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Fresh produce in Europe set to be more scarce as coronavirus strikes
By Duncan Miriri and Nigel Hunt NAIROBI/LONDON (Reuters) – Fresh fruit and vegetables will become increasingly scarce in Europe, suppliers warn, as the coronavirus pandemic hampers the global movement of produce and of the people needed to gather crops. Governments are looking at ways to ease any shortage, including “green lanes” to allow fresh produce […]
Global oil supply to fall 6% by 2030 due to delayed projects: data
By Shadia Nasralla LONDON (Reuters) – Global oil supplies may be 6% less than expected by 2030 because of delays to investments by energy companies in response to falling crude prices due to the coronavirus crisis, data from energy analysts at Rystad showed. Oil and gas companies across the world have slashed investment budgets, exiting […]
Hyundai Motor chairman to give up board seat as succession looms
SEOUL (Reuters) – Hyundai Motor Group <005380.KS> Chairman Mong-Koo Chung plans to give up his board seat, in the latest sign that the octogenarian patriarch of South Korea’s second-largest conglomerate is preparing to hand the reins over to his son. The company said on Wednesday it would propose Chief Financial Officer Kim Sang Hyun as […]