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Indians stocking up milk help lift dairy shares amid lockdown

Bloomberg Heritage Foods and Parag Milk Foods are almost doubling in market value as sales of packaged milk pick up pace with Indians stocking up to survive the world’s biggest lockdown. The nation is the largest producer and consumer of milk, pouring it liberally into sugared teas and coffees, as well as using derivatives like ghee, curd, and cottage cheese ...

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Thailand may ease partial lockdown in May

Bloomberg Thailand may ease its partial national lockdown starting from early May in provinces that are free of novel coronavirus infections. Only provinces clear of the pathogen for two weeks would be eligible, Kamnuan Ungchusak, an adviser to the nation’s health minister, told reporters. The proposal will undergo further evaluation, he said. The Asian nation is under a state of ...

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Virus slashes visitors to Japan, sending retailers to seek help

Bloomberg Visitors to Japan in March slumped to levels not seen since Japan’s economic heyday in the 1980s after the coronavirus pandemic shut down global travel, an early sign the impact the drop will have on retailers that thrived on tourist spending. Visitors in March fell 93% from a year earlier to 193,700 people, the steepest drop on record, figures ...

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