Non-Cyclical Consumer Goods


UPDATE 3-Monsanto slashing 2,600 jobs, buying back shares as sales fall

(Adds product expansion plans) By Carey Gillam Oct 7 - Monsanto Co, one of the world's largest seed and agrichemical companies, said on Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market that it expects to squeeze results well into 2016. Monsanto, which also reported a much wider quarterly loss, said that along with the layoffs, its global restructuring would include "streamlining and reprioritizing" some co

8:40pm IST

UPDATE 4-Tesco says recovery plan working after profit collapse

* Firm to retain Dunnhumby, says no more disposals (Adds CEO, analyst comment, updates shares)

8:08pm IST

UPDATE 1-Cargill 1st-qtr profit jumps 20 pct despite commodities slump

CHICAGO, Oct 7 - Global commodities trader Cargill Inc effectively navigated tumbling commodities markets and volatile currencies to turn in a 20-percent gain in first-quarter profit, the privately held company said on Wednesday.

7:58pm IST

COLUMN-Copper's outlook may be rosier than you thought: Andy Home

LONDON, Oct 7 - German copper producer Aurubis has just rung the bell on the start of the "mating season", the annual negotiation of term contracts for shipments in the following year.

7:42pm IST

RPT-UPDATE 4-SABMiller rejects AB InBev's $104 bln takeover approach

BRUSSELS, Oct 7 - SABMiller, the world's second largest brewer, has promptly rejected an improved offer from bigger rival Anheuser-Busch InBev, saying on Wednesday that its 68 billion-pound ($104 billion) valuation was insufficient.

7:21pm IST
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BSE-CG +0.08%


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Exclusive - Modi pushes "obsolete" made-in-India plane on reluctant military

NEW DELHI - India's government has turned down the military's request to expand the acquisition of 36 fighter planes from Dassault Aviation SA to plug vital gaps, officials said, nudging it to accept an indigenous combat plane 32 years in the making.