Insights and Stories of Reuters

China seen set to become world’s second-biggest wine market

Apr. 29, 2017 at 4:16 pm CDT

Paris | Reuters — China is set to overtake Britain and France to become the world’s second-largest wine consumer by value behind the U.S. by 2020 as consumers turn to more middle-range wines, the International Wine and Spirit Research (IWSR) organization said Thursday. In a study for wine fair Vinexpo […]

Maple Leaf posts higher-than-expected profit

Apr. 27, 2017 at 5:34 pm CDT

By Reuters

BASF still out for ag chem deals

Apr. 27, 2017 at 5:32 pm CDT

By Reuters

Tyson Foods beefs up prepared foods with AdvancePierre buy

Apr. 25, 2017 at 10:44 am CDT

By Reuters

Subway says it shut hundreds of U.S. restaurants last year

Apr. 20, 2017 at 9:12 pm CDT

By Reuters

Brazil’s JBS to resume slaughtering at six idle beef units next week

Apr. 20, 2017 at 3:37 pm CDT

São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this month, the company said in a statement on Thursday. Another four units will restart operations on May 2 after “reforms, […]

By Reuters

China to work off corn stockpile in three to five years

Apr. 19, 2017 at 3:33 pm CDT

Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of […]

By Reuters

China clears ChemChina’s Syngenta deal

Apr. 12, 2017 at 4:58 pm CDT

Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. “This represents a further step towards the closing of the transaction, which is expected to take place in the second […]

By Reuters

Lactalis still short in bid to delist Parmalat

Apr. 4, 2017 at 4:52 pm CDT

Milan | Reuters — France’s Lactalis has not secured the 90 per cent stake in Parmalat it needed to press ahead with plans to delist the Italian food company, a filing showed Tuesday. On the last day of an extended bid on shares it did not already own, the French […]

By Reuters

Ford recalls F-250s that could roll while in park

Apr. 1, 2017 at 3:56 pm CDT

New York | Reuters — Ford Motor Co. is recalling about 52,600 F-250 pickup trucks sold in the U.S. and Canada because the vehicles could roll after the driver moves the automatic transmission lever into park position, the company said on Saturday. The recall, the third announced by Ford this […]

By Reuters