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☆ Guardiola praises Man City's resilience as Rodri sees red
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

MANCHESTER, England, Sept 23 (Reuters) - Manchester City showed great character to beat Nottingham Forest 2-0 in the Premier League on Saturday despite having to play half of the game with 10 men, manager Pep Guardiola said. "An exceptional game in the first half, exceptional game in the second for our resilience and our work," Guardiola said. "We played, I would say, 51, 52 minutes ten against 11, so it was not easy, but we were fantastic. To be fair to the guys, they really stuck to the task and things changed obviously with the red card," Cooper said. City stay top of the standings as the only side not to drop points so far this season, while Forest are 10th with seven points from their six games.

Persons: Pep Guardiola, Phil Foden, Erling Haaland, Guardiola, Steve Cooper, Rodri, Cooper, Philip O'Connor, Christian Radnedge Organizations: Manchester City, Nottingham Forest, Premier League, Thomson Locations: MANCHESTER, England, Forest

☆ Man City make it perfect six, Man Utd and Everton get morale-boosting wins
▼ + stars: | 2023-09-23 | by ( Martyn Herman | ) www.reuters.com time to read: +5 min

Manchester United also got a much-needed 1-0 win at Burnley to snap a run of three straight defeats in all competitions. Everton registered their first league victory of the season, producing an impressive display to triumph 3-1 at Brentford whose home struggles continued. A City win never looked in doubt once Kyle Walker set up Foden to thump in the opener after a 46-pass move and Haaland headed powerfully into the net from a cross by Matheus Nunes. "We played, I would say, 51, 52 minutes 10 against 11, so it was not easy, but we were fantastic," City manager Pep Guardiola said. Victory lifted Everton out of the relegation zone and up to 15th with four points, while Brentford, without a home win this season, are 12th on six.

Persons: Fernandes, Phil Foden, Erling Haaland, Morgan Gibbs, Kyle Walker, Matheus Nunes, Gibbs, White, Pep Guardiola, Guardiola, Bruno Fernandes's, Jonny Evans, It's, Ten Hag, James Tarkowski, Abdoulaye Doucoure, Mathias Jensen, Tarkowski, Dwight, Dominic Calvert, Lewin, Mark Flekken, Victory, Ricner Bellegarde, Tom Lockyer, Pedro Neto, Joao Gomes, Carlton Morris, Jose Sa, Luton's, I'm, Rob Edwards, Martyn Herman, Christian Radnedge, Ken Ferris Organizations: Forest, United, Burnley, Everton, Brentford, Manchester City, Premier League, Nottingham Forest, Manchester United, Luton Town, Wolverhampton Wanderers, Fulham, Selhurst, City, Tottenham Hotspur, Arsenal, West Ham United, Brentford's, Wolves, Luton, The Hatters, Thomson Locations: Manchester, White, Crystal, Liverpool, thump, Dwight McNeil's, Jean

☆ Man City beat Nottingham Forest 2-0 despite Rodri red card
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

MANCHESTER, England, Sept 23 (Reuters) - Manchester City maintained their perfect start to the Premier League season with a 2-0 home win over Nottingham Forest on Saturday, making it six wins out of six despite losing midfielder Rodri to a red card early in the second half. In all, referee Anthony Taylor doled out 11 yellow cards along with Rodri's red, with seven of the yellows coming in a bad-tempered second half as Forest tried to leverage their extra man, but to no avail. I think the first half was brilliant apart from the last 10 (minutes), I think they found us out a little," Foden said. "The second half was not what we expected because Rodri got a red card quite early... it wasn't ideal, but we showed a different side to us today to dig in, and I'm proud of the team." Reporting by Philip O'Connor; Editing by Andrew Cawthorne and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Rodri, Anthony Taylor doled, Phil Foden, Erling Haaland, Matheus Nunes, Morgan Gibbs, Jeremy Doku, Kalvin Phillips, Anthony Elanga, Callum Hudson, Pep Guardiola, Nathan Ake, Julian Alvarez, Nicolas Dominguez, Elanga, Ederson, Haaland, Foden, Philip O'Connor, Andrew Cawthorne Organizations: Manchester City, Premier League, Nottingham Forest, City, Forest, Thomson Locations: MANCHESTER, England, Manchester, Spanish

☆ Silva latest to join Man City's growing injury list
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Silva was forced off before halftime of City's 3-1 home win over the Serbian side in their Champions League group opener on Tuesday. Guardiola said Grealish (thigh injury) has trained and could play a few minutes while Kovacic (back) is still on the mend. "He always has good behaviour, when he's playing or not playing, being a world champion or not. Right now with the injuries, he's had minutes and he gives us a lot of good things. That's why he's playing, but he has to continue."

Persons: Bernardo Silva, Manchester City's, Pep Guardiola, Silva, Kevin De Bruyne, Mateo Kovacic, John Stones, Jack Grealish, Guardiola, We've, it's, Jack, Julian Alvarez, It's, he's, Rohith Nair, Toby Davis Organizations: Manchester, Champions League, Red Star Belgrade, Serbian, Nottingham Forest, Sheffield United, Thomson Locations: Spanish, Bengaluru

Sept 20 (Reuters) - Consumer goods firms like Nestle (NESN.S), Lindt (LISN.S) and Unilever (ULVR.L) may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. France is a crucial country for consumer goods companies, having long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenues, according to research firm IBISWorld. That means consumer groups will face pressure to rein back prices across the European Union. Because these supermarkets are in different countries and do not compete with one another, they often combine forces to negotiate with consumer goods makers. Consumer goods makers have for more than two years grappled with sky-rocketing input, supply chain and labour costs that they have either absorbed - taking a hit to margins - or passed on to retailers.

Persons: It's, Laurent Thoumine, Thoumine, Ferrero's, Pernod Ricard's Ricard, Systeme, Germany's, Switzerland's, Italy's, Philippe Michaud, Leclerc, Bruno Le Maire, Le Maire, Richard Saldanha, Lindt, Saldanha, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Consumer, Nestle, Unilever, Carrefour, PepsiCo, European, Reuters, European Union, Epic Partners, French Finance, Aviva Investors, Paris, Thomson Locations: Europe, France, Germany, Italy, Spain, Eurelec

GENEVA (AP) — Harry Kane and Jude Bellingham made $100 million moves in the offseason and proved their worth Wednesday in Champions League debuts for their new clubs. England captain Kane and his likely successor Bellingham scored key goals for Bayern Munich and Real Madrid, respectively, to show why they are adored already by their new home fans. PSV Eindhoven was thrashed 4-0 in a no-doubt win sparked by England winger Bukayo Saka’s goal in the 8th. Late goals got Italian teams off to good starts in the last-ever group stage before the new Champions League format takes effect next year. OLD MASTERSReal Madrid was playing its 477th game in the European Cup or Champions League.

Persons: — Harry Kane, Jude Bellingham, Kane, Bellingham, ” Kane, Bayern “, ” Bellingham, Union Berlin, Bukayo Saka’s, Napoli, Sikou Niakaté, Lautaro Martínez, Union, Madrid’s, Jude Bellingham pirouetted, ”, Diego Armando Maradona, UNITED’S, Erik ten Hag, André Onana, Leroy Sané’s, Serge Gnabry, Bruno Fernandes, Rasmus Højlund, Casemiro, António Silva, Silva, Karim Konaté, Roko Šimić, Oscar Gloukh, Jonathan David, KÍ Klaksvík, ___ Organizations: GENEVA, League, England, Bayern Munich, Manchester United, Tottenham, CBS Sports, Bayern, Union, Borussia Dortmund, Arsenal, Champions League, PSV Eindhoven, Serie, Braga, Inter, Real Sociedad, Galatasaray, Copenhagen, Europa League, Sevilla, Lens, Real Madrid, Union Berlin, Servette, SC Motor Berlin, Napoli, Atalanta, Benfica, Salzburg, EUROPA CONFERENCE LEAGUE, Europa Conference League, Lille, Slovenian, Olimpija Ljubljana, Slovan Bratislava, Conference League Locations: Real Madrid, England, Madrid, Spanish, Mali, Argentina, Istanbul —, Geneva —, East Germany, ” Madrid, United, Denmark, French, Portuguese, Croatian, Israel, Canada, Faeroe

☆ Amazon plays catch-up with Alexa generative AI, shows off new, refreshed hardware
▼ + stars: | 2023-09-20 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +2 min

It will also be able to compose and recite poems, Amazon showed at the company's annual product launch in Arlington, Virginia. At the event, Amazon also introduced refreshed versions of children's Fire tablets, a soundbar for televisions and new search capabilities on the FireTV service to find free content. Among the new devices Amazon announced is the $180 Echo Hub wall-mounted touchscreen for controlling gadgets throughout the home. Amazon also showed off a new feature for its Alexa app that can map out internet-connected devices throughout a user's home for easier control. Additional announcements included updates to the Echo Frames eyeglasses, with Alexa embedded, and refreshed versions of its Blink outdoor security cameras and Eero Wi-Fi extenders.

Persons: Bard, Alexa, longform, Dave Limp, Limp, Eero, Greg Bensinger, Richard Chang Organizations: Amazon.com Inc, Wednesday, Amazon, Reuters, Alexa, Thomson Locations: Arlington , Virginia, Seattle

☆ Instacart stock subdued as debut enthusiasm loses steam
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Cheney Orr/File Photo Acquire Licensing RightsSept 20 (Reuters) - Grocery delivery app Instacart's stock (CART.O) fell nearly 5% in premarket trading on Wednesday, on course to join other new stock market entrants in failing to keep up with their strong gains on debut. Shares of San Francisco-based Instacart ended 12% higher in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%. The company's initial public offering on Monday had given it a valuation of nearly $9.9 billion. In August, it announced interest from PepsiCo (PEP.O), which has agreed to buy $175 million in preferred convertible stock. Reporting by Savyata Mishra and Niket Nishant in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Eric Cohn, Cheney Orr, Instacart, Alex Frederick, Frederick, Instacart's, Andrew Lipsman, Savyata Mishra, Niket, Devika Organizations: Safeway, REUTERS, Investors, San, Nasdaq, Walmart, Amazon, PitchBook, PepsiCo, Insider Intelligence, Thomson Locations: Tucson , Arizona, U.S, San Francisco, Bengaluru

Sept 18 (Reuters) - Maplebear Inc , the parent of grocery delivery app Instacart, disclosed on Monday it fetched a $9.9 billion fully diluted valuation after pricing its initial public offering (IPO) at the top of its indicated range. The IPO was priced at $30 per share after the company marketed it with a range of $28 to $30 per share. The IPO raised $660 million based on 22 million shares sold. Arm's fully diluted valuation has risen to $62 billion following three days of its shares trading. These investors include Norges Bank Investment Management, a division of Norges Bank, and entities affiliated with venture capital firms TCV, Sequoia Capital, D1 Capital Partners and Valiant Capital Management.

Persons: Instacart, Echo Wang, Rosalba O'Brien, Jamie Freed Organizations: Inc, Nasdaq, U.S, Klaviyo Inc, Norges Bank Investment Management, Norges Bank, Sequoia Capital, D1 Capital Partners, Valiant Capital Management, Sequoia, D1, PepsiCo, CVS, Thomson Locations: TCV, Sequoia, New York

☆ Man United lose again, Guardiola back to see City comeback win
▼ + stars: | 2023-09-16 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

Fightbacks were the order of the day as Liverpool recovered from falling behind to win 3-1 at Wolverhampton Wanderers in the early kickoff and two goals deep into stoppage time earned Tottenham Hotspur a 2-1 win over Sheffield United. After another tumultuous week off the pitch for Manchester United, the club needed the players to lift their supporters. United fell behind in the 20th minute when Danny Welbeck slotted home against his former club when left unmarked in the penalty area. "Definitely that (losing three from five for the first time in Premier League history) is something that bothers me, but also I have to seen the way we play," coach Erik ten Hag said. Tottenham were heading for their first Premier League defeat under Ange Postecoglou as they trailed to Gustavo Hamer's goal against the run of play in the 75th minute.

Persons: Hove Albion's Pascal Gross, Danny Welbeck, Adam Lallana REUTERS, Molly Darlington, Pep Guardiola, Fightbacks, Rasmus Hojlund, Marcus Rashford, Pascal Gross, Joao Pedro, Hannibal Mejbri, Erik ten Hag, Guardiola, Jeremy Doku, Bernardo Silva, Erling Haaland, James Ward, Hwang Hee, Mohamed Salah, Cody Gakpo, Andy Robertson, Salah, jubilation, Ange Postecoglou, Gustavo Hamer's, Richarlison, Dejan Kulusevski, Peter Hall, Ed Osmond Organizations: Soccer Football, Premier League, Manchester United, Brighton & Hove Albion, Hove Albion's Pascal, Rights, Manchester City side's, West Ham United, Liverpool, Wolverhampton Wanderers, Tottenham Hotspur, Sheffield United, Brighton, United, CITY, London, New, BBC, Wolves, Molineux, 200th Premier League, Tottenham Hotspur Stadium, Tottenham, Aston Villa, Crystal, Fulham, Luton Town, Newcastle United, Brentford, Thomson Locations: Old Trafford, Manchester, Britain, Brighton, Rights MANCHESTER, England, Danish, Liverpool, Brighton . City

☆ Instacart raises IPO price range after robust Arm debut
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

The price hike signals robust investor demand for San Francisco-based Instacart, which is looking to finally list its shares this month after years of waiting in the wings. Investors will be pinning hopes on robust debuts from Instacart, Klaviyo and Neumora to carry the momentum in the IPO market after Arm's strong showing on Thursday. Instacart said it is now seeking to sell 22 million shares at $28 to $30 each. At the top end of the range, the IPO will fetch $660 million compared with the earlier target of $616 million. The company's raised valuation target, however, would still be just one-fourth of the $39 billion it was worth after its last funding round more than two years ago.

Persons: Dado Ruvic, Group's, Instacart, Goldman Sachs, J.P, Morgan, Niket, Krishna Chandra Organizations: REUTERS, Arm Holdings, San, Neumora Therapeutics, Instacart, Cornerstone, PepsiCo, Instacart's, Thomson Locations: San Francisco, Bengaluru

Prime Minister Justin Trudeau said on Thursday he had invited the heads of Canada's five largest grocery chains, including Sobeys (EMPa.TO), Metro (MRU.TO) and Loblaw (L.TO), to Ottawa next week to discuss how they planned to control sky-rocketing food prices. Trudeau's move comes when governments across the globe, especially in Europe, have expressed concern over soaring food prices as they seek to address a cost-of-living crisis that has intensified after the pandemic subsided and since the Russia-Ukraine war began. However, after a similar move from the French government in June, analysts were skeptical about Trudeau's warning. They argued it was a "political" tactic and might be ineffective in lowering lingering food inflation. "Both PM Justin Trudeau and François-Philippe Champagne (Canada's industry minister) spoke tough about this topic and it is difficult to envision what teeth they have to hold grocers accountable," said Ben Jang, portfolio manager at Nikola Wealth.

Persons: Justin Trudeau, Trudeau's, François, Philippe Champagne, Ben Jang, Michael Ashley Schulman, Allan Small, Granth Vanaik, Pooja Desai Organizations: Metro, Loblaw, Nikola Wealth, Running, Capital Advisors, iA, Wealth, Carrefour, Lipton, Nestle, PepsiCo, Unilever, Thomson Locations: Ottawa, Europe, Russia, Ukraine, Bengaluru

☆ Guardiola returns, but City's Grealish, Stones, Kovacic to miss West Ham clash
▼ + stars: | 2023-09-15 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

MANCHESTER, England, Sept 15 (Reuters) - Manchester City will be without injured Jack Grealish, John Stones and Mateo Kovacic for their Premier League clash against West Ham United on Saturday, and manager Pep Guardiola was unsure about their return for the start of the Champions League. "We'll see step by step," Guardiola told reporters on Friday. Walker was left out of City's squad for the Champions League final after he started both legs of the semi-final. "I was sad that he didn't get to play in the Champions League final, but look how good his response has been since then," Guardiola said. While City are the only team in the top flight with a 100% record so far, Guardiola insisted the season really only starts now.

Persons: Jack Grealish, John Stones, Mateo Kovacic, Pep Guardiola, Guardiola, Jack, John, Kyle Walker, Walker, Lori Ewing, Christian Radnedge Organizations: Premier League, West Ham United, Champions League . City, European, Red Star Belgrade, Bayern Munich, Champions League, Carabao, Thomson Locations: MANCHESTER, England, Manchester, Ham

☆ Carrefour uses 'shrinkflation' stickers to pressure PepsiCo, Nestlé and Unilever
▼ + stars: | 2023-09-15 | by ( ) edition.cnn.com time to read: +3 min

French supermarket chain Carrefour has slapped price warnings on products ranging from Lindt chocolates to Lipton Ice Tea to pressure suppliers such as Nestlé, PepsiCo and Unilever to cut their prices. Carrefour is putting stickers on products that have shrunk in size but cost more even though raw materials prices have eased. After a new round of meetings last month, Le Maire said Unilever (UL), Nestlé and PepsiCo (PEP) were among companies not toeing the line on prices. Consumer groups say “shrinkflation” is a widespread practice, which supermarkets like Carrefour are also guilty of in their private label products. The shrinkflation warnings are in all French Carrefour stores, and will last until the targeted suppliers agree to price cuts, Bompais said.

Persons: Stefen Bompais, Alexandre Bompard, Bruno Le Maire, Le Maire, Nestlé, “, Bompais, — Organizations: Carrefour, Lipton, PepsiCo, Unilever, UL, Nestlé, Reuters Locations: France, Swiss, Carrefour

☆ Newcastle in need of lift after faltering Premier League start
▼ + stars: | 2023-09-14 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

LONDON, Sept 14 (Reuters) - The euphoria that greeted the start of Newcastle United's season has been replaced by a sense of deflation after three successive Premier League losses has left them 14th in the table. "It's never been lost on me how difficult the Premier League is," Howe said after the Brighton defeat. MASTER GUARDIOLAWhile juggling the demands of the Premier League and the Champions League will be new for Howe, Manchester City manager Pep Guardiola has mastered the art. These are heady days for fourth-placed West Ham with a Europa League campaign starting next week, but they have not enjoyed a Premier League win at home to City since 2014. West Ham are one of four teams on 10 points.

Persons: Eddie Howe's, Sandro Tonali, Howe, It's, GUARDIOLA, Pep Guardiola, Ange Postecoglou, Mauricio Pochettino, Martyn Herman, Ken Ferris Organizations: Newcastle, Premier League, Champions League, Aston Villa, Manchester City, Brighton & Hove Albion, AC Milan, Brentford, Brighton, Red Star, West Ham United, Leaders City, Europa League, Tottenham Hotspur, Sheffield United, Liverpool, Wolverhampton Wanderers, Fifth, Arsenal, Everton, Sunday, Manchester United's, Spurs, Chelsea, Bournemouth, Thomson Locations: Liverpool, Milan, Newcastle, Howe, Manchester, Red Star Belgrade, West Ham, City, Sunday's

☆ Messi, Mbappe and Haaland among FIFA Best award nominees, Bonmati on women's list
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, Sept 14 (Reuters) - Lionel Messi, Kylian Mbappe and Erling Haaland are on the short-list for The Best FIFA Men's Player Award, while Spain's Aitana Bonmati is among the nominees for the Best Women's Player on the back of winning the Golden Ball at the World Cup. Half of the dozen nominees in the men's category were part of Manchester City's 2022-23 treble-winning squad, while City's Spanish manager Pep Guardiola is nominated for Best Men's Coach. Spain's World Cup win sees four of their players among the 16 nominees for the women's award. World Cup runners-up England have four players on the list, with Sarina Wiegman up for the women's coaching award, while Australia have three players. World Cup winners Messi of Argentina and Spain's Alexia Putellas are the current holders of the top player awards.

Persons: Lionel Messi, Kylian Mbappe, Erling Haaland, Spain's, Pep Guardiola, Sarina, Spain's Alexia Putellas, Mia Hamm, Didier Drogba, Lori Ewing, Ken Ferris Organizations: FIFA, Messi, Argentina, FIFA.com, National, Thomson Locations: BUDAPEST, Manchester, Spanish, Australia

☆ Walker sign two-year deal extension with Manchester City
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

Sept 14 (Reuters) - Defender Kyle Walker has signed a two-year extension with Manchester City, the Premier League club said on Thursday. The England international joined City in 2017, having a total of 260 appearances, while winning five Premier League titles, two FA Cups and the Champions League. My future is at Manchester City and that's the best thing for me," said Walker in a statement. "The season we won the treble is one I will never forget and we are ready to try again and win more trophies. Reporting by Angelica Medina in Mexico City, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Kyle Walker, Pep Guardiola, John Stones, Walker, Angelica Medina, Pritha Sarkar Organizations: Manchester City, Premier League, Bayern Munich, England, City, League, Champions League, Thomson Locations: Mexico City

☆ 'Speak to Pep', Southgate says City also use Foden out wide
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

Foden has said he feels his game is more suited to the central number 10 role but Southgate has been reluctant to use the 23-year-old there. "You'd have to speak to Pep, who is the best coach in the world, who plays him from wide. He's always got the freedom to drift if we play him wide and that's important." England were held to a 1-1 draw by Ukraine on Saturday, their first dropped points of the Euro 2024 qualifying campaign. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Phil Foden, Ukraine's, Matthew Childs, Gareth Southgate, Pep Guardiola, Foden, Southgate, Pep, Pearl Josephine Nazare, Peter Rutherford Organizations: Soccer Football, Tarczynski, Manchester City, Ukraine, Thomson Locations: Ukraine, Wroclaw, Poland, England, Bengaluru

[1/2] Hostess Brands "Twinkies" are displayed in a store in the Manhattan borough of New York City, U.S. July 5, 2016. Smucker (SJM.N) said on Monday it will buy Twinkies-maker Hostess Brands (TWNK.O) in a $5.6 billion deal, as major U.S. packaged food companies look to expand their brand portfolios with pandemic-era fortunes dwindling. J. M. Smucker will pay Hostess shareholders $34.25 per share in a cash and stock deal, representing a premium of 54% since the day before the report surfaced. Hostess Brands became an acquisition target after it managed to boost its revenue through price hikes that fueled investor concerns over its prospects with its volume growth consistently declining. Smucker and Hostess deal follows a spree of other deals including that of Campbell Soup's (CPB.N) $2.7 billion deal for Rao's sauce maker Sovos Brands (SOVO.O) and Unilever (ULVR.L) buying premium frozen yogurt brand Yasso in North America.

Persons: Brendan McDermid, Smucker, Campbell Soup's, Hostess, Ding Dongs, Dimpal Gulwani, Ananya Mariam Rajesh, Anirban Sen, Savio D'Souza, Shinjini Organizations: REUTERS, Hostess Brands, Reuters, Hostess, Mills Inc, Mondelez, PepsiCo Inc, Hershey Co, Sovos, Unilever, Hos, Thomson Locations: Manhattan, New York City, U.S, North America, Lenexa , Kansas, Ho, Bengaluru, New York

☆ U.S. food companies go deal hunting as pandemic growth fades
▼ + stars: | 2023-09-08 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +3 min

Last month, Campbell Soup (CPB.N) struck a $2.7 billion deal for Rao's sauce maker Sovos Brands (SOVO.O). Reuters GraphicsReuters Graphics Reuters Graphics"Large food companies need to add more new concepts, new flavor profiles and new food items because their old brands - though still growing - are not growing at a meaningful rate," Milani said. Packaged food companies "are now faced with some difficult comparisons on organic (sales) and are seeking some strategic, category-specific M&A targets that will propel them through the next few years," Henry said. "Most of the large cap packaged food companies have ... diligently reduced their debt and improved their balance sheet (through the pandemic)...so they have the risk capacity and risk appetite to pursue large-scale acquisitions," CFRA Research analyst Arun Sundaram said. "These packaged food companies need to continue finding ways to stay relevant ... And so one of the easiest ways to do that is through M&A."

Persons: Brendan McDermid, Campbell, There's, Michael Milani, Baker Tilly, Milani, Kraft Heinz, Sarah Henry, Henry, Mills, Luca Zaramella, Hershey, J.P, Morgan, Arun Sundaram, Deborah Sophia, Arun Koyyur Organizations: Campbell Soup, New York Stock Exchange, REUTERS, Sovos, Unilever, Mars, Reuters Graphics Reuters, Reuters, Logan Capital Management, PepsiCo, Mondelez, Barclays, Hostess Brands, Thomson Locations: New York, U.S, North America, dealmaking, Bengaluru

Nine of the 12-man American team played Marco Simone for the first time. It’s a great test and it’s a really, really good match-play golf course. ... (We're) going to utilize his wisdom and he’s passionate about (the Ryder Cup). He’s just not here physically.”Woods was a player on eight Ryder Cup teams and a vice captain in 2018. While the U.S. routed Europe at home in Whistling Straits two years ago, the Americans haven’t won the Ryder Cup on European soil in three decades.

Persons: Zach Johnson, Marco Simone, Brooks Koepka, LIV, Brooks, —, ’, ” Johnson, Koepka, “ Jordan Spieth, Xander Schauffele, Patrick Cantlay, ”, Johnson, Steve Stricker, Davis Love III, Jim Furyk, Fred Couples, Stewart Cink, There'll, it’s, He’s, ” Woods, haven’t, “ What’s, It’s, “ We’ve, …, ” Justin Thomas, “ JT, Thomas, “ It’s, ___ Organizations: ROME, U.S, Ryder Cup, Team USA, Ryder, Valderrama Locations: Rome, Saudi, Europe, Spain, France, U.S, Whistling Straits, Peter’s, Italy

☆ I built my dream job creating drone videos for hotels and fancy Airbnbs in Mexico. 'Everyone wants drone footage.'
▼ + stars: | 2023-09-07 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

She now has her dream job in Puerto Escondido, Mexico, where she's become a go-to content creator. Her drone was a key investment and it got her a job shooting some of the top Airbnbs in Mexico. It's supposed to be some of the top Airbnbs in Mexico designed by really famous architects. AdvertisementAdvertisementI've connected with a big Instagram page that shoots all of the best Airbnbs all over Mexico. I follow real-estate pages, which are huge, because I have a drone and a lot of agents really like drone footage.

Persons: Samantha Weiss, she's, I'm, I've, Weiss, It's, it's, He's, he's, there's, we're Organizations: Service, Puerto Escondido Locations: Puerto Escondido, Mexico, Wall, Silicon, Airbnbs, Stamford , Connecticut, Southeast Asia, Thailand, Turkey, Albania, Puerto, Mexico City

[1/2] A view shows packets of snacks on the shelves inside a Haldiram's restaurant in Mumbai, India, September 6, 2023. Tata Consumer shares surged and closed nearly 4% higher in Mumbai trade after Reuters reported news of the talks. The potential acquisition represents an exciting opportunity for Tata, the person said, adding: "Tata (Consumer) is seen as a tea company. A spokesperson for Tata Consumer Products said it "does not comment on market speculation". The $10 billion valuation sought by Haldiram's for the deal translates to 6.6 times its annual revenue of $1.5 billion, sources said.

Persons: Sriram, Tata, Mukesh Ambani's, Tetley, Haldiram's, Krishan Kumar Chutani, Bain, Ankur Bisen, Manohar Lal Agrawal, Aditya Kalra, Chris Thomas, Edwina Gibbs, Alexandra Hudson Organizations: REUTERS, India Tata, Tata, Pepsi, Bain Capital, Tata Consumer Products, Starbucks, Tata Consumer, Reuters, Haldiram's, Euromonitor International, Tata Group, CNBC TV18, Bikaji Foods, Alexandra Hudson Our, Thomson Locations: Mumbai, India, MUMBAI, DELHI, Singapore, United States, Bikaji

☆ Novak Djokovic fights back from two sets down at US Open to win an epic match
▼ + stars: | 2023-09-02 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Novak Djokovic survived a scare in the third round of the US Open, fighting back to win a five-set match 4-6 4-6 6-1 6-1 6-3 against fellow Serb Laslo Djere. Victory ensured that Djokovic’s hopes of winning a 24th grand slam title remain alive, as he seeks to equal Margaret Court’s outright record and extend his own men’s record. “I hope you enjoyed the show, it was not so enjoyable for me especially in the first two sets,” Djokovic told the crowd, according to the ATP Tour. And then Djokovic displayed all the tenacity and skill that has propelled him to 23 grand slam titles. Laslo Djere pushed Djokovic to a five set match.

Persons: CNN — Novak Djokovic, Djokovic, Djokovic’s, Margaret Court’s, ” Djokovic, Laslo, ” Djere’s, Laslo Djere, Corey Sipkin, Djere’s, “, Borna Gojo Organizations: CNN, ATP, Getty, Reuters, Croatian Locations: AFP

☆ Djokovic fights back from two sets down to reach U.S. Open final 16
▼ + stars: | 2023-09-02 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

"I hope you enjoyed the show, it was not so enjoyable for me especially in the first two sets," Djokovic told the crowd. "I did a little pep talk in the mirror," said Djokovic about his bathroom break after the second set. With cracks in Djere's game starting to appear, Djokovic continued to dial up the pressure breaking again to open the fourth set pulling a mighty fist pump from the 36-year-old. Moving in for the kill Djokovic swept the next six games to take the fourth set and a 2-0 lead in the decisive fifth that he would never surrender. "Once I got the break in the third I thought 'OK, I have a shot, I have a chance," said Djokovic.

Persons: Serbia's Novak Djokovic, Serbia's Laslo Djere, Shannon Stapleton, Novak Djokovic, Djokovic, Arthur Ashe, Margaret Court's, Frenchman Alexandre Muller, Spaniard Bernabe Zapata Miralles, Djere, Steve Keating, Miral Organizations: Serbia's Laslo Djere REUTERS, Thomson Locations: Flushing Meadows , New York, United States, U.S, Flushing Meadows, Belgrade, New York

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