The production of Vietnam’s robusta coffee, which is used as the primary ingredient for instant coffee, is expected to increase in 15 months, sending its futures to its biggest nosedive since 2009.
Industry
Continental Grain Co Announced Selling Entire Stake at Smithfield
Continental Grain Co announced to finally end its long-term ownership with Smithfield to prevent further proxy battle.
Calpers Plan to Sell Its Entire Carlyle 4% Stake
Calpers is planning to sell its entire 4% stake in Carlyle that is valued at US$373.3 million. After 12 years of being managed by Carlyle Group LP, a private equity manager firm, the California Public Employees' Retirement System plans to sell its total 4% stake.
China Offers US$3 Billion Worth of Loans to 10 Caribbean Nations
President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.
Sprint Overthrows Dish Latest Offer For Clearwire
Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire. (Photo : Reuters)People passing by a Sprint store in NYC. Sprint Nextel Corp has urged Clearwire Corp to reject the offered bid made by Dish Network.
Latest News
Zain Saudi has entered into an agreement with the Saudi Arabian Ministry of Finance to defer payment of mobile phone license fees to 2021.
FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.
London's luxury homes experience the smallest gains since 2009 as the decline was listed at 0.3% from December of last year.
Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.
Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.
DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.
Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.
China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
