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26.03.26 - 15:37
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Nissin Foods FY25 Profit Rises (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Nissin Foods (NF2.F, 2897.T) reported that its fiscal 2025 profit attributable to owners of the company increased by 64.9% to HK$331.4 million. Basic earnings ......
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26.03.26 - 01:54
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Meta, Google Risk Big Tobacco-Like Fallout After Addiction Trial (Bloomberg)
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A landmark jury verdict holding Meta Platforms Inc. and Alphabet Inc.'s Google liable for harming a young user with products designed to be addictive threatens to put the social networking companies in the same category as Big Tobacco and opioid makers — a potential crack in their shield from legal responsibility for what happens on their platforms....
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25.03.26 - 16:00
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Goldman Sees Risk Of Food Price Spike Amid Fertilizer Disruption (ZeroHedge)
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Goldman Sees Risk Of Food Price Spike Amid Fertilizer Disruption
The conversation grows louder by the day as disruption at the Hormuz chokepoint hits the global nitrogen fertilizer market and, in turn, is set to impact upcoming corn and grain harvests in some key growing regions.
Goldman commodity analysts Lina Thomas and Daan Struyven penned a note on Tuesday warning clients that chokepoint risks in the Strait of Hormuz may affect global agricultural prices.
"The Strait of Hormuz is a critical route in the global nitrogen fertilizer market, which accounts for 60% of global fertilizer use and is especially important for crops like corn and other grains," Thomas and Struyven wrote in the note.
They warned that Hormuz disruptions not only constrain global fertilizer availability, but also that, with seaborne LNG flows from the region limited, any ability to boost fertilizer production elsewhere would be impacted.
"Given fertilizer accounts for ~20% of grain costs, the largest potential boost t...
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