Bloomberg A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing ...

Bloomberg Olam International Ltd, one of Asia’s biggest agricultural commodity traders and suppliers, has a target for its food ingredients unit to become part of the FTSE 100 after its initial public offering in London. The company, a major supplier of cocoa beans and products, green coffee and spices, expects the IPO to be “one of the bigger listings” on ...

Bloomberg Malaysia lowered its 2021 economic growth forecast for a second time, as renewed movement restrictions and rising infections hamper the recovery. Gross domestic product is expected to expand 3%-4% this year, Bank Negara Malaysia said, down from an earlier estimate of 6%-7.5% growth. Malaysia’s economy shrank 2% in the second quarter on a seasonally adjusted basis compared to the ...