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Tata mulls folding all food businesses into single unit

Bloomberg Tata Group, India’s biggest conglomerate, is evaluating a proposal to integrate its food and beverage businesses into a single company, people with knowledge of the matter said. The Mumbai-headquartered group is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and folding them into Tata Global Beverages Ltd., according to the people who asked not to ...

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US seeks to block China Mobile’s entry, escalating tension

Bloomberg The US moved to block China Mobile Ltd. from entering its telecommunications market on national security grounds, launching another salvo in the fight between the world’s two biggest economies days before they’re expected to impose tariffs on each other over trade. The Federal Communications Commission should deny state-backed China Mobile’s seven-year-old application to offer international voice traffic between the ...

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China to cancel US soy shipments as more tariffs loom

Bloomberg Chinese companies are expected to cancel most of the remaining soybeans they have committed to buy from the US in the year ending on August 31 once the extra tariff on US imports takes effect from July 6. China is the world’s top soybean buyer and has yet to take delivery of about 1.14 million metric tonnes of US ...

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