Gus Trompiz

Paris

Commodities Reporter at Reuters

Journalist at Reuters covering commodity markets.

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Articles

Shipping giant CMA CGM and French AI startup target customer service in tie-up

2 weeks ago | msn.com | Gus Trompiz |Florence Loeve

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Shipping giant CMA CGM and French AI startup target customer service in tie-up

2 weeks ago | kfgo.com | Gus Trompiz |Florence Loeve

By Gus Trompiz and Florence LoevePARIS (Reuters) – Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday, which the French firms also touted as a commitment to their home country amid the global trade tensions.
Louis Dreyfus sticks to North America oilseed plans despite tariff storm

1 month ago | uk.marketscreener.com | Gus Trompiz

PARIS (Reuters) - Louis Dreyfus Company is pushing ahead with plans to expand its oilseed processing in North America and expects Canadian vegetable oil to continue flowing to the United States despite tensions over tariffs, the global crop merchant's CEO said on Wednesday. U.S. President Donald Trump's use of tariffs as a core economic and diplomatic tool has upended ties with trading partners including neighbours Canada and Mexico.
CME Group to Launch European Rapeseed Oil Futures

1 month ago | gurutrade.com | Gus Trompiz |Susan Fenton

PARIS, March 18 (Reuters) - Financial markets operator CME Group said on Tuesday that it plans to launch cash-settled futures for European rapeseed oil next month, using an Argus Media index for Dutch prices. The new product will start trading on April 28, subject to regulatory approval, through CME's Chicago Board of Trade exchange, the company said in a notice on its website.
TotalEnergies faces French manslaughter probe over Mozambique attack

1 month ago | timeslive.co.za | Gus Trompiz |Nicolas Delame

French prosecutors have opened an investigation into TotalEnergies over potential manslaughter and a failure to assist people in danger during a jihadist attack in Mozambique, the energy firm said, reiterating that it denied any wrongdoing. Islamist insurgents attacked the port city of Palma in March 2021, killing many civilians in areas close to Mozambican gas infrastructure projects, owned in part by TotalEnergies.
Court allows Telegram CEO to leave France

1 month ago | businesslive.co.za | Gus Trompiz |Tangi Salaün

Paris — French authorities have allowed Pavel Durov, the Russian-born founder and CEO of Telegram, to leave France temporarily in a loosening of his obligations under a probe into criminal activities on the messaging app, the French news agency AFP reported on Saturday. Durov was arrested at an airport near Paris last August and subsequently placed under formal investigation, with a ban on leaving France.
Soufflet Malt, Heineken Beverages announce partnership to supply malt for SA brewing operations

1 month ago | bizcommunity.com | Nqobile Dludla |Gus Trompiz

Advertise your job vacancies2 days7 days30 daysBy Industry Show more New €100m malt production facility will create jobs, support local barley farmers, and strengthen South Africa’s brewing supply chain. Soufflet Malt and Heineken Beverages have entered a commercial partnership in South Africa, with Soufflet Malt set to supply malt used in Heineken’s South African operations.
Soufflet Malt partners with Heineken on $108m South African factory

1 month ago | bizcommunity.com | Nqobile Dludla |Gus Trompiz

Advertise your job vacancies2 days7 days30 daysBy Industry Show more Soufflet Malt and Heineken have entered into a commercial partnership in which the French grain group will invest $108.51m to build a new malting factory in South Africa to supply malt to the Dutch brewer. Source: Reuters/Siphiwe SibekoThe malt factory, which is Soufflet's second in Africa, will be located next to Heineken's Sedibeng Brewery near Johannesburg, and is set to be operational by mid-2027.
US port fees on China vessels would affect all shipping firms, CMA CGM says

1 month ago | themeditelegraph.com | Gus Trompiz |Michal Aleksandrowicz

Genoa - U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said onFriday. The U.S. Trade Representative's office has proposed charging up to $1.5 million for Chinese-built vessels entering U.S.ports as part of its investigation into China's expansion in the shipbuilding, maritime and logistics sectors.
Ivory Coast cocoa output to remain low amid challenging conditions

1 month ago | zawya.com | Gus Trompiz

Ivory Coast's cocoa production for the 2024/25 season is expected to remain at last season's low levels due to poor weather and crop conditions, according to the agriculture minister. The decline in output from the world's top cocoa producer, along with reduced production in Ghana, led to record-high international prices last year. "It's the same trend," Kobenan Kouassi Adjoumani said regarding prospects for 2024/25 production, adding it was too early to give a firm forecast.