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Kellogg (K) Discontinues Operations in Crisis-Hit Venezuela

Kellogg (K) pulls out of Venezuela citing economic and political .....»»

Category: personnelSource: nytMay 16th, 2018

Kellogg Is Shutting Down Operations in Venezuela Amid the Economic Crisis

Food shortages and inflation have put even cereal out of reach of most Venezuelans. Corn Flakes may be even scarcer in Caracas. Kellogg k said .....»»

Category: europeSource: fortuneMay 15th, 2018

Kellogg latest US brand to ditch crisis-wracked Venezuela

The Kellogg Company says it's closing operations in Venezuela at a time of widespread hunger in the crisis-wracked South American nation......»»

Category: topSource: foxnewsMay 15th, 2018

Kellogg"s latest US brand to close door on Venezuela

The Kellogg Company says it's closing operations in Venezuela at a time of widespread hunger in the crisis-wracked South American nation......»»

Category: topSource: foxnewsMay 15th, 2018

Tire maker Pirelli abandons Venezuela, adding to business exodus

Manufacturer Pirelli said on Friday it had ceased operations in Venezuela, selling its car tire factory for an unspecified amount and adding to the flood of foreign businesses abandoning the crisis-wracked country......»»

Category: topSource: reutersSep 7th, 2018

Venezuela"s domestic airline industry suffers amid economic crisis

Venezuela's domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard to obtain tickets and causing chronic flight delays......»»

Category: topSource: reutersJul 6th, 2018

Kellogg Pulls Out of Venezuela, Citing Its "Deterioration"

Kellogg Co., citing the “deterioration” of Venezuela, said it was closing operations that employed 400 workers and produced much of the breakfast cereal consumed in the country......»»

Category: smallbizSource: wsjMay 15th, 2018

Maduro seizes Kellogg plant after it leaves Venezuela due to crisis

CARACAS (Reuters) - U.S.-based cereal maker Kellogg Co on Tuesday pulled out of Venezuela due to the country's deep economic crisis, and an angry President Nicolas Maduro said its units would be taken over and given to workers......»»

Category: topSource: reutersMay 15th, 2018

The Wall Street Journal: Kellogg closes operations in Venezuela amid country’s ‘deterioration’

Kellogg Co., citing the “deterioration” of a country in the midst of an economic meltdown, said Tuesday it was closing operations that employed 400 workers and produced the majority of the breakfast cereal consumed by Venezuelans......»»

Category: topSource: marketwatchMay 15th, 2018

Maduro rebukes Kellogg for leaving Venezuela, gives unit to workers

CARACAS/VALENCIA (Reuters) - Venezuelan President Nicolas Maduro blasted U.S.-based cereal maker Kellogg Co on Tuesday for pulling out of the country due to the economic crisis and vowed to hand over the company's factory to workers......»»

Category: topSource: reutersMay 15th, 2018

Kellogg closing operations in Venezuela, AP reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 15th, 2018

Venezuela"s Crisis: What"s Oil Got To Do With It?

Authored by Carmen Elena Dorobăț via The Mises Institute, After over three years of following the disastrous effects of socialism unfolding in Venezuela I can confidently say that 99% of the articles I’ve read on the issue will so.....»»

Category: blogSource: zerohedgeDec 17th, 2018

Goodyear Shutters Venezuela Plant, Gives Out Tires As Severance

Venezuela's economic depression has claimed yet another victim, as Goodyear Tire announced it would shutter its Venezuela operations and lay off its entire.....»»

Category: blogSource: zerohedgeDec 13th, 2018

Venezuela Shows What Socialism Does

Venezuela’s National Assembly, an opposition-controlled legislative body, said annual inflation has reached 1,300,000 percent in November as the country struggles through its worst economic crisis ever. At the same time, th.....»»

Category: topSource: livetradingnewsDec 11th, 2018

Julius Baer in talks with Santander over Venezuela business: sources

Swiss private bank Julius Baer is in talks about transferring its Venezuelan book of business to Spain's Banco Santander as Baer reorganizes operations in Latin America, sources close to the situation have told Reuters......»»

Category: topSource: reutersDec 8th, 2018

Ford"s Venezuela unit offers buyouts as output dwindles: sources

Ford Motor Co is offering buy-outs to staff at its moribund plant in Venezuela to reduce its payroll, two union leaders said, as the U.S. automaker seeks to streamline its money-losing South America operations......»»

Category: topSource: reutersDec 5th, 2018

Venezuela turns to urban ranching during crisis

A socialist commune in Venezuela has irked its neighbors after turning a backyard in a wealthy neighborhood into an urban cattle pasture and slaughterhouse in order to sell below market-rate meat during a crippling economic recession......»»

Category: videoSource: reutersNov 17th, 2018

Venezuela"s Health Crisis Is Crossing the Border

Desperate refugees spread malaria, yellow fever, diphtheria, dengue and tuberculosis to neighboring countries as health-care system implodes......»»

Category: topSource: wsjNov 1st, 2018

How the Marine Corps" elite special operators take driving school to the next level

Marines/YouTube MARSOC — or Marine Special Operations Command — is one of our nation’s most elite fighting forces, as its members are ready to respond to any crisis, anywhere. Their goal is to enh.....»»

Category: topSource: businessinsiderOct 25th, 2018

$100 a barrel? Venezuela crisis, Iran sanctions could boost oil prices

As recently as two years ago the world had an oil glut but now market participants are speculating on a price not seen since 2014.....»»

Category: topSource: moneycentralOct 13th, 2018

Real Estate - Operations Industry Outlook: Hiccups to Persist

Real Estate - Operations Industry Outlook: Hiccups to Persist The Real Estate Operations industry had been making a steady run, post the 2008-2009 financial crisis, as commercial rea.....»»

Category: dealsSource: nytSep 28th, 2018