibaba’s market share declined 6% in the first quarter versus the fourth, according to Bernstein’s analysis. Street | Afp | Getty Images Beijing – Ali Baba He was once the poster child for investing in modern China. Now the e-commerce market that fueled its growth is slowing down, while … Read more
ID pads CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a huge part of the social network operator’s business in the second half of the decade. “We hope to basically reach out to about a billion people in the metaverse doing hundreds of dollars of commerce, each of them … Read more
The people of the Central African Republic (CAR) are on a mission to be the first country in Africa to allow Bitcoin to be widely adopted. It is the second country in the world (after El Salvador) to officially adopt Bitcoin as a legal currency for use in normal commerce and to pay taxes. In … Read more
