U.S. importers stockpile Parmigiano, Provolone as tariffs on EU cheeses loom

By Andrea Shalal and Aleksandra Michalska Parmesan cheese is seen packaged in the warehouse at Ambriola Co Inc, a unit of Gennaro Auricchio SpA, one of Italy’s largest cheese producers, in West Caldwell, New Jersey, U.S., October 4, 2019. REUTERS/Shannon Stapleton WASHINGTON/WEST CALDWELL, New Jersey (Reuters) – Ambriola Co Inc’s Continue Reading

Overdone? Short EU equities ‘most crowded’ trade for first time

LONDON (Reuters) – Fund managers have named bearish bets in European equities as the “most crowded” trade in Bank of America Merrill Lynch’s survey for the first time in its history, suggesting sentiment for one of the world’s most shunned markets may rise from here. FILE PHOTO: The German share Continue Reading