Beyond Meat's stock pops on report that meatless companies are struggling to meet demand

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Beyond Meat's stock pops on report that meatless companies are struggling to meet demand

Shares of meat alternative company Beyond Meat rose more than 6% on Tuesday, after the Wall Street Journal reported that plant-based burger companies are struggling to meet surging demand. Due to limited production capacity, the two leading purveyors …
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Powell Signals Openness to Cut If Needed Over Trade Tensions

Federal Reserve Chairman Jerome Powell signaled an openness to cut interest rates if necessary, pledging to keep a close watch on fallout from a deepening set of disputes between the U.S. and its largest trading partners. Referring to “trade negotiations …
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Neil Woodford: star fund manager mixes arrogance and humility

Neil Woodford was once the UK’s biggest star fund manager, personally managing a £25bn mountain of money on behalf of pension funds and other investors at Invesco Perpetual. When Woodford, now 59, decided to quit Invesco and go it alone in 2013 it …
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Fed's Powell commits to 'act as appropriate' to defend US economy

CHICAGO (Reuters) – U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will “act as appropriate” in response to risks posed by a trade war, remarks that may open the door to the possibility of a rate cut. FILE PHOTO: Federal …
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Pernod confident on Asia, Jacob's Creek selling well in China

By Dominique Vidalon. PARIS (Reuters) – Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob’s Creek brand. Pernod, the world’s …
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