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Ghana's cocoa farmers expect yield rebound in 2024/2025 crop season

Ghana's cocoa farmers expect yield rebound in 2024/2025 crop season Ghana farmers say cocoa weather has improved Farmers see increased cocoa pods on trees Concerns persist over pests and smuggling By Maxwell Akalaare Adombila ACCRA, July 18 (Reuters) - Ghanaian cocoa farmers expect a boost in the 2024/2025 season starting in October after a sharp fall in production this season contributed to boosting global cocoa prices to record levels.
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Traders face $1 bln loss on faltering Ghana cocoa supply, sources say

EXCLUSIVE-Traders face $1 bln loss on faltering Ghana cocoa supply, sources say Ghana looks to delay up to half its bean sales to 2025 -sources Traders forced to liquidate big chunk of short positions Physical and futures cocoa markets drying up, traders say Traders seen passing on costs to chocolate makers By Maytaal Angel and Maxwell Akalaare Adombila LONDON/ACCRA, July 15 (Reuters) - Trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to de
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U.S. Ardelyx, Eli Lilly, Tesla

U.S. RESEARCH ROUNDUP-Ardelyx, Eli Lilly, Tesla July 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ardelyx, Eli Lilly and Tesla, on Wednesday. HIGHLIGHTS * Ardelyx Inc ARDX.O : Piper Sandler cuts to neutral from overweight * Eli Lilly LLY.N : Jefferies raises target price to $1,041 from $1,015 * Nicolet Bankshares Inc NIC.N : Stephens raises target price to $90 from $88 * Tesla Inc TSLA.O : Wedbush raises target
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Toblerone still sold in Russia even as Mondelez nixed imports

FOCUS-Toblerone still sold in Russia even as Mondelez nixed imports By Jessica DiNapoli NEW YORK, June 28 (Reuters) - Russians are still indulging in foreign-made Toblerone chocolate, according to internal sales documents seen by Reuters, showing the difficulty of U.S. manufacturer Mondelez's MDLZ.O plan to isolate its business in the country from its global operations.
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Mondelez Files Pricing Term Sheet For Offering Of C$650,000,000 4.625% Notes Due 2031- SEC Filing

BRIEF-Mondelez Files Pricing Term Sheet For Offering Of C$650,000,000 4.625% Notes Due 2031- SEC Filing Mondelez International Inc MDLZ.O : MONDELEZ FILES PRICING TERM SHEET FOR OFFERING OF C$650,000,000 4.625% NOTES DUE 2031- SEC FILING Source text for Eikon: [ID:n0001628280-24-030181] Further company coverage: MDLZ.O
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Mondelez Files For Offering Of C$ Denominated Notes Due 2031; Size Not Disclosed

BRIEF-Mondelez Files For Offering Of C$ Denominated Notes Due 2031; Size Not Disclosed June 26 (Reuters) - Mondelez International Inc MDLZ.O : MONDELEZ FILES FOR OFFERING OF C$ DENOMINATED NOTES DUE 2031; SIZE NOT DISCLOSED - SEC FILING MONDELEZ SAYS NOTES WILL BE ISSUED IN MINIMUM DENOMINATIONS OF C$2,000 AND INTEGRAL MULTIPLES OF C$1,000 IN EXCES
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European banks leaving Russia would hurt Western and Russian companies, Kremlin says

UPDATE 1-European banks leaving Russia would hurt Western and Russian companies, Kremlin says Adds detail and further quotes from Kremlin spokesman in paragraphs 2, 4-9 MOSCOW, June 25 (Reuters) - European banks leaving Russia would damage both Western and Russian companies, Kremlin spokesman Dmitry Peskov said on Tuesday, pointing to the many Western businesses that still operate and use banking services in Russia.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Baker Hughes Co BKR.OQ +4.8% Diamondback Energy Inc FANG.OQ +4.2% Amgen Inc AMGN.OQ +2.9% MongoDB Inc MDB.OQ +2.7% Mondelez International Inc MDLZ.OQ +2.6% Bottom Performers Percent Change Dexcom Inc DXCM.OQ -5.5% NVIDIA Corp NVDA.OQ -5.4% Arm Holdings PLC ARM.OQ -5.1% Marvell Technology Inc MRVL.OQ -4.7% Qualcomm Inc QCOM.OQ -4.4% The Nasdaq 100 .NDX lost 157.25 points, or 0.80%,
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Baker Hughes Co BKR.OQ +3.4% Moderna Inc MRNA.OQ +2.8% Diamondback Energy Inc FANG.OQ +2.7% Mondelez International Inc MDLZ.OQ +2.4% Amgen Inc AMGN.OQ +2.2% Bottom Performers Percent Change Arm Holdings PLC ARM.OQ -4.7% NVIDIA Corp NVDA.OQ -4.6% Dexcom Inc DXCM.OQ -3.8% Qualcomm Inc QCOM.OQ -3.6% Marvell Technology Inc MRVL.OQ -3.5% The Nasdaq 100 .NDX lost 59.24 points, or 0.30%,
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Lotus Bakeries tops BEL 20 on Mondelez deal in India

BUZZ-Lotus Bakeries tops BEL 20 on Mondelez deal in India ** Shares in Lotus Bakeries LOTB.BR rise 2% to the top of Belgium's BEL 20 index .BFX after the biscuits maker signed a partnership with Mondelez MDLZ.O on Lotus Biscoff brand and co-branded products in India ** Cadbury-parent Mondelez will manufacture, market, distribute and sell Biscoff co
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Mondelez To Make And Sell Lotus Biscoff Brand In India

BRIEF-Mondelez To Make And Sell Lotus Biscoff Brand In India June 13 (Reuters) - Mondelez International Inc MDLZ.O : MONDELEZ - MONDELĒZ TO MANUFACTURE, MARKET, DISTRIBUTE AND SELL LOTUS BISCOFF(®) BRAND IN INDIA MONDELEZ - TWO COS WILL WORK TOGETHER TO DEVELOP AND MARKET CO-BRANDED CHOCOLATE PRODUCTS IN OTHER MARKETS Source text for Eikon: ID:nG
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Law firm Kirkland sued in class action over MOVEit data breach

Law firm Kirkland sued in class action over MOVEit data breach By Sara Merken June 10 (Reuters) - U.S. law firm Kirkland & Ellis, the world's largest law firm by revenue, has been pulled into U.S. litigation over a wide-ranging data breach linked to a file transfer tool that compromised data at hundreds of organizations. A proposed class action filed on Friday accused Kirkland and several other companies, including health insurer Humana, of not doing enough to safeguard personal information that
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Mondelez, US law firm must face class action over data breach

Mondelez, US law firm must face class action over data breach By David Thomas June 4 (Reuters) - Snack food giant Mondelez MDLZ.O and U.S. law firm Bryan Cave Leighton must face at least part of a proposed class action over a data breach at the firm that compromised personal information belonging to thousands of Mondelez employees, a Chicago federal judge has ruled.
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After repairing its war-damaged factory, Mondelez resumes making Oreos in Ukraine

After repairing its war-damaged factory, Mondelez resumes making Oreos in Ukraine By Jessica DiNapoli NEW YORK, May 31 (Reuters) - Snack maker Mondelez MDLZ.O resumed its production of Oreo cookies in Ukraine, after its plant in a small city in the eastern part of the country was badly damaged during Russia's invasion roughly two years ago. Mondelez's plant in Trostyanets is now fully rebuilt after opening partially last year to make chocolates, according to a company statement.
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Mondelēz International To Invest More Than $5 Million USD In Biscuit And Baked Snacks Lab And Innovation Kitchen In Singapore

BRIEF-Mondelēz International To Invest More Than $5 Million USD In Biscuit And Baked Snacks Lab And Innovation Kitchen In Singapore Mondelez International Inc MDLZ.O : MONDELĒZ INTERNATIONAL TO INVEST MORE THAN $5 MILLION USD IN BISCUIT AND BAKED SNACKS LAB AND INNOVATION KITCHEN IN SINGAPORE Source text for Eikon: ID:nGNX28Dh4n Further company
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British Business - May 24

PRESS DIGEST-British Business - May 24 May 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The owner of Royal Mail, International Distributions Services IDSI.L , took nearly seven hours to tell the stock market that it would not be able to publish its annual results as scheduled, after blaming its auditors at KPMG.
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Mondelez fined $366 mln by EU for cross-border trade curbs

UPDATE 1-Mondelez fined $366 mln by EU for cross-border trade curbs Adds detail and Vestager and Mondelez comment By Foo Yun Chee BRUSSELS, May 23 (Reuters) - Oreo maker Mondelez International MDLZ.O was fined 337.5 million euros ($365.7 million) by EU antitrust regulators on Thursday for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
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Mondelez fined $365.7 mln by EU for cross-border trade curbs

CORRECTED-Mondelez fined $365.7 mln by EU for cross-border trade curbs Corrects headline to remove euros BRUSSELS, May 23 (Reuters) - Oreo maker Mondelez International MDLZ.O was fined 337.5 million euros ($365.72 million) by EU antitrust regulators on Thursday for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
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EU expected to announce Mondelez fine, says source

EU expected to announce Mondelez fine, says source BRUSSELS, May 23 (Reuters) - EU antitrust chief Margrethe Vestager is expected to announce a fine against Oreo maker Mondelez MDLZ.O on Thursday, a source close to the matter said after the European Commission said it will hold a news conference at 0900 GMT. The company said in a regulatory filing in January that it expects a liability of about 340 million euros ($368 million) in connection with the matter.
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Nestle set to sell $5 pizza, sandwiches for Wegovy, Ozempic users

Nestle set to sell $5 pizza, sandwiches for Wegovy, Ozempic users New brand boosts protein, iron, calcium content Up against new Daily Harvest, Herbalife products By Jessica DiNapoli NEW YORK, May 21(Reuters) - Nestle NESN.S will market a new, $5 line of frozen pizzas and protein-enriched pastas in the United States which it says it designed specifically for people taking drugs such as Wegovy or Ozempic for weight loss.
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