Insights and Stories of Reuters

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

Aug. 12, 2015 at 2:57 pm CDT

Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital — known as an aggressive cost-cutter — combined with Kraft in March in […]

Japan anxious at lull in Trans-Pacific trade talks

Aug. 11, 2015 at 7:13 pm CDT

By Reuters

Russia to add more countries to food import ban list

Aug. 11, 2015 at 11:31 am CDT

By Reuters

K+S says retail shareholders back rejecting PotashCorp

Aug. 11, 2015 at 1:45 am CDT

By Reuters

France says livestock crisis putting thousands of farms at risk

Jul. 18, 2015 at 12:50 am CDT

By Reuters

Malteurop parent to buy barley trader Interbrau

Jul. 16, 2015 at 3:08 pm CDT

Paris | Reuters — French co-operative group Vivescia has entered into an agreement to buy German malting barley trader Interbrau GmbH from Swiss grain trading group Ameropa, the companies said Thursday. Founded in 1961, Interbrau specializes in international malting barley trading and logistics, and operates in Europe, Latin America, Asia, […]

By Reuters

ConAgra names activist investor nominees to board

Jul. 10, 2015 at 6:36 pm CDT

Reuters — ConAgra Foods said it would add two directors, including a former Nestle executive nominated by Jana Partners, three weeks after the activist investor took a stake in the food processing company and called for changes. ConAgra will appoint former Nestle USA CEO Bradley Alford and former Walgreens Boots […]

By Reuters

U.S. forecaster sees El Nino likely into N. Hemisphere spring

Jul. 9, 2015 at 1:02 pm CDT

New York | Reuters — A U.S. government weather forecaster on Thursday warned that much-watched El Nino conditions are likely to last another nine months, potentially roiling global crops and commodities prices. The National Weather Service’s Climate Prediction Center projected a more than 90 per cent chance that El Nino […]

By Reuters

PotashCorp not planning to increase K+S bid

Jul. 8, 2015 at 2:53 pm CDT

Reuters — Canada’s PotashCorp does not plan to sweeten its bid for German rival K+S AG, several people familiar with the Canadian mineral miner said, downplaying a media report that it would consider such a move. The proposed bid of 41 euros (C$58) per share already represented an unusually high […]

By Reuters

PotashCorp says can address K+S concerns about tie-up

Jul. 3, 2015 at 7:18 pm CDT

Frankfurt | Reuters — Canada’s PotashCorp said it was confident of addressing concerns raised by K+S over its 7.9 billion euro (C$11 billion) takeover proposal for the German potash miner, giving K+S’s stock a boost. K+S rejected PotashCorp’s proposed bid as too low on Thursday, saying its suitor could be […]

By Reuters