Analysts warn it may take years for the rally to fade

Analysts warn it may take years for the rally to fade

A coffee cup with a printed message from Salvadoran President Nayib Bukele’s X account is pictured at Franco’s Pupusa restaurant in San Salvador on July 17, 2024. Marvin Recinos | Afp | Getty Images A record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it could take years … Read more

Nestle CEO replacement not such a bad thing for investors: Analyst

Nestle CEO replacement not such a bad thing for investors: Analyst

Bars of original KitKat chocolate, produced by Nestle SA. Jason Adlen | Bloomberg | Getty Images LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with company veteran Laurent Freixe is “not such a bad thing,” analyst Jon Cox said Friday. Cox, who is head of consumer equities at Kepler Cheuvreux, … Read more

Wegovy, Ozempic, Mounjaro weight loss drugs spawn new products

Wegovy, Ozempic, Mounjaro weight loss drugs spawn new products

Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity.  Nurphoto | Getty Images LONDON — The rapid rise of weight loss drugs like Wegovy is generating a host of new product lines as companies hope to land on the right side of the health care disruptor. Industries spanning food and beverage … Read more