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Nestle to pay cocoa farmers cash incentives to fight child labor

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  Bloomberg Nestle SA will offer cocoa farmers and their families in the Ivory Coast cash incentives that aim to reduce child labor, as the chocolate industry faces growing scrutiny over the problem. The program, under which the KitKat maker plans to spend 1.3 billion francs ($1.4 billion) by 2030, will offer as much as 500 francs per year to ...

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Hawaiian Air aims to ramp up flight service to Japan

  Bloomberg Hawaiian Airlines is seeking to ramp up its limited flight service to Japan in the second quarter, an omicron variant-linked delay from the carrier’s earlier goal of returning to a fuller slate of flights by late March. Japan represents the largest foreign market for Hawaiian, which had about a quarter of its business outside the US before the ...

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Citic weighs sale of stake in China’s EBeauty

  Bloomberg Chinese buyout firm Citic Capital is weighing a sale of its controlling stake in EBeauty Holdings Cayman Ltd. after a planned initial public offering stalled amid market volatility, people familiar with the matter said. Citic is seeking a valuation of as much as $2 billion for the provider of e-commerce services to the cosmetics industry in China, said ...

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