Money managers cut bearish bets on robusta coffee in London by 21 percent in the latest week at a time of slow exports from leading grower Vietnam, according to data from NYSE Liffe, the derivatives arm of NYSE Euronext.
A Vietnam court will consider the death penalty for two former executives if they’re convicted in a $25 million fraud scheme, signaling an aggressive stance as leaders seek to clean up the banking system.
Mahindra & Mahindra Ltd., India’s biggest tractor maker, forecasts it will outperform the industry this fiscal year as a shortage of farm hands, rising labor costs and the best monsoon rains in six years drives demand.
In global development, as in business, delivery can determine failure or success. The windswept steppes of Mongolia, among the world’s harshest environments, have become a testing ground for how best to deliver something increasingly important to Earth’s entire population: electricity.
David Myers was at the epicenter of one of the biggest corporate frauds in U.S. history. Now the former WorldCom Inc. controller is rebuilding his life a decade later with the help of the federal government.
Vietnam’s asset management company signed the first debt-purchase contract as it starts cleaning up bad loans at lenders amid rising pressure to accelerate the restructuring of the banking system and revive the economy.