Global food prices rise after Russia ends grain deal and India restricts rice exports FAO Food Price Index increased 1.3% in July over June, driven by higher costs for rice and vegetable oil Unemployment rate ticks up to 5.5% in July as job creation lags population growth July marks the third consecutive month that the unemployment rate has risen, signalling some loosening in the labour market Maple Leaf Foods reports $53.7M net loss in Q2 as company faces inflationary pressure Sales in the quarter totalled $1.26 billion, up from $1.19 billion a year prior Partake Brewing promotes Evan Cohen to president and chief commercial officer Non-alcoholic craft beer company also ups Sara Ross to VP of marketing George Weston reports $498 million profit in Q2, lower than year before The company says the decrease was primarily driven by unfavourable liabilities linked to Choice Properties Metro stores in Greater Toronto Area close as workers go on strike Metro says it remains committed to the bargaining process Shell agrees to divest some western assets to get Comp Bureau approval on Empire deal Shell struck a deal in December to buy all of Sobeys' western Canadian gas stations Economy grew in May despite wildfire effects, looks to have slowed in June: StatCan That modest growth is unlikely to hold, as the federal agency's preliminary estimate for June suggests the economy contracted by 0.2% Kraft Heinz rounds out North America executive team with key appointments Company ups Simon Laroche to SVP and president of Canada and the North America coffee business Loblaw Companies reports profit of $508 million in second quarter Food retail same-stores sales were up 6.1%, while drug retail same-store sales increased by 5.7% First Previous 73 74 75 76 77 Next Last
