Spain’s Deoleo says olive oil prices set to halve from record levels

Jure Susac, a Bosnian olive farmer from the western-Herzegovinian town of Ljubuski, delivers his pickings to an oil-mill in Capljina, during harvest season, on October 29, 2022. Elvis Barukcic | Afp | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says one of the most challenging moments in the industry’s history appears to…

CNBC’s Inside India newsletter: India’s growing wealth divide

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story A metro train moves past buildings and slums, in Mumbai, India, 18 June, 2023. …

Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Japan’s third-quarter real gross domestic product expanded 0.3% year on year, snapping two straight quarters of year-on-year decline, according to government data released Friday. The GDP reading marked a reversal from the revised 1.1% decline seen in the second quarter. The data comes against the…

Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1

Hyundai CEO Jaehoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC DETROIT – Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1. Munoz, an auto industry…

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