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Nestle to hike food prices further in 2023, CEO says By Reuters

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[ad_1] © Reuters. FILE PHOTO: A Nestle company logo is pictured on a bar of Milky Bar chocolate in Manchester, Britain April 25, 2017. REUTERS/Phil Noble (Reuters) – Nestle will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to … Read more

Bank of England hints rates near peak after 10th hike By Reuters

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[ad_1] © Reuters. FILE PHOTO: People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. REUTERS/Henry Nicholls By William Schomberg and David Milliken LONDON (Reuters) – The Bank of England signalled the tide was turning in its battle against high inflation after it raised interest … Read more