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Instacart bets on robots to shrink ranks of gig shoppers

Bloomberg Instacart Inc has an audacious plan to replace its army of gig shoppers with robots—part of a long-term strategy to cut costs and put its relationship with supermarket chains on a sustainable footing. The plan, detailed in documents reviewed by Bloomberg, involves building automated fulfillment centres around the US, where hundreds of robots would fetch boxes of cereal and ...

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Nestle eyes health strategy update

Bloomberg Nestle SA is working to update its nutrition and health strategy as the world’s largest food company faces criticism over unhealthy products. Nestle is assessing its food and beverage portfolio against external nutrition profiling systems, such as Health Star Rating and Nutri-Score, that help consumers make more informed choices, the maker of KitKat chocolate said in an emailed statement. ...

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US may regret using dollar as sanctions weapon: Putin

Bloomberg President Vladimir Putin said Russia doesn’t want to stop using the dollar as he accused the US of exploiting the currency’s dominance for sanctions and warned the policy may rebound on Washington. Russia has to adopt other payment methods because the US “uses its national currency for various kinds of sanctions,” Putin said in St Petersburg at a videoconference ...

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