ABU DHABI / WAM Al Dahra Holding, an Abu Dhabi-based international conglomerate that specialises in agribusiness, has announced the opening of 5 new plants that will compress and dry animal feed in Serbia, Romania and Bulgaria. The new openings come in line with the company’s continuous efforts to expand its operations internationally, thus diversifying its sources of production and supply ...

Bloomberg Singapore is offering assistance to power retailers and promising safeguards for customers as skyrocketing prices strain its nascent open electricity market. At least two power providers have announced they will cease retail operations after wholesale prices surged to a record last week. The government is offering help in hedging against volatility for those who want to continue operations, the ...

Don’t look now, but the worst may be over for the supply-chain snarls that have plagued shipments of everything from Coca-Cola Co ingredients to paint, toys and industrial fasteners. Average ocean freight rates have declined for three straight weeks. A composite index of global container prices has fallen back under $10,000 for a 40-foot box for the first time since ...