It took just three days to sell shares in JDE Peet's as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world's No. 2 maker of packaged coffee. JDE Peet's , whose brands include Douwe Egberts, Peet's Coffee and Jacobs, is Europe's biggest initial public offering this year.
The union representing workers at a meatpacking plant near Los Angeles where at least 153 employees have come down with COVID-19 called on Thursday for the plant's immediate closure, saying measures to control the outbreak were not working.
Tyson Foods Inc (TSN) said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country's food supply.
Tyson Foods Inc (TSN) said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country's food supply.
China will be out of the market for U.S. chicken in June as it recovers from the coronavirus pandemic, in a reversal from a recent surge of imports, the president of American poultry company Sanderson Farms Inc (SAFM) said on Thursday. "China is out because they bought so much product," said Lampkin Butts, Sanderson's president.
A new wave of locust attacks has alarmed India's farmers and experts warn of extensive crop losses if authorities fail to curb fast-spreading swarms by June when monsoon rains spur rice, cane, corn, cotton and soybean sowing. Desert locusts have engulfed around 35,000 hectares in India's seven heartland states, threatening some vegetable and pulse crops, government officials and farm experts said.
French agricultural group InVivo has appointed Pierre Lipatoff, a long-serving trader with U.S.-based Cargill, as head of its grain trading unit, the company said on Tuesday. The appointment ends a year-long search by InVivo for a trading chief following the departure of previous head Stephane Bernhard.
* Company to sell 2.25 bln euros of new and existing shares. * George Soros's Quantum fund to invest 100 mln euros. * Saving time with digital roadshows, listing on June 3. By Toby Sterling.
* Company to sell 2.25 bln euros of new and existing shares. * George Soros's Quantum fund to invest 100 mln euros. * Saving time with digital roadshows, listing on June 3. By Toby Sterling. The world's No. 2 packaged coffee maker, JDE Peet's, set an indicative price range on Tuesday for its initial public offering that implies a market value of as much as 16 billion euros.
Brazilian meatpacker Marfrig said 25 employees at its Várzea Grande unit, in Mato Grosso state, tested positive for the novel coronavirus, according to a statement sent to Reuters on Monday. The company said it removed the infected workers from the production line and those who had come in contact with them to avoid further contamination.
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