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Nestle still bullish on plant protein despite dip in demand

Bloomberg A recent fizzle in the hype surrounding plant protein consumption will give way to a more sustainable growth trajectory that could see the segment account for 30% or 40% of the global protein market, according to a top Nestle SA executive. Many investors piled into the faux meat market based on overly optimistic expectations of consumer uptake, Chief Technology ...

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Amazon plans to cut 10,000 jobs

  Bloomberg Amazon.com Inc. plans to cut about 10,000 jobs, the largest ever headcount reduction at the e-commerce giant as it braces for slower growth and a possible recession. The layoffs, which could begin as soon as this week, will likely target Amazon’s devices group, responsible for the Echo smart speakers and Alexa digital assistant, as well as Amazon’s retail ...

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Ukraine hit by missile strikes as Zelenskiy makes demands

Bloomberg A barrage of missile attacks targeted Kyiv and other locations across Ukraine, hitting civilians and critical infrastructure in what authorities called the broadest such assault since Russia invaded the country in February. At least one person was killed as residential buildings were struck in Kyiv, with strikes cutting the power supply to roughly half of the capital’s residents, Mayor ...

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