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Reuters exclusively reported that major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, meaning chocolate prices around the world are likely to soar.  The post African cocoa plants run out of beans as global chocolate crisis deepens  appeared first on Reuters News Agency.

Reuters exclusively reported that investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any supply chain risks.  The post Investors push Zara owner Inditex to publish full supply chain appeared first on Reuters News Agency.

Reuters exclusively reported that European Central Bank policymakers overwhelmingly back June for a first interest rate cut and some have informally floated the idea of a further move in July to win over a small group that would prefer an earlier start. The post Some ECB policymakers float back-to-back June, July cuts appeared first on […]

Reuters exclusively reported that Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles.  The post Gulf oil giants Saudi Aramco, Adnoc set sights on lithium  appeared first on Reuters […]

Reuters was first to report on Southwest Airlines slashing its Boeing jet delivery forecast by more than 40%. The carrier’s shares tumbled nearly 15% in their worst day in nearly four years and the update highlighted ongoing pain in the airline industry from Boeing’s worsening safety crisis.  The post Southwest cuts delivery forecast from Boeing […]

Reuters exclusively reported that Goldman Sachs Asset Management, a unit of Goldman Sachs Group, aims to expand its private credit portfolio to $300 billion in five years from the current $130 billion.  The post Goldman Sachs seeks to expand private credit portfolio to $300 billion in five years appeared first on Reuters News Agency.

Reuters exclusively reported that India’s Vishal Mega Mart is planning a $1 billion initial public offering that would value the budget supermarket chain at up to $5 billion with some of the proceeds earmarked to add stores.  The post India’s Vishal Mega Mart planning $1 billion IPO appeared first on Reuters News Agency.

Reuters exclusively reported that Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, adding to a string of such potential deals in a faltering market. The post China’s champion gymnast Li Ning considers taking company private appeared first on Reuters News Agency.

Reuters exclusively reported that Citigroup is investigating workplace harassment allegations made by at least one employee against a senior U.S. banker who works on initial public offerings.  The post Citigroup probes senior IPO banker over bullying claims appeared first on Reuters News Agency.

Reuters exclusively reported that private equity firm Vista Equity Partners is seeking to hire investment banks for a U.S. initial public offering of Solera, a provider of software to the automotive and insurance industries. The post Vista Equity seeks to tap banks for Solera IPO  appeared first on Reuters News Agency.