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Louis Dreyfus owner pledged stake to raise $1 billion Credit Suisse loan

Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC), pledged her majority stake in the commodities trader as collateral, a company filing showed......»»

Category: topSource: reutersJan 6th, 2020

Louis Dreyfus owner pledges her stake as collateral in $1 billion Credit Suisse loan: filing

Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC) and pledged her majority stake in the commodities trader as collateral, a company filing showed......»»

Category: topSource: reutersJan 6th, 2020

Lockheed nears another littoral combat ship delivery

Littoral Combat Ship 19, the future USS St. Louis built by a team led by Bethesda defense giant Lockheed Martin Corp. (NYSE: LMT), recently completed its acceptance trials on Lake Michigan and is expected to deliver to the Navy early next year. Th.....»»

Category: topSource: bizjournalsDec 26th, 2019

China"s November soybean imports rise after US trade deal

Imports rose 53.7 percent over a year earlier......»»

Category: topSource: foxnewsDec 26th, 2019

China ramped up US soybean purchases to 20-month high ahead of partial trade deal

U.S. soybean shipments to China reached 2.6 million tons in November, the highest since March 2018, according to Chinese customs data......»»

Category: topSource: foxnewsDec 25th, 2019

Metals Stocks: Gold notches highest finish in more than 6 weeks to kick off a short holiday week

Gold prices settle higher on Monday to begin a shortened week of holiday trade, with the precious commodity punching above a level of technical resistance that could signify further gains ahead, strategists say......»»

Category: topSource: marketwatchDec 23rd, 2019

Metals Stocks: Gold rises as metal breaks out above point of resistance at $1,480, technical analysts says

Gold prices climb on Monday to begin a shortened week of holiday trade that has taken the precious commodity above a level of technical resistance that could signify further gains ahead......»»

Category: topSource: marketwatchDec 23rd, 2019

Accenture Will Board Corporates Onto Marco Polo Shipping Blockchain

Accenture plans to help TradeIX create new use cases beyond banking for buyers and sellers within trade finance after backing the Marco Polo tech partner......»»

Category: forexSource: coindeskDec 17th, 2019

R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations

The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants......»»

Category: forexSource: coindeskDec 16th, 2019

Apple has "deep concerns" that ex-employees accused of theft will flee to China

Apple Inc on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored......»»

Category: topSource: reutersDec 9th, 2019

Trump"s "Trade Optimism" Wanes Amid Declining Soybean Exports 

Trump"s "Trade Optimism" Wanes Amid Declining Soybean Exports .....»»

Category: blogSource: zerohedgeDec 5th, 2019

Wilbur Louis Ross Jr. on Trump’s latest comments on the trade war

CNBC Transcript: Secretary.....»»

Category: blogSource: valuewalkDec 3rd, 2019

Grain trader Louis Dreyfus to cut costs in ongoing overhaul

Louis Dreyfus Company is making sweeping cost cuts, starting with travel, entertainment, hiring and salaries, as the 168-year-old agricultural commodities firm tries to revive dwindling profits......»»

Category: topSource: reutersNov 28th, 2019

BNY Mellon Aims to Go Live ‘ASAP’ on Trade Finance Blockchain Marco Polo

Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so......»»

Category: forexSource: coindeskNov 26th, 2019

Delayed U.S. Corn Harvest Has Resulted In Chaos For Trade Routes

Delayed U.S. Corn Harvest Has Resulted In Chaos For Trade Routes The most delayed U.S. corn harvest on record is resulting in chaos for traditional commodity trade routes. Corn usually is harvested in the midwest, before it is sen.....»»

Category: blogSource: zerohedgeNov 23rd, 2019

Vermont Utility Customers to Trade Renewable Energy Credits on LO3 Blockchain

With an ambitious 100% renewables goal by 2025, the new marketplace by Green Mountain Power and LO3 Energy is an eco blockchain play......»»

Category: forexSource: coindeskNov 21st, 2019

American farmers have been crushed by Trump"s trade war with China. That"s about to change.

Scott Olson/Getty Images American farmers, particularly soybean farm.....»»

Category: topSource: businessinsiderNov 13th, 2019

Fast-growing biotech startup targets 2020 for Series A funding, start of clinical trials

The St. Louis-based startup, Wugen, is developing “off the shelf” medicine to treat various cancers. The company was created from technology licensed from Washington University researchers......»»

Category: topSource: bizjournalsNov 8th, 2019

After Xi, China’s Central Bank Gives Blockchain Tech a Pump

The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China......»»

Category: forexSource: coindeskNov 7th, 2019

CFTC Makes Its Fintech, Blockchain Research Lab a Full-Fledged Office

The U.S. Commodity Futures Trading Commission is upgrading its financial technology research wing, LabCFTC, into an independent office......»»

Category: forexSource: coindeskOct 24th, 2019