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Kenya land standoff sends warning to foreign-owned tea estates

By Jefferson Kahinju, Aaron Ross and Monicah Mwangi NANDI HILLS, Kenya (Reuters) – A dispute between a British-owned tea plantation and a local community in western Kenya has come to the boil in what could be a sign of turbulent times ...
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European firms rethink cloud provider choices amid trade war, OVHCloud CEO says

(Reuters) – The CEO of OVHCloud, a leading European data centre provider that operates 43 facilities across four continents, said on Thursday that global trade tensions were making European companies rethink their choice of cloud provider from a more strategic ...
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Investors seeks review of Australia’s listing rules, say James Hardie-AZEK deal to hurt

(Reuters) – A group of investors has called for a review of Australia’s listing rules, claiming it was “unreasonable” that companies were allowed to issue a large amount of shares to fund their acquisitions without a shareholder vote. The investors wrote ...
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Pernod’s sales miss forecasts as tariffs weigh on spirits sector

By Emma Rumney LONDON (Reuters) -Pernod Ricard reported a 3% decline in third-quarter sales on Thursday, missing forecasts as tariff uncertainty rocks the already-struggling spirits sector. Analysts had expected Pernod, the world’s No. 2 Western spirits maker, which produces Jameson Irish whiskey and Mumm champagne, ...
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Officials demand answers as crews work to restore power after another Puerto Rico blackout

SAN JUAN, Puerto Rico (AP) — Crews worked early Thursday to restore power to Puerto Rico after a blackout across the entire island that affected the main international airport, several hospitals and hotels filled with Easter vacationers The outage that began past noon Wednesday left ...
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Pernod Ricard’s third-quarter sales miss forecasts

LONDON (Reuters) – Pernod Ricard on Thursday reported a 3% decline in third-quarter sales, missing forecasts as tariff uncertainty rocks the already-struggling spirits sector. Analysts had expected Pernod, the world’s No. 2 Western spirits maker, which produces Jameson Irish whiskey ...
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Barclays to sell stake in British payments business to Brookfield

By Lawrence White LONDON (Reuters) -Barclays has agreed terms for Brookfield Asset Management to buy most of its British payments business, the bank said on Thursday, ending a more than year-long effort to offload the business which processes payments for retailers. Under the complex terms of ...
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Forvia on track to mitigate full exposure to US tariffs, CEO says

By Mathias de Rozario (Reuters) -Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier’s CEO Martin Fischer said in a call on Thursday. The company, which exports goods manufactured ...
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Struggling Ivory Coast cocoa farmers are worried about US tariff plans

N’GATTAKRO, Ivory Coast (AP) — Jean Mari Konan Yao says he’s struggling as a cocoa farmer in the west African nation of Ivory Coast, which produces almost half the world’s cocoa supply of the raw ingredient used in chocolate. Like many in Ivory Coast — ...
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Hermes sales up 7% in first quarter, slightly missing expectations

PARIS (Reuters) – France’s Hermes on Thursday reported a 7% rise in first quarter sales, slightly missing expectations in a rare show of weakness in its top line segment for handbags and fashion items amid a choppy economic environment. Known ...
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Dollar attempts bounce into Easter weekend

By Tom Westbrook SINGAPORE (Reuters) -The dollar lifted from a seven-month low against the yen on Thursday, as U.S.-Japan trade talks avoided the issue of foreign exchange, while it made small gains on other currencies ahead of the long Easter break. The dollar has taken a ...
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Forvia implements tariff action plan with clients and suppliers

(Reuters) -Car parts supplier Forvia is implementing an action plan to mitigate the direct impact of U.S. tariffs on its activities, the France-based company said on Thursday. The company, which exports goods manufactured in its Mexican plants into the United States, has since March been ...
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