Articles
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1 week ago |
news.bloomberglaw.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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1 week ago |
news.bloomberglaw.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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1 week ago |
bloomberg.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
The Archer-Daniels-Midland Co. West Plant in Decatur, Illinois. (Bloomberg) -- Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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1 week ago |
chicagobusiness.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. Citing a “challenging environment,” the company said Monday in a statement that it’s phasing out domestic trading at its Topefer Shanghai unit.
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1 week ago |
news.bloomberglaw.com | Hallie Gu
Corn futures headed for the biggest weekly gain in nearly two years, as the outlook for US exports improves despite heightened trade tensions with China. The most actively traded contract in Chicago rose 5%, the most since June 2023. The US Department of Agriculture raised its outlook for American exports in a Thursday report, citing “relatively competitive” US prices. That’s set to tighten stockpiles for the current season.
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RT @business: China has a fifth of the global population but less than a 10th of the world’s arable land. Beijing wants to adjust the imbal…
RT @business: Pork demand in China remains weak even as Lunar New Year approaches, sending a powerful message about consumer confidence in…
Chinese pork consumption over the upcoming holidays is unlikely to live up to expectations in another sign of an ailing economy https://t.co/lvuAMyC0Vp 来自 @markets