Weight-loss pill set to drive food industry product overhauls
NEW YORK, Dec 25 (Reuters): Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing GLP-1 pills become available in January, analysts say.More Americans are expected to try the drugs as a pill rather than as a shot because...
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Russia delays LNG target of 100m tonnes per year as sanctions bite
MOSCOW, Dec 25 (Reuters): Russia has pushed back by "several years" a plan to reach an annual liquefied natural gas output target of 100 million tonnes, Deputy Prime Minister Alexander Novak told state TV on Thursday, citing the effect of Western sanctions on its energy industry.Russia's long-term plans to gain...
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Indian rice rates climb to one-month high
Prices of rice exported from India climbed to a one-month high this week as traders raised prices to adjust for the appreciation in rupee, while Thai and Vietnam rates edged lower on expectations of reduced demand and domestic currency fluctuations, reports Reuters.The Indian rupee hit a record low against the...
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Shanghai copper hovers below record high
Shanghai copper hovered below a record high on Thursday as Chinese demand picked up and the US dollar weakened. The most-active copper contract on the Shanghai Futures Exchange closed daytime trading up 1.0 per cent to 96,210 yuan ($13,732.51) a metric tonne, reports Reuters.Shanghai copper hit an all-time high of...
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