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Uday Sampath Kumar


Stories by Uday Sampath Kumar

A sign with McDonald’s golden-arches logo is on display near one of the chain’s restaurants in Moscow on May 16, 2022. (Photo: Reuters/Evgenia Novozhenina)
Markets

Golden arches to go dark in Russia as McDonald’s exits after 30 years

Russia, Ukraine form nine per cent of chain's revenue

By Uday Sampath Kumar May 17, 2022
Reuters — McDonald’s Corp. on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for […] Read more

Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell on the Nasdaq market site in New York, May 2, 2019.   Photo: Reuters/Brendan McDermid/File

Beyond Meat shares crumble on stock offering surprise, demand for meatless burgers soars

By Tina Bellon, Uday Sampath Kumar July 29, 2019
Reuters – Beyond Meat Inc’s shares tumbled on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages prompted […] Read more


Greenhouse facilities under construction in Ontario for Peace Naturals, a Cronos Group subsidiary. (PeaceNaturals.com)
Crops

Altria to marry Canadian pot with big tobacco

By Harry Brumpton, Uday Sampath Kumar December 7, 2018
Reuters — Marlboro cigarette maker Altria Group announced a $2.4 billion investment in Cronos Group on Friday, which could give it up to 55 per cent ownership of the Canadian […] Read more

A worker pushes a cart of marijuana plants at the Canopy Growth facility at Smiths Falls, Ont. on Jan. 4. (File photo: Reuters/Chris Wattie)
Crops

Corona owner pours more funds into weed producer

By Uday Sampath Kumar August 17, 2018
Reuters — Corona beer maker Constellation Brands will invest a further $5 billion in Canada’s top cannabis producer Canopy Growth, doubling down on one of a growing number of bets […] Read more

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