3 Min Read
LONDON (Reuters) - Chocolate and cocoa companies are tracing where more of their cocoa beans come from, as pressure mounts on them to buy beans from growers who are not linked to deforestation or human rights abuses, data from the World Cocoa Foundation (WCF) shows.
FILE PHOTO: Cocoa beans are seen at the Cacao and Chocolate Show in La Paz, Bolivia, April 2, 2019. REUTERS/David Mercado
The industry group said companies can now trace or locate the origin of 74% of the beans in their direct supply chain in top cocoa producer Ivory Coast, and 82% of their directly sourced beans in No. 2 producer Ghana.
2 Min Read
SINGAPORE (Reuters) - Philippine food maker Monde Nissin Corp has secured investor commitments for a $1 billion initial public offering (IPO) at 13.50 pesos ($0.28) each, in what would be the country’s biggest IPO on record, three sources familiar with the matter told Reuters on Wednesday.
The owner of meat alternative Quorn had flagged the sale of up to 3.6 billion primary shares at a maximum price of 17.50 pesos, but Philippine IPOs are rarely set at their top price.
A spokesman for Monde Nissin declined to comment.
“Monde could have priced the IPO higher but it was best to leave some money on the table in these choppy markets,” said one person who did not want to be identified as the fixed price has not been announced.
(Adds interview with executive)
WINNIPEG, Manitoba, April 26 (Reuters) - Private agribusiness Viterra Inc said on Monday that it will build the world’s biggest canola-crushing plant at Regina, Saskatchewan, and open it in late 2024, as interest in turning oilseeds into renewable fuel stokes already strong demand.
Rivals Cargill Inc and Richardson International also announced plans recently to build plants in the same Canadian province, with canola futures hitting record highs. U.S. soybean-crushing capacity is also increasing.
Rotterdam-based Viterra said its new plant will crush up to 2.5 million tonnes of canola per year, eclipsing Richardson’s plan.
Viterra, owned by commodity trader Glencore PLC, and Canadian pension managers CPP Investments and British Columbia Investment Management Corp, did not disclose the plant’s cost.
Carl Recine, Kate Holton, Sarah Young
5 分钟阅读 English shops and pub gardens reopen as lockdown eases Hundreds of people queue for Primark and JD Sports Drinkers lift a pint after midnight as pubs open It’s like a birthday - hairdresser says
By Carl Recine, Kate Holton and Sarah Young
LONDON, April 12 (Reuters) - Crowds queued up outside shops, pubs started selling pints at midnight and hairdressers welcomed desperate customers on Monday as England started to reopen its economy after three months of lockdown.
After imposing the most onerous restrictions in Britain’s peacetime history, Prime Minister Boris Johnson said the reopening was a “major step” towards freedom but urged people to behave responsibly as the coronavirus was still a threat.
4 Min Read
BIRMINGHAM, England (Reuters) - People queued up outside retailers across England on Monday to release their pent-up shopping fever and some grabbed a midnight pint or even an early haircut as England’s shops, pubs, gyms and hairdressers reopened after three months of lockdown.
After imposing the most onerous restrictions in Britain’s peacetime history, Prime Minister Boris Johnson said the reopening was a “major step” towards freedom but urged people to behave responsibly as the coronavirus was still a threat.
As the sun rose, dozens of people queued up outside Primark in English cities such as Birmingham and outside JD Sports on Oxford Street in London, undeterred by the unseasonably cold weather.