Financials & Economy
-
Cargill reports US$177B revenue in Q2, partners ZeroNorth to reduce vessel emissions
USA- Global commodities trader Cargill Inc recently reported that its fiscal year 2023 revenue increased 7% from a year earlier to US$177 billion, the highest…
-
Seaboard milling unit Q2 income down on lower margins
USA- Seaboard Corp. quarter 2 results reveal an operating income of US$17 million in its Commodity Trading and Milling (CT&M) segment, down 44% from US$30…
-
Flour Mills of Nigeria to raise N55 billion (US$70M) as part of its Commercial Paper Programme
NIGERIA – Flour Mills of Nigeria PLC (FMN), one of the largest foods and agro-allied groups, has announced the issue of up to N55 billion…
-
Zimbabwe’s Seed Co restructures its business model to cope with impacts of exchange losses
ZIMBABWE – Zimbabwe’s largest seed producer Seed Co Limited is on course of restructuring its business model in a bid to offset the adverse impacts…
-
Bunge’s second quarter 2023 financial results reveal impressive performance in the agribusiness unit
USA- Commodity trading giant Bunge Limited has reported its second-quarter 2023 results, revealing an EBIT of US$785 million in its agribusiness unit, which is up…