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Lodha Group founder is India’s richest property tycoon with $3.8bn wealth

Bloomberg Mangal Prabhat Lodha, the founder of Lodha Group and a lawmaker representing India’s ruling Bharatiya Janata Party, has become the nation’s richest real estate developer after the company’s sales increased 22 percent. Lodha’s wealth is estimated at $3.8 billion, according to the GROHE Hurun India Real Estate Rich List. Lodha, who started the real estate business three decades ago ...

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Farmers in Vietnam worried about ‘beanless’ coffee phenomenon, output

Bloomberg Farmers in Vietnam are coming across a worrying phenomenon: Coffee fruits empty of beans. Several areas in the world’s biggest grower of robusta coffee have reaped fruits that have no beans inside or where beans are smaller than usual. The empty cherries are most common in Gia Lai province in the north, which normally provides about 15 percent of ...

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‘China’s export boom to the US to end in January’

Bloomberg A recent surge in exports from China to the US is set to turn into a slump in January as tariffs imposed on Chinese goods rise, according to Nomura economists. In September, US President Donald Trump imposed a 10 percent tariff on $200 billion of imports from China and pledged to raise the duty to 25 percent at the ...

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