LONDON (Reuters) -German-owned discount supermarket Lidl GB has followed rivals in raising hourly pay rates for the second time this year as competition heats up to attract and retain staff in a tight labour market amid a cost of living crisis. The retailer said on […]
BOUVINES, France (Reuters) – Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs. Across northern and western Europe, vegetable […]
Kantar sales analysis shows price rises are already affecting the way consumers buy groceries Supermarket sales have risen at their fastest rate since April 2021 as the sector continues its post-pandemic recovery, but price inflation is already having a significant impact on the market. According […]
Peruvian blueberry growers and exporters association projects exports to exceed 250,000 tonnes by the end of the 2022/23 season The current Peruvian blueberry season has started strong with industry body Proarandanos predicting export records to tumble again. The Peruvian blueberry growers and exporters association said more […]
EUR/USD is close to a breach of parity. Economists at MUFG Bank believe that this move could be more sustained than last month’s break under parity. A break below parity at this juncture could well be meaningful “A break below parity at this juncture could […]
The two fruit were named overall show champions at the annual event in Kent Areko cherries Zara strawberries and Areko cherries were the big winners at the National Cherry and Soft Fruit Show 2022. Zara, grown by AJ & CI Snell in Hereford, and Areko, grown […]
Food waste targets and higher imports are making it harder for British berry producers to sell their crop this season, with one industry figure predicting a wave of consolidation as inflationary pressures bite Volumes of British soft fruit look set to increase this season […]
The euro edged lower against the dollar on Monday, as investors weighed the potential size of an expected Federal Reserve interest rate rise later this week. As of 03:13 EST (0713 GMT), the EUR/USD was trading down 0.15% at $1.0194, falling back slightly from a recovery […]
Sterling continues to defy some of the more bearish forecasts. Economists at ING expect the GBP/USD pair to edge higher towards 1.24 amid some respite in equities. Equity rally could help sterling “Headlines could be grabbed this afternoon by news that Conservatives in the lower house have […]
SYDNEY (Reuters) – The dollar rose past the psychological level of 130 yen on Thursday for the first time since 2002, after the Bank of Japan (BOJ) doubled-down on its super-low yield policy, while the euro briefly fell below another symbolic mark of $1.05. There had been […]