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Nestle starts year with strongest price increases in decade

Bloomberg Nestle SA reported a healthy gain in revenue as the world’s largest food company started the year with its strongest first-quarter pricing in more than a decade. Sales rose 7.6% on an organic basis in the first quarter, the company said. Analysts expected 5.1%. The figures exclude Russia, where Nestle has halted some activities. Food and beverage companies have ...

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Amazon targets Shopify with new ‘Buy With Prime’ service

  Bloomberg Amazon.com Inc said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc. The new “Buy With Prime” feature combines Amazon’s payments and fulfillment services and makes them available at checkout on other websites, letting shoppers use ...

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FAA sticks to tough stance on unruly flyers

  Bloomberg Violent and unruly airline passengers will continue to face steep fines and potential criminal charges even as rules mandating face coverings fade away. The US Federal Aviation Administration said its zero-tolerance policy against unruly passengers will be made permanent as it attempts to deter bad behaviour. The move came two days after most major US airlines eliminated policies ...

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