Wells Fargo Bank branch is seen in New York

Asian shares outperform global peers in December, but yearly gains lag

(Reuters) – Asian shares gained for the fourth successive month in December as appetite for regional shares improved after the U.S. and China agreed on a preliminary deal to end their 17-month long trade war. The MSCI’s broadest index of Asia-Pacific shares gained 4.2% in December, compared with the month’s gains of about 3.4% for […]

Nestle teams up with Canadian plant-based ingredient makers

By Rod Nickel and Silke Koltrowitz WINNIPEG, Manitoba/ZURICH (Reuters) – Food company Nestle SA <NESN.S> said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon <BU.TO> and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops. Meat substitutes from plants in burgers, nuggets and many […]

Equities stall on widening U.S.-China rift; dollar slides

LONDON/HONG KONG (Reuters) – European shares slipped on Tuesday as simmering political tensions between the United States and China escalated, while concerns over a deadlock on further U.S. fiscal stimulus drove the dollar towards a two-year low against its rivals. A weaker opening for the region’s blue-chip euro STOXX 50 weighed on Asian stocks with […]