Singapore’s office rents are set to rise as much as 15 percent this year on increased demand and a dearth of new developments, said Lynette Leong, chief executive officer of CapitaCommercial Trust Management Ltd.
Cocoa purchases by Indonesia, the third-biggest grower, will probably increase fourfold to a record this year as the government plans to scrap an import tax, according to the country’s grinders association.
Hidden within combined sales of more than $25 billion at industrial-gas suppliers Air Liquide SA and Air Products & Chemicals Inc. are small cosmetic-ingredient units prized by the parent companies for their glowing growth.
Cargill Inc., the largest closely held U.S. company, posted a 28 percent decline in fiscal third- quarter earnings after a loss on U.S. power trading while the weather disrupted operations in North America.
The U.S. Export-Import Bank halted a review of financing for a Russian natural-gas export project after the Obama administration imposed sanctions on individuals including a billionaire with a stake in the facility.
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe.