U.S. company Hershey grabs cocoa stocks from exchange, avoids African price premium

© Reuters. FILE PHOTO: The company logo for Hershey Co. is displayed on a screen on the floor of the NYSE in New York NEW YORK/LONDON (Reuters) – U.S. chocolate maker Hershey Co (N:) has positioned itself to receive a sizeable amount of cheap cocoa from futures exchange ICE (NYSE:), a move that highlights difficulties […]

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Tokyo Stock Exchange to resume trading Friday after outage debacle

© Reuters. Tokyo Stock Exchange temporarily suspended all trading due to system problems TOKYO (Reuters) – The Tokyo Stock Exchange (TSE) said normal trading would resume on Friday morning as planned, a day after the worst-ever outage brought the world’s third-largest equity market to a standstill. The glitch was the result of hardware problem at […]

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London Metal Exchange plans low carbon aluminum platform

© Reuters. Traders work on the floor of the London Metal Exchange, in London By Pratima Desai and Zandi Shabalala LONDON (Reuters) – The London Metal Exchange on Thursday outlined plans to support sustainable metal production with a spot trading platform for low carbon aluminum and a register where producers can voluntarily log their metal’s […]

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Air France must slash domestic traffic in exchange for state guarantees -minister

© Reuters. Airplanes at Paris Charles de Gaulle airport in Roissy-en-France PARIS (Reuters) – Air France (PA:) will have to “drastically” reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday. Domestic routes were served by alternatives in the form of high-speed trains, she noted in […]

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