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Indian lentil buyers renegotiate as price slumps on crop

  Bloomberg Indian importers of pulses are renegotiating contracts with suppliers after global prices of lentils and yellow peas dropped by as much as 30 percent on bumper global harvests. Contracts of as much as 500,000 tons of lentils and yellow peas worth about $350 million were renegotiated in the past two months, said Sudhakar Tomar, managing director of Dubai-based ...

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VW buybacks to begin under $14.7bn diesel-cheat accord

  Bloomberg Volkswagen AG and drivers suing the company in the US over its diesel-cheating scandal won final approval of their $14.7 billion settlement to resolve what’s likely to be the largest portion of VW’s civil liability worldwide. The accord requires VW to buy back cars with 2.0-liter diesel engines armed with so-called defeat devices used to beat emissions tests. ...

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Coca-Cola profit beats estimates, helped by smaller packages

  Bloomberg Coca-Cola Co., the world’s largest soft-drink company, posted third-quarter earnings that beat analysts’ estimates, helped by new beverages like sports drinks and sales of smaller, more-profitable package sizes. Profit was 49 cents a share, excluding some items, the Atlanta-based company said in a statement on Wednesday. Analysts estimated 48 cents, on average. And while sales fell 6.9 percent ...

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