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November 30, 2021

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China brings e-cigarettes under tobacco monopoly law

Reuters
BEIJING, Nov 26 (Reuters) – China amended its tobacco monopoly law on Friday to include e-cigarettes, stepping up regulation of the fast-growing vaping industry in the world’s largest tobacco market. The cabinet order, published on the Chinese government’s website and signed off by Premier Li Keqiang, comes into effect immediately.......

Black Friday ‘early birds’ find U.S. stores less crowded, fewer bargains

Reuters
CHICAGO, Nov 26 (Reuters) – Bargain hunters ventured out in chilly weather to buy Christmas gifts on Black Friday, finding stores less crowded than in years past as major U.S. retailers opened their doors early. A shift online, COVID fears and less-steep discounts have thinned crowds on the day after......

Austria finds bird flu on small chicken farm as virus spreads

Reuters
Free-range chickens are seen in a field outside Munich, southern Germany, August 8, 2017. REUTERS/Michael Dalder/File Photo Register now for FREE unlimited access to reuters.com Register VIENNA, Nov 25 (Reuters) – Austria has found a case of bird flu on a small chicken farm near Vienna airport and is ordering......

European Parliament gives green light to huge farm subsidies deal

Reuters
STRASBOURG, France, Nov 23 (Reuters) – The European Parliament approved the biggest reform of farm subsidies in decades on Tuesday, in a vote that switches cash to smaller farms and rewards sustainable farming methods. The Common Agricultural Policy (CAP) has long been criticised for handing the bulk of the subsidies......

European Parliament gives green light to huge farm subsidies deal

Reuters
STRASBOURG, France, Nov 23 (Reuters) – The European Parliament approved the biggest reform of farm subsidies in decades on Tuesday, in a vote that switches cash to smaller farms and rewards sustainable farming methods. The Common Agricultural Policy (CAP) has long been criticised for handing the bulk of the subsidies......

European Parliament gives green light to huge farm subsidies deal

Reuters
STRASBOURG, France, Nov 23 (Reuters) – The European Parliament approved the biggest reform of farm subsidies in decades on Tuesday, in a vote that switches cash to smaller farms and rewards sustainable farming methods. The Common Agricultural Policy (CAP) has long been criticised for handing the bulk of the subsidies......

Kellogg plans to permanently replace some workers as strike enters eighth week

Reuters
Kellogg’s cereal is shown on display during a preview of a new Walmart Super Center prior to its opening in Compton, California, U.S., January 10, 2017. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to reuters.com Register Nov 23 (Reuters) – Kellogg Co (K.N) said on Tuesday it plans......

Caterer Compass rises on new business appetite

Reuters
Underlying operating profit up 55% to 811 mln pounds Underlying operating margin seen at above 6% in 2022 Analysts on average had expected margins of 6.5% Nov 23 (Reuters) – The chief of Compass Group (CPG.L) said on Tuesday new business, especially from clients outsourcing their kitchen needs for the......

Poland says Belarus border crisis may be prelude to “something worse”

Reuters
WARSAW/VILNIUS, Nov 21 (Reuters) – Polish Prime Minister Mateusz Morawiecki warned on Sunday that the migrant crisis on the Belarus border may be a prelude to “something much worse”, and Poland’s border guard said Belarusian forces were still ferrying migrants to the frontier. The European Union accuses Belarus of flying......

Malaysia’s Nov 1-20 palm oil exports rise 9% -AmSpec Agri

Reuters
Nov 20 (Reuters) – Exports of Malaysian palm oil products for Nov. 1 to 20 rose 9% to 1,066,899 tonnes from 978,917 tonnes shipped during the same period a month earlier, according to independent inspection company AmSpec Agri Malaysia on Saturday. Here is the breakdown of the AmSpec Agri Malaysia......

Colombia financial regulator approves purchase of stake in Nutresa

Reuters
BOGOTA, Nov 19 (Reuters) – Colombia’s financial regulator has given the green light for a majority takeover of food processor Nutresa, according to a source close to the operation and Colombia’s stock exchange. With the authorization of the financial regulator bidder Nugil SAS, which is controlled by Grupo Gilinski, will......

S.Africa’s Tiger Brands eyes deal to invest in nutrition business

Reuters
Boxes of Jungle Oats, one of South Africa’s Tiger Brands original products, are seen on a shelf at an outlet of retailer Woolworths in Sandton, South Africa, August 28, 2019. REUTERS/Siphiwe Sibeko Register now for FREE unlimited access to reuters.com Register Full-year headline earnings per share down 6% Warns on......

India’s Modi backs down on farm reforms in surprise victory for protesters

Reuters
Government concedes to farmers ahead of key state elections Modi says failed to win the argument with small farmers Laws to be repealed in upcoming parliament session Farmers to continue protest in Delhi until laws repealed GHAZIABAD, India, Nov 19 (Reuters) – Indian Prime Minister Narendra Modi said on Friday......

Telenor and CP Group discuss $7.5 bln Thailand telecom merger

Reuters
OSLO, Nov 19 (Reuters) – Norway’s Telenor (TEL.OL) and Thailand’s Charoen Pokphand Group (CP Group) are exploring a merger of their telecom units in Thailand, which could become the Norwegian firm’s second multi-billion dollar tie-up in Southeast Asia this year. A deal, if completed, would merge the telecom operations of......

UPDATE In Ivory Coast, a battle to save cocoa-ravaged forests

Reuters
DJIGBADJI, Ivory Coast, Nov 17 (Reuters) – This cocoa-growing settlement was all but destroyed last year by Ivorian forest agents, leaving farmers to rake through their beans amid broken concrete and other remnants. “They set the whole village on fire,” said Alexis Kouassi Akpoue, describing the day in January 2020......

Tesla shares open lower after a week of heavy losses

Reuters
The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo Nov 15 (Reuters) – Tesla Inc’s (TSLA.O) shares slipped in early trading on Monday, adding to a week of heavy losses after Chief Executive Officer Elon Musk offloaded a combined......

Heineken to buy S.Africa’s Distell and Namibian Breweries

Reuters
BRUSSELS/JOHANNESBURG, Nov 15 (Reuters) – Heineken (HEIN.AS) said on Monday it planned to buy South Africa’s Distell Group Holdings (DGHJ.J) and Namibia Breweries Ltd (NBS.NM) to form a southern Africa drinks group worth 4 billion euros ($4.6 billion). The purchase of Distell would mark a push into wine and spirits......

China and India will need to explain coal move, Sharma says

Reuters
A general view of the Xilutian coal mine in Fushun, Liaoning province, China June 26, 2018. REUTERS/Stringer LONDON, Nov 14 (Reuters) – China and India will need to explain to developing nations why they pushed to water down language on efforts to phase out coal at the COP26 conference, the......

UK’s Johnson says climate deal is a big step forward

Reuters
LONDON, Nov 13 (Reuters) – British Prime Minister Boris Johnson said on Saturday the climate deal struck at the COP26 conference in Glasgow was a big step forward and he hoped it would mark the beginning of the end of end of climate change. “There is still a huge amount......

Richemont in talks to sell stake in online business to Farfetch

Reuters
High-end jewellery is displayed at a Cartier store on Place Vendome in Paris, France, July 2, 2019. REUTERS/Regis Duvignau Richemont chairman says company not for sale But in talks with Farfetch over stake in YNAP Net profit and sales jump in first half Shares surge as much as 10% ZURICH,......

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