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Iceland Foods joins UK supermarket rivals in cutting prices

Iceland Foods on Tuesday became the latest supermarket group in Britain to announce food price cuts, in a further sign that a surge in food inflation over the last year could be abating.

Exclusive: JP Morgan says client shares in Russia s Magnit may be missing

J.P. Morgan has become the latest major bank struggling to find Russian stocks linked to some client investments, adding to fears for investors still hoping to recoup some value from stranded assets in the country.

Conagra forecasts dour profit as higher prices curb demand

Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street estimates, in a sign that the packaged food giant was starting to face some pushback to higher prices from inflation-weary customers.

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