Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
Soybean futures jump on hopes of lower trade barriers
Council says government should avoid scenarios that make sectors like agriculture collateral damage
Internal barriers are thwarting domestic opportunities especially in food production