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Supply chain chaos sparks ‘chicken shortage’ in Japan

Bloomberg As Americans celebrated Thanksgiving with turkey prices at record highs, another poultry dish that’s a beloved holiday tradition could be in short supply: fried chicken in Japan. Convenience stores in Japan like 7-Eleven and FamilyMart are running low on fried chicken for their holiday platters due to plant closures in Thailand, one of the world’s major chicken producers, following ...

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Sainsbury billionaire bets $337m on PE funds

Bloomberg The investment firm for one of the world’s biggest retail fortunes is boosting its private equity bets after stepping back from public markets. David Sainsbury, whose great-grandfather founded supermarket chain J Sainsbury Plc, plans to put as much as 253 million pounds ($337 million) into private equity funds through his family office, Innotech Advisers, according to a UK registry ...

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Indian farmers press Modi for more after forcing his retreat

Bloomberg Indian PM Narendra Modi’s government moved to repeal controversial farm laws as parliament reconvened, to quell protests from a crucial vote bank that show little sign of abating with key state elections due next year. Both houses of parliament approved the scrapping of the legislation in rushed voice votes even as the opposition parties demanded a debate. However, the rollback ...

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