Global Food Prices Post Biggest Annual Drop Since 2015

Steep drop in raw prices could indicate relief for consumers Fall in wholesale prices take time to feed through to retail Global food prices posted the biggest annual drop since 2015, amid signs that lower wholesale food prices are starting to feed through to...

America’s Sugar Shortfall Leaves Candy-Makers Scrounging

A run-up in costs for a key ingredient squeezes the $48.8 billion confectionery sector just in time for the holidays. Bonbons and candy canes may dominate the American holiday aesthetic, but US confectionery companies are feeling anything but jolly as they head into...

Private Equity Sees an Oligopoly Ripe for Disruption

The arcane business of pension buyouts generates good returns for the insurance sector — but are they too good to last?  When private equity firms push into an industry, you know there are decent returns to be made. Just consider their enthusiasm for the arcane...

Essential AI Comes Out of Stealth With $57 Million in Funding

The startup was founded by two co-authors of a famous Google AI paper Essential AI, an artificial intelligence startup founded by two authors of a seminal research paper at Google is disclosing details for the first time Tuesday, saying it has raised $56.5 million in...

Birkenstock Finally Tops IPO Price While Other Entrants Struggle

Firms with recent listings seeing smaller gains than peers ‘Everything rally’ propels S&P 500 to jump 11% as VIX sinks A rally across equity markets lifted Birkenstock Holding Plc and other newly public firms, but Wall Street still isn’t welcoming initial public...