Recent Posts

Bird flu egg boom goes bust as US farms quick to replace flock

  Bloomberg America’s egg crisis is over. Not only have shortages disappeared, but there are signs of an emerging glut. U.S. prices have tumbled 75 percent from a record in August, after the biggest bird-flu outbreak ever forced farmers to destroy flocks. Since then, the laying-hen population has rebounded faster than expected while demand languished from home chefs to food ...

Read More »

Brevan Howard to liquidate Argentina fund after 18% return

  Bloomberg Brevan Howard Asset Management LLP is closing down its dedicated Argentina fund after the country resolved a legal dispute with creditors that had pushed the nation into default. The Argentina Master Fund produced net returns of 18 percent since it was opened to outside investors in January 2015, when the nation was in the midst of its second ...

Read More »

General Motors to invest $740 million in Argentina

  Buenos Aires / AFP General Motors will invest $740 million in its plant in Rosario, Argentina, to produce the Chevrolet Cruze II mostly for export, the US carmaker announced on Thursday. The news came as President Mauricio Macri visited the factory 280 kilometers (174 miles) north of Buenos Aires. The plant expansion will make it possible to produce the Cruze ...

Read More »
Send this to a friend