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Goldman Sachs names two prepared food stocks as top buys in the sector


Goldman Sachs names two prepared food stocks as top buys in the sector

Last week’s high volatility in the markets, the poor July jobs report and the prospect of interest rate cuts by the US Federal Reserve are fuelling renewed fears of an imminent recession. The recent decline in the Purchasing Managers’ Index (PMI) has not helped matters. And as the market recovers this week, investors are starting […]

China’s food industry faces uncertain 2023 as zero-Covid policy ends


China’s food industry faces uncertain 2023 as zero-Covid policy ends

China’s food industry faces an uncertain year in 2023 Until social unrest in November forced the Chinese Communist Party to lift its strict Covid-19 controls, the country’s packaged food industry seemed in good shape to deliver solid growth in 2023. Data from China’s National Bureau of Statistics shows that the total value of grain, oil […]