McDonald's Corp said it will stop reporting monthly same-store sales after June, becoming the latest major U.S. retailer to stop reporting the closely watched indicator to gauge overall spending trends and a company's financial health.
COPENHAGEN - A Danish radio station is defending a show during which the host killed a baby rabbit by hitting it with a bicycle pump, live on the air, saying it was intended to show the hypocrisy of animal lovers.
Hormel Foods Corp said it would buy natural and organic meat processor Applegate Farms LLC for about $775 million to cater to an increasing demand for food free of antibiotics, hormones and artificial additives.
CAIRO - The board of Egyptian biscuit maker Bisco Misr has approved a voluntary delisting from the Egyptian stock exchange as requested by controlling shareholder U.S. company Kellogg, the company said on Wednesday.
SAO PAULO - Brazil will likely experience a moderate El Nino by the end of the year, bringing steady rain to the country's main grain producing regions and sustained drought in the arid north, the national meteorological institute, Inmet, said.
ROME - The number of people in the world still going to bed hungry 15 years after the U.N. placed eradicating hunger and extreme poverty at the top of its Millennium Development Goals has dropped to 795 million, according to a report released on Wednesday.
LOS ANGELES - An overwhelming majority of U.S. residents think the drought that has hit agriculture in the West will lead to increased food prices, according to a Reuters/Ipsos poll released on Wednesday.
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